Hello to the community!
We've just released a beta of the secretnodes.com tax reporting feature. With this feature you will be able to see a "Tax Report" for any account simply by clicking the "Tax Report" button on any account page on secretnodes.com, just search your address and try!
How does it work? Tax Reports show the following information:
- Input (or) Output tag.
- Transaction Type (computation, Rewards(commissions are bunched with rewards currently), normal)
- Amount USD = SCRT sent or received multiplied by the closing price of SCRT for the block the transaction was confirmed in.
- Option to export CSV for full account history.
NOTE: Please seek advice from a tax professional when doing your taxes. None of the information we provide should be viewed as tax advice and the IRS has not released any staking specific guidance. Also note this feature is still in beta!
NOTE 2: We currently have no price information for SCRT prior to October 1st 2020. You can make your own determination for how to handle transactions older than that.
What's next for secretnodes.com?
We have been working hard on building a privacy-focused Swiss army knife for secretnodes.com v2, which will be a total refresh of the UI/UX we currently have, including several new features as well as a few major functionality additions. As we approach the v2 launch we will be sharing teasers of the new features as well as share a post detailing everything upon release.
Stay tuned for more, and keep in touch on Twitter! https://twitter.com/secretnodes
~ Ian Dixon, CEO and cofounder & Jacob Jackson, CTO and cofounder, Secret LLC (secretnodes.org, secretnodes.com)