Skip to content

Commit

Permalink
Update user_faq.md
Browse files Browse the repository at this point in the history
  • Loading branch information
eprbell authored Mar 22, 2024
1 parent 3d43e7c commit 4bad18e
Showing 1 changed file with 1 addition and 1 deletion.
2 changes: 1 addition & 1 deletion docs/user_faq.md
Original file line number Diff line number Diff line change
Expand Up @@ -86,7 +86,7 @@ The user adds the tokens to the `assets` field of the [config file](input_files.

### What Accounting Methods Are Supported?
RP2 currently supports the following accounting methods:
* US: [FIFO](https://www.investopedia.com/terms/f/fifo.asp), [LIFO](https://www.investopedia.com/terms/l/lifo.asp) and [HIFO](https://www.investopedia.com/terms/h/hifo.asp). Note that these methods use universal application (not per-wallet application), as explained here: https://www.forbes.com/sites/shehanchandrasekera/2020/09/17/what-crypto-taxpayers-need-to-know-about-fifo-lifo-hifo-specific-id/;
* US: [FIFO](https://www.investopedia.com/terms/f/fifo.asp), [LIFO](https://www.investopedia.com/terms/l/lifo.asp) and [HIFO](https://www.investopedia.com/terms/h/hifo.asp). Note that these methods use universal application (not per-wallet application), as explained [here](https://www.forbes.com/sites/shehanchandrasekera/2020/09/17/what-crypto-taxpayers-need-to-know-about-fifo-lifo-hifo-specific-id/);
* Spain: FIFO;
* Japan: Total Average Method.

Expand Down

0 comments on commit 4bad18e

Please sign in to comment.