2024 Cryptocurrency Financial Statements & Tax Returns: Information Required

We’d like to start preparing your 2024 financial statements and tax return and need information from you.

To accurately calculate your taxes, we need to have details of every single transaction involving buying, selling, swapping, earning/staking, gifting, airdrops, ICOs and margin/futures trading

We’d like to ensure we have all information (and identify any missing parts) before commencing your work. This checklist will provide us with an overview of what to expect, to ensure your work is complete and accurate.

If you have not already done so, please complete a stock take of all tokens on 31 March and email us the quantities of each token you own.

Can you please complete the checklist below and email it to us with a copy of your 2024 information?

Cryptocurrency Client Checklist

1. Can you provide a list of the quantities of each token you owned on 31 March 2024? Yes or No? If not, please provide a list of quantities today.

1. Please list all the exchanges that you have used, (including on-ramps/off-ramps such as Easy Crypto):

1. Have you provided APIs and/or CSV files of every exchange used with reference to the attached instruction packet? If not, please elaborate. Specific instructions for Kucoin, Binance, OKX and other exchanges must be followed*

1. Are you unable to access or provide transaction history for any exchange or wallet? Yes or No? *Such as FTX or Cryptopia

1. Have you used decentralized exchanges (Uniswap, dYdX, 1inch…ect) if so, have you provided your wallet address and corresponding chains? (e.g. ETH, BSC, SOL…ect)

1. Have you used crypto wallet (such as Exodus, Ledger, Trezor) if so, have you provided exports for this with reference to the attached .pdf instructions?

1. Have you have used a collateral finance position or borrowed crypto (e.g. on Celsius, BlockFi) in any capacity? if yes, have you provided details of this?

1. Did you participate in any earning, staking, liquidity pools or interest-earning activity and if so, have you provided details of this?

1. Did you participate in any Futures trading or margin trading and if so, have you provided details of this?

1. Did you participate in any ICO’s, IDO’s, private sales of crypto (including gifts or purchases on behalf of another)? If so, we need to know specific information about each transaction (quantity of token purchased, quantity of token sold, date…ect)

1. Do you have any other income (apart from PAYE earnings) that needs to be included in your income tax return and have you provided details of this?

1. Please provide your phone number

2. Do you have any other information or comments that you think would make our job easier? This may include missing exchange information (no longer available), gifts of crypto, lost/stolen tokens, ICO’s, etc. We need to account for all tokens. If tokens are missing in your transaction history, or you have no records of the acquisition or disposal or tokens, this is likely to create time delays, issues in reconciling your portfolio, and potential for increased accounting fees.