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Replying to Avatar Tony Carrera

Great to confirm! As a user worried about tax events (yes, I report taxes).

Is strike the only app that does this? Asking because it would be great to use an app just for this purpose so it’s clear what the intent of the purchase was OR if strike supported multiple wallets within an account. For example, if you use strike to DCA but also spend/receive lightning, it would be great to have separate wallets in your account for reporting purposes and not commingling funds.

That way an account with wallet A exclusively for DCA and wallet B for fiat funded zaps/lightning purchases. Tax reports on the account would be nicely separated.

Possible yet or a work in progress nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 ?

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Chriso🇺🇸🇦🇺🦘⚡️ 1y ago

I wouldn’t be concerned thought. If anything, they would send you a 1099 showing cost and proceeds being essentially the same. This is what Strike does if you send another Strike user sats directly.

I did a test transaction last year and they actually reported a .02 proceeds with .03 cost. So they reported I had a .01 loss on the transaction.

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Tony Carrera 1y ago

Thanks for the info!

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