cost-basis-engine

Crypto cost basis is calculated by matching acquisition costs to sales using accounting methods like FIFO, LIFO, HIFO, Average Cost, or Specific Identification to determine realized gains and estimated tax liabilities.

FIFO sells oldest assets first, LIFO sells newest first, and HIFO sells highest-priced assets first, directly impacting realized gains and estimated tax liabilities for your crypto trades.

Airdrops and staking rewards are treated as complex events with specific cost basis rules, ensuring accurate gain calculations when processing partial sells or multi-hop transactions alongside standard trades.

Yes, comparative analysis evaluates realized gains and estimated tax liabilities across FIFO, LIFO, HIFO, Specific Identification, and Average Cost methods to help you choose the most advantageous reporting approach.

Multi-hop transactions are processed as complex events, accurately tracking token swaps and LP entry/exit to establish precise cost basis and realized gains across the entire transaction chain.