
For this person, tax season is hell on earth. They try to connect their complex DeFi transaction history (consisting of staking, LP tokens, farming, borrowing) to a crypto tax reporting application (such as Koinly or CoinTracking). The result? "Error: 4,500 transactions have no cost basis". They have to spend weeks manually editing last year's petty transaction data one by one just to keep their tax reports out of the red, while cursing themselves for doing 100 transactions a day back then.
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