Coinbase Fixing 'Missing Cost Basis' Issue Affecting Some Users

Many users of Coinbase's trading platform have been experiencing an issue known as 'missing cost basis,' where their cryptocurrency transactions are not accurately reflecting the original purchase price. This problem can lead to inaccurate tax calculations and potentially costly mistakes when filing tax returns.

The issue appears to be affecting a number of users, with some reporting that their cost basis is being reported as zero or incorrect. Coinbase has acknowledged the problem and is working to resolve it as quickly as possible.

Users who are experiencing this issue can contact Coinbase's support team for assistance in resolving the problem. It's recommended that users keep a record of their original purchase price, including any receipts or documents that may be required for tax purposes.