From bottom to top:
- AVAX to qiAVAX → OK
- qiAVAX to AVAX → Why am I getting such a large capital gain? Why isn’t the previous cost basis used to figure out the actual cost basis instead of using zero?
- Back to qiAVAX → OK.
I went from AVAX to qiAVAX and back to AVAX and cointracker generated a large (erroneous) Captial Gain. No wonder why my short-term profits are so high if my transactions are accounted like that.
It doesn’t look like I can edit the cost basis on 2., only the proceeds, so I am pretty much stuck there. Is there any way to fix it? I can’t submit to the IRS like that or they’ll come knocking for a lot of money…