Well, this made taxes easier! I was able to add my transactions and it showed the capital gains. Perfect!
Calculating capital gains and income for crypto-currencies is not always straightforward, especially when you have trades, spending, income, all from various exchanges, various wallets, in multiple currencies, and for multiple coins. You'll soon see a spreadsheet is not a viable option to keep track of all these cost basis, sale proceeds and gains.
BitcoinTaxes calculates all this for you. Just import your trades, spending and income directly into our website, and we'll crunch the numbers and work out the cost basis, capital gains and income. All that is left for you to do is to fill your 1040 Schedule D with this figures. Filing bitcoin taxes is suddenly not so overwhelming after all.