Sorry if this has already been answered somewhere but are fees included in the cost basis?
I’ve seen numerous posts on this but don’t believe it was ever addressed
Debating whether to use cointracker this tax season but this just might be a showstopper for me given where gas fees were in 2021. Basically the only workaround is to manually for each transaction: 1) increase amount of outgoing ETH by the amount of fees 2) increase cost basis for the received asset by the amount of fees. If you have thousands of transactions that’s a many hrs exercise while it seems to be a super easy feature to implement (and essential for pretty much every filer).
Same question here. I believe gas fees should be included in the NFT cost basis.
I’m also noticing that when I sell an NFT, there is a fee being recorded in cointracker, but this is paid by the buyer - don’t know why it is showing up in the tracking.
LOL this has hilariously been a bug in the product for years