My problem is the taxman likely sees Steem and SBD profits as wages, but since it's a cryptocurrency I need to declare both the amount I have received, and the price it was at the time I earned it.
STEEM
As you see the prices have fluctuated quite a bit during this year. When I first joined, in September I barely made any profits, or at least it was quantitatively in pennies (or cents). I also had a long hiatus during which I didn't have any income from Steem.
Anyway, I was wondering if there is a way to retrieve a CSV containing every received Steem and SBD, plus any transactions I've made to voting bots like @minnowbooster or @buildawhale to see if I can report them as tax-deductibles.
Steem Dollars [SBD]
Since SBD jumped, I haven't redeemed my rewards, and I will probably keep it that way until the year changes, because I don't want to add them to this year's income. I might get a strike on my (unemployment) allowance and could end up making paybacks, although I am already thinking I will not apply for them for this month.
It'd be nice if there was something like a python script I could use that would ask me my tax rate, country, and how to interpret any transaction. fetch the transactions from the blockchain, and then calculate my taxes for me. I might be willing to pay & vote on Steem for such a script, and I would be there are others who'd do the same.
I'm not good enough programmer (I know little to nothing of programming) to code something like that yet, but if it were Open Source, I could easily provide translations and maybe some day even partake in some of the coding.
Do you think something like it could be done?
Me too!
I think it could. In fact I created a GitHub page as a development space for such a script. If you know Python and want to help me with this one, please come and join the project! (If you want to be paid, I can pay you a few ethers to help kickstart the process. But I do suspect there are others who might want to chip in as well.)
Tell me what you think about this!
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