Purchases of an ICO need to be added into the application to give you accurate tax information.

Buying into an ICO is essentially the same as making a cryptocurrency trade through an exchange where you are trading one coin for another. Therefore, you should add these transactions into our generic CSV template and upload them into step 2 of the app.

For example, lets say I sent 5 ETH to a wallet address and in turn received 2,000 JTP coins for their ICO.

I would add this into the generic CSV template as 5 ETH as the coin traded and 2,000 JTP as the coin received. 

I can put N/A for the exchange as I didn't go through a cryptocurrency exchange for this transaction.

Did this answer your question?