Failed Transactions and $ lost on gas fees

Hello, I have what I hope is a relatively easy question to answer.

How can I classify transactions for failed eth/erc20 transactions that do no have sufficient gas, therefore accounting for these cumulative losses?

Hi @smoothsailing,

In this case, you ensure that there is a manual transaction showing that you spent the gas amount (spend). A normal capital gain/loss will be incurred on the spent gas (same as though you were using it to buy a good or service).