Sure it does. Anything under theinimum wouldn't be tracked whatsoever. Why would you keep track of a payment/sale that was under the minimum?
Much like the old rules on small contractors vendors under $600.
Long before the current PayPal/Venmo rules, you weren't required to report anything under $600. No 1099, nada.
because you need to keep track of which lots you still have and which lots you don't have anymore. tax software needs to keep track of the consumption of partial lots according to the FIFO method. even if you make a payment under $600 you still need to tell the tax software that this payment consumed all or some of specific lots, so that in case you make a larger payment later it doesn't try to consume those same lots a second time.
if you just completely neglect to track which lots are consumed by payments under $600 it becomes totally impossible to accurately assign lots to any future payments. it sounds more like you are searching for excuses to be lazy and just not track your capital gains and losses at all. it will be easier to take you seriously if you just come out and say that you know what the rules are and you refuse to follow them. it sounds more like you don't actually know what the rules are and you don't understand how to follow them either.
