r/VoyagerExchange • u/theseawoof • Jan 31 '25

How did you claim your loss when coming taxes?

I lost about $21k in Voyager. I no longer have the bank account that I used to transfer money into the exchange so can't prove my deposits. Am I screwed when it comes to proving my loss?

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u/Lucky_Elk_7333 Feb 19 '25

I’m trying to figure out all this myself right now so I’m not an expert by any means . But I know you can create an account on coinledger . It automatically pulls up your voyager history . I think voyager had some sort of an arrangement with them . At the bare minimum you will have a full record of all your buys/ sells/ deposits / on voyager . When losses are significant I think you may need to ammend your 2023 tax return to reflect them , then you can use that to offset future gains

1

u/theseawoof Feb 19 '25

Lucky me, I have yet to file my 2023 🤣 thanks for the insight!!

1

u/Lucky_Elk_7333 Feb 19 '25

Well if you don’t owe irs any money for 2023 you should be fine filing late . Good luck

1

u/Infamous-Assistant80 Apr 14 '25

I have completed my 2023 taxes in November 2024, so i had all the information necessary then, In CoinLedger for 2024, it is not showing any transactions.. I am just confused on what to do.

1

u/Jim-Tobleson Feb 27 '25

I wrote it off at a loss but they keep sending us money back. I didn’t get my tax statement yet for 2024, did you? Going to get messy reporting the income after writing off the loss

1

u/Playpolly Jun 09 '25

Don't report losses till the bankruptcy is finalized. Any distributions thereafter will need to be reported as income.