Ah, @new.things and I were just having this conversation a couple of nights ago and your name came up as one of the only other Aussies we know on here. Brad's trying to figure it out on his own (which is his M.O.) but I think I'm in the same boat as
@preparedwombat when they say:
Between Hive and Hive-Engine, there are dozens or hundreds of micro transactions every day. I’ve got no clue how I’d begin to comply.
If I ever get audited, the tax demons can figure it out and bill me.
But I do have a much smaller crypto portfolio than all three of you I'm willing to learn from anyone who knows more than me. I just hope it doesn't turn into mountains ("years") of work for any of us. If it does, maybe we need to have a Zoom crypto reconciliation party to keep each other company while we figure that ridiculousness out.
And I'm curious, how are you approaching this @riverflows? (If you're comfortable talking about it here. If not, please disregard, my love!)
RE: Reconciling little things - Crypto tax issues