📈Assets and Tax Lots

Track the purchase, sale, and cost basis of your cryptocurrency assets for tax purposes with Headquarters (HQ.xyz).

Assets

At Headquarters, we make it easy to automatically calculate your cost-basis and gains or losses. At the moment, we used the First-in-First-Out (FIFO) method.

Want to track an individual token’s details? Search for its name or ticker symbol on the asset page to locate it.

• Navigate to your Assets page

• In the search bar, type the token’s name or ticker symbol

• Alternatively, use our blockchain, current value, wallet, and asset type filters to narrow down your search

• If you have the same token on multiple blockchains, select the individual chain to get an in-depth overview

💡 HQ Tip: Use our range of filters at the top of the page to quickly identify your specific token or tax lot!

More cost-basis calculation methods coming soon!

Tax Lots

Tax lots allow you to strategically choose which lots to sell, thereby minimizing your tax liability. However, it may be difficult to determine tax lots with cryptocurrencies. Fret not, at Headquarters we help you to view your tax lots accurately. By selecting the right tax lots, you can optimise your capital gains or losses based on your tax strategy!

• Once you have located your asset, click the drop-down option and select a blockchain

• Filter through your tax lots via the Unused, Used, and All tabs

  • Unused: these tax lots are still part of the investor’s portfolio, and the relevant asset has yet to be sold or disposed of.

  • Used: these tax lots have been involved in outgoing transactions, and the relevant asset has been sold or disposed of.

  • All: Get an overview of all tax lots for a specific asset

• Filter by Wallet type at the top right of the page to get a more detailed overview of your tax lots