Calculates IRS-compliant capital gains and losses using FIFO methodology for cryptocurrency and securities transactions.
The crypto-gains skill automates the complex process of tax reporting by calculating cost basis and capital gains across various transaction sets. It implements First-In-First-Out (FIFO) accounting logic, performs wash sale detection for securities, and automatically classifies assets into short-term or long-term holdings based on holding periods. This skill is particularly useful for developers and traders who need to transform raw transaction data into tax-ready documentation, including Form 8949 outputs and TurboTax-compatible CSV files.
Características Principales
01IRS Form 8949 and TurboTax CSV generation
02Short-term and long-term gain classification
03Cost basis tracking and lot updates
04FIFO cost basis allocation logic
05Automated wash sale detection for securities
065 GitHub stars
Casos de Uso
01Preparing schedule D summaries and TurboTax import files
02Generating year-end tax reports for cryptocurrency portfolios
03Automating capital gains calculations for high-frequency trading