https://github.com/elsehow/tendermint-tax
Compute the fair market value (FMV) of staking rewards at time of receipt.
https://github.com/elsehow/tendermint-tax
Last synced: about 1 month ago
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Compute the fair market value (FMV) of staking rewards at time of receipt.
- Host: GitHub
- URL: https://github.com/elsehow/tendermint-tax
- Owner: elsehow
- Created: 2021-12-30T18:41:37.000Z (over 3 years ago)
- Default Branch: main
- Last Pushed: 2022-12-07T19:45:39.000Z (over 2 years ago)
- Last Synced: 2024-04-15T07:13:52.843Z (about 1 year ago)
- Language: Python
- Size: 143 KB
- Stars: 5
- Watchers: 3
- Forks: 2
- Open Issues: 6
-
Metadata Files:
- Readme: README.md
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README
# tendermint-tax
A tool to help calculate the tax liability of staking rewards on Tendermint chains.
Specifically, this tool calculates the fair market value (FMV) of staking
rewards at time of receipt - that is, the time that you claimed the reward. It
does the same for other inflows and outflows of tokens, like sending tokens to a
friend.
# WARNING
### This software might not work
THIS IS A WORK IN PROGRESS. This is experimental software. No one else has looked at it yet. Use at your own risk.
### And even if it does work...
This a tool I use to help my CPA.
This is not tax advice. I am not a CPA.
Use at your own risk.
You have been warned.
# Install
``` sh
# clone this repo
git clone [email protected]:elsehow/tendermint-tax
cd tendermint-tax
# create a python virtual machine
python3 -m venv venv
source venv/bin/activate
# install the dependences
pip3 install -r requirements.txt
```
# Use
This command will get the FMV at time of reciept for
the address `juno175q6smvgnuec5e62rs4chnu5cs8d98q2xgf4rx`
for financial year Jan 1, 2021 - Dec 31, 2021, saving the resulting file as `juno.csv`:
```
# make sure virtual machine is active
source venv/bin/activate
# run tendermint-tax
python3 tendermint-tax.py --chain juno --address juno175q6smvgnuec5e62rs4chnu5cs8d98q2xgf4rx --ticker JUNO --fystart "2021-01-01" --fyend "2021-12-31" --outfile "juno.csv" -v
```
See detailed help on all arguments with `python3 tendermint-tax.py --help`.
# Did this tool help you?
Did this tool save you time or money? Delegate with me!
Stake with me:
- Juno - [elsehow](https://www.mintscan.io/juno/validators/junovaloper175q6smvgnuec5e62rs4chnu5cs8d98q2e4l6cl) `junovaloper175q6smvgnuec5e62rs4chnu5cs8d98q2e4l6cl`
- Stargaze - [elsehow](https://www.mintscan.io/stargaze/validators/starsvaloper1hvw778wslvyxh6mmv3sy96mwnaw80elmrswc6h) `starsvaloper1hvw778wslvyxh6mmv3sy96mwnaw80elmrswc6h`
- Oasis - [Daylight Network](https://www.oasisscan.com/validators/detail/oasis1qra3rvq7y055waxmnx8rc0nad3frr8na2s9l8l3f) `oasis1qra3rvq7y055waxmnx8rc0nad3frr8na2s9l8l3f`
Or pay what you think is fair:
- Cosmos - `cosmos175q6smvgnuec5e62rs4chnu5cs8d98q2s62wy6`
- Osmosis - `osmo175q6smvgnuec5e62rs4chnu5cs8d98q2cpe7jg`
- Akash - `akash175q6smvgnuec5e62rs4chnu5cs8d98q2ap8faq`
- Regen - `regen175q6smvgnuec5e62rs4chnu5cs8d98q20cpjj7`
# License
BSD-3