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What are bitcoin sale history reports?

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Article Summary

This article explains River's bitcoin sale history report, how to read and find it, custom report options, and differences from tax documents.

Your bitcoin sale history is a detailed record of bitcoin sold from your River account. Each row included in this document represents a bitcoin sale completed in your account and shows the amount sold, execution price, proceeds received, and any realized gain or loss if cost basis is known.

This document can help you view gains or losses from bitcoin sales, support bookkeeping and reconciliation workflows, and provide documentation of your sale activity.

You will automatically have a PDF version of this document generated monthly. You will need to manually generate a CSV format.

Please note that your bitcoin sale history does not include any disposed bitcoin through administrative actions (for example, to resolve a failed transaction from a linked bank account).

How do I read my bitcoin sale history report?

To follow along, please see this example below: 

  • Image 1 of 1

Above images are for demonstrative purposes only. 
 

Each row in your bitcoin sale history represents a completed bitcoin sale in your account during the document's period.

Label

 Field Description

1

 Account details Account details include the account holder and related account information.

2

 Date sold This is the date and time the bitcoin sale was completed. All timestamps are shown in Coordinated Universal Time, or UTC.

3

 Amount sold The amount of bitcoin sold in the transaction.

4

 Bitcoin price The price of bitcoin at which the sale was executed.

5

 Sale proceeds The total proceeds received from the sale, net of River fees. Sale proceeds are calculated as: (bitcoin sold × execution price) − River fees

6

 Cost basis
The cost basis of the bitcoin sold will be displayed when available:
  • If you purchased bitcoin on River, the cost basis information will appear automatically.
    • If you received bitcoin into your River account and manually entered cost basis information on your “Performance” page, your cost basis will be displayed and noted that it was manually entered.
  • If you received bitcoin into your River account and did not manually enter the cost basis information on your “Performance” page, the cost basis will be “Unknown.”
    • For more information on how to add cost basis information to any received bitcoin lots, please see this Help Center article.

7

 Gain/loss The realized gain or loss will be calculated only for rows where the cost basis information is known.

Where can I find my bitcoin sale history report?

You will automatically have a PDF version of this document generated monthly. You will need to manually generate a CSV format from your "Taxes & Documents" section on river.com.

Is my bitcoin sale history report an official tax document?

No. Your bitcoin sale history report is not a substitute for official tax forms such as a 1099-DA. This is not a tax document and should not be used as a substitute for IRS forms such as Form 1099-DA. For tax filing, River recommends consulting a tax professional.

What time period does the report cover?

Monthly bitcoin sale history reports cover 12:00 AM UTC on the first day of the month through 11:59 PM UTC on the last day of the month. Only completed sales are included.

Can I generate a custom bitcoin sale history report?

Yes. You can generate a custom bitcoin sale history PDF or CSV for a selected date range. Custom reports are limited to a maximum range of 1 year.

Can I download my bitcoin sale history report as a CSV file?

Yes. You can download a CSV format from your "Taxes & Documents" section on river.com.

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