Hi, I think you're missing the expenses account for taxes. What you move to liabilities should be balanced by a tax expenses account.
Regards, Patrick On June 19, 2021 12:57:20 PM GMT+02:00, Peter <[email protected]> wrote: >Hi, > >How do I book taxes that have to be paid due to capital income, but will >only be due in the future? > >Let's take this posting as an example: > >``` >2021-06-18 * "" "Harvesting farmed crypto" > Assets:Crypto:Wallet:Polygon:Ledger-X:Staking:VERT 0.675055007246049347 >VERT {42.138 USD} @ 42.138 USD > Income:Crypto:Farming:Polygon:VERT >``` > >This makes me 28.45 USD in capital gains. I'd probably have to pay a >whopping 42% in taxes. That equals to 11.95 USD. I'd like to keep track of >the amount of taxes which will be due at the end of the year—to avoid a bad >surprise. How do I do that? >I tried: > >``` >2021-06-18 * "" "Harvesting farmed crypto" > >Assets:Crypto:Wallet:Polygon:Ledger-X:Staking:VERT 0.675055007246049347 VERT >{42.138 USD} @ 42.138 USD > Liablities:Taxes:Crypto -11.95 USD > Income:Crypto:Farming:Polygon:VERT >``` > >But bean-doctor tells me that just 16.50 USD get booked into the income >account. This seems wrong to me from a bookkeeping point of view, because >the income is still 28.45. How do I book that correctly? > >-- >You received this message because you are subscribed to the Google Groups >"Beancount" group. >To unsubscribe from this group and stop receiving emails from it, send an >email to [email protected]. >To view this discussion on the web visit >https://groups.google.com/d/msgid/beancount/97393894-e2cd-4efd-836c-124ccbcbe27en%40googlegroups.com. -- You received this message because you are subscribed to the Google Groups "Beancount" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/beancount/A2B36A84-237D-46D3-80E0-F97CDF4B68E0%40ch.tario.org.
