To be a part of the Cost Basis Interchange, you must set up an integration with the TaxBit API. This guide will serve as a reference to the Cost Basis Interchange's requirements.
Cost Basis Interchange requires details about crypto transfer transactions between accounts. Transfers are
deposit types with a subtype of
blockchain and an asset type of
crypto. You must create a Platform object with the
to_addresses for these transactions. The Transaction Insertion Data Model is the format TaxBit expects you to use for transactional data.
Each transaction is associated with a User
UUID, representing who executed the transaction (see Create TaxBit User). Cost Basis Interchange leverages a user's
tax_id_type values to ensure matches across transfers. Therefore, these fields must exist on the User object for TaxBit to match transfer transactions.
Updated 12 months ago