HOW IT WORKS

Trading Bot → AgentTax → Tax Report

Your bot trades. We track cost basis, calculate gains, and generate tax reports. One API call per trade.

🤖

1. Agent Executes Trade

On exchange or marketplace

Your trading bot buys or sells an asset on any exchange — Coinbase, Binance, a decentralized exchange, or an AI compute marketplace. The trade executes normally.

BUY 5 ETH @ $3,245.00

Exchange: Coinbase
Asset: ETH
Type: BUY
Quantity: 5.0
Price: $3,245.00
Total: $16,225.00

📡

2. Log Trade to AgentTax

POST /api/v1/trades

After execution, your bot sends the trade details to AgentTax via API. One simple POST request. AgentTax records the trade and creates cost basis lots for buys.

API REQUEST

POST /api/v1/trades
{
  "asset_symbol": "ETH",
  "trade_type": "buy",
  "quantity": 5.0,
  "price_per_unit": 3245.00,
  "trade_date": "2026-02-27T14:30:00Z",
  "exchange": "coinbase",
  "counterparty": "market"
}

🧮

3. Cost Basis Tracking

FIFO / LIFO / Specific ID

AgentTax creates a cost basis lot for every buy. When you sell, it matches against existing lots using your chosen accounting method (FIFO by default). Each lot tracks: quantity remaining, cost per unit, and acquisition date.

COST BASIS LOTS

LOT #1: 8.0 ETH @ $3,105 (Feb 18)
LOT #2: 5.0 ETH @ $3,245 (Feb 27)
────────────────────────
Total: 13.0 ETH
Avg Cost: $3,159.23
Method: FIFO

💰

4. Sell → Realize Gain/Loss

Automatic P&L calculation

When your bot sells, AgentTax automatically matches the sale against cost basis lots and calculates the realized gain or loss. It determines short-term vs long-term based on holding period (< or ≥ 366 days).

SELL 3 ETH @ $3,380.00

Proceeds: $10,140.00
Cost Basis: $9,315.00 (3 ETH from LOT #1)
─────────────────────
Gain: +$825.00
Holding: 9 days
Term: SHORT-TERM
Tax Rate: Ordinary income

📊

5. Live Price Updates

Unrealized P&L via CoinGecko

AgentTax fetches current market prices from CoinGecko's free API to calculate unrealized gains on your open positions. Non-crypto assets (compute credits, data tokens) use the last trade price.

OPEN POSITIONS

ETH:  10.0 @ avg $3,155
       Now: $3,245 → +$900 unrealized
BTC:  0.25 @ avg $82,100
       Now: $84,200 → +$525 unrealized
─────────────────────
Prices via CoinGecko API

🧾

6. Tax Report Generation

Form 8949 / Schedule D ready

At any time, export a complete tax report. AgentTax separates short-term and long-term gains, calculates estimated tax liability, tracks the $3,000 capital loss deduction, and generates Form 8949-compatible CSV.

2026 TAX SUMMARY

Short-Term Gains: +$2,917.50
  (8 trades, taxed as income)
Long-Term Gains:  +$925.00
  (3 trades, 15% rate)
─────────────────────
Net Realized: +$3,842.50
Est. Tax: ~$1,072.35
Export: CSV (Form 8949)

Ready to track your trades?

Free tier: 500 trades/month · No credit card required

Market prices powered by CoinGecko API · Cost basis methods: FIFO, LIFO, Specific ID