Loading
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
Chris19671(Newbie)Newbie
5 May 2024

Over the past few months I have traded crypto using MEXC exchange and funded that account via coin spot for deposits and 1 withdrawal. I have had a considerable amount of losses. Going by my deposits on coinspot I am quite a few thousand in the negative. So zero captital gains to report. I have to do a non lodgement tax return this financial year as I am not working and only traded crypto. I have just found out MEXC will only give you the last 3 months trading transactions. I was unaware of this. How am I supposed to work out my losses? As I am aware I have to put these on my return. I Can get all coinspot transactions it is MEXC that only gives 3 months.

any advice greatly appreciated

chris

1,544 views
3 replies
1,544 views
3 replies

Most helpful response

All replies

Most helpful reply

AriATO(Community Support)Community Support
10 May 2024

Hi @Chris19671


We can only recommend using other documents if you can to work it out.


Are you trading as a business or investor? Have a read of our info about Crypto and your taxes first and you'd need to get tailored technical assistance from us to work out what you can do if you have no records.

Wikinson(I'm new)I'm new
1 Nov 2024

What other documents? This is a huge problem and there is potentially no way to access the transactions..

AnitaATO(Community Support)Community Support
5 Nov 2024

Hi @Wikinson,


Other documents can be things like statements of the account. As @AriATO has mentioned if you don't have anything you can use, you'll need to get tailored technical assistance. They can tell you what you'll need to do.

Loading
Crypto tax transactions | ATO Community