Connect the records across platforms
The working file identifies owned wallets and exchanges, transaction dates and times, units, Canadian-dollar values and supporting exports. Transfers are matched across the accounts you control so the same movement is not treated as an unexplained acquisition on one platform and a sale on another.
Fees, rewards, staking, mining and other activity are identified separately. The distinction between business income and capital treatment depends on the facts. Complex arrangements and missing ownership information require additional review before a filing position is taken.
A transfer reconciliation example
Suppose a hypothetical Ottawa investor sends 1.2 units from an exchange to an owned wallet, which records 1.198 units received and a documented 0.002-unit fee. The schedule connects the two records and identifies the fee separately. It does not treat the receiving wallet’s full balance as a newly purchased asset.
Prepare evidence for the actual tax decision
We reconcile balances and retain the source used for Canadian-dollar values and cost calculations. A spreadsheet output or software report is checked against the underlying records, particularly when an exchange has closed or a transaction history is incomplete.
The agreed scope confirms whether the work includes records only or an appropriately reviewed tax return. No private key, seed phrase or trading credential is needed for the initial enquiry. You keep control of the assets while the record package identifies the questions that need a tax decision.
Questions about this work
Is a bank deposit enough to calculate a crypto gain?
No. The proceeds, relevant cost history, fees and transaction classification are needed. Earlier activity on other platforms may affect the calculation.
Can you use an export from my tax software?
Yes, as supporting material. We review its completeness and reconcile significant figures to exchange and wallet records.
Put this into practice
Sources and current guidance
A practical next step
Bring the records you have.
We can identify missing documents, agree on the scope and organize the next tax preparation step.
Request a tax review