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
# 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 --rpc https://rpc-juno.itastakers.com --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
junovaloper175q6smvgnuec5e62rs4chnu5cs8d98q2e4l6cl - Stargaze – elsehow
starsvaloper1hvw778wslvyxh6mmv3sy96mwnaw80elmrswc6h - Oasis – Daylight Network
oasis1qra3rvq7y055waxmnx8rc0nad3frr8na2s9l8l3f
Or pay what you think is fair:
- Cosmos –
cosmos175q6smvgnuec5e62rs4chnu5cs8d98q2s62wy6 - Osmosis –
osmo175q6smvgnuec5e62rs4chnu5cs8d98q2cpe7jg - Akash –
akash175q6smvgnuec5e62rs4chnu5cs8d98q2ap8faq - Regen –
regen175q6smvgnuec5e62rs4chnu5cs8d98q20cpjj7
License
BSD-3
