Coinledger is just too frustrating
Since their chat is so slow, sometimes it can take a day to respond, and I would ask a few questions to save time, they would answer 1 of them.
Anyway, I have to manually create a sell of all the coins in Celsius wallet to see the cost basis it uses. Fine. I transferred it to Paypal because it was "returned" to Paypal. Cost basis remains the same. GOOD. Now when I test sell on Paypal for the same amount of coin, the cost basis changed. What?!!?
In trying to simplify or understand their bankruptcy liquidation/recovery, I "sold" all the BTC in Celsius wallet (with set price of $19881.00134) then created a "buy" of the returned amount in 1/16/2024 and set the price of the distribution value ($42972.9948). If I then sell the returned amount of coin, the cost basis it applies is not even close to $42K. Is it gathering the cost basis of all the wallets? It shouldn't right? Especially when the setting is per wallet.
It's a big hold up after another. Bankruptcy liquidation won't let you put $0 because it confuses the software or something so I'd just put .01 USD to make it ok.
It's so hard to wrap my head around the software. I get the big picture of my cost basis, claim value and etc. Just inputting into the software and what shows up is so odd.
***UPDATE: I changed the "buy" of returned amount to 2025 with the set price, and the sell now is correct. I guess the per wallet is not mandatory until 2025. I should just leave the original transaction of 1/16/2024 alone since the inputted numbers are right?
Which means when I "sold all" to get my cost basis (as was told by their support last year) for a coin in Celsius wallet for the Excel calculation, it's technically NOT the right one since it's 2024 and it could be some average of cost across all wallets?