How can I calculate capital gains on Coinbase trades?

1 answers

• May 07, 2022 · 3 years ago
  Calculating capital gains on Coinbase trades is an important step for tax purposes. To do this, you'll need to gather information about each trade, including the purchase price, sale price, and holding period. The holding period is the duration between the purchase and sale dates. Once you have this information, you can calculate the capital gains by subtracting the purchase price from the sale price. If you have multiple trades, calculate the gains for each trade separately and then sum them up. It's always a good idea to consult with a tax professional to ensure you're accurately calculating your capital gains.
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