*I hope it’s OK for me to post this question here, I searched and couldn’t find any related discussion. Hopefully this thread helps someone else in the future as well.*

I’m filling my Polish taxes for 2021, and I’m having trouble understanding how to fill section E for fields (35) “Koszty uzyskania przychodów poniesione w roku podatkowym”, and (36) “Koszty uzyskania przychodów poniesione w latach ubiegłych i niepotrącone w poprzednim roku podatkowym”.

Example:

1. In 2020, bought PLN 15,000 of Crypto (but I did not sell any crypto in this year).
2. In 2021, sold Crypto to the sum of PLN 50,000 (gains – losses), which included Crypto bought in 2021 at a cost of PLN 13,000.
3. In 2021, I then bought an additional PLN 41,000 of Crypto which I DID NOT sell.

Consider these options. How would I enter the info into the Fields in section E?

1. (34) 50 000 (35) 28 000 (36) 0
2. or, (34) 50 000 (35) 13 000 (36) 15 000…?
3. or, (34) 50 000 (35) 54 000 (36) 15 000…? (2021 purchases: 54,000 = 13,000 + 41,000)

I used Koinly.io to generate my crypto tax report, and it calculated the results as e.g.:

* Capital Gains Summary:
* Proceeds from sales: PLN 50,000
* Acquisition costs: PLN 28,000
* Net gains: PLN 22,000

So Koinly doesn’t specifically break-down which year the crypto was acquired.

Not sure how to fill this out 🤷‍♂️

**\[Edit\]** The Information Brochure for PIT-38 (2021) reads:

>**W poz. 35** należy wykazać koszty uzyskania przychodów poniesione w 2021 r.
>
>**Uwaga!** Zgodnie art. 22 ust. 14 ustawy koszty uzyskania przychodów z tytułu odpłatnego zbycia waluty wirtualnej stanowią udokumentowane wydatki bezpośrednio poniesione na nabycie waluty wirtualnej oraz koszty związane ze zbyciem waluty wirtualnej, w tym udokumentowane wydatki poniesione na rzecz podmiotów, o których mowa w art. 2 ust. 1 pkt 12 ustawy z dnia 1 marca 2018 r. o przeciwdziałaniu praniu pieniędzy oraz finansowaniu terroryzmu.
>
>**W poz. 36** należy wykazać kwotę z poz. 38 zeznania PIT-38 złożonego za 2020 r. – koszty uzyskania przychodów, o których mowa w art. 22 ust. 14 ustawy poniesione w latach ubiegłych i nieodliczone od przychodów uzyskanych przed dniem 1 stycznia 2021 r.

The “Uwaga” section seems to suggest only the Costs associated with Revenue need to be listed (so Crypto that is not sold at the end of 2021 does not need to be included as a Cost, because it had no impact on this year’s Revenue).

But on this website: [https://www.e-pity.pl/podatek-pit-od-kryptowalut/](https://www.e-pity.pl/podatek-pit-od-kryptowalut/)

They show:

>*Example*
>
>*A taxpayer purchased BitCoin for PLN 30,000 in July, and sold Ethereum for PLN 20,000 in August.* *In 2021, in Pit-38, the taxpayer shows PLN 10,000 of excess costs over revenues to be transferred to the following years.*

So the Bitcoin was bought but not sold in 2021, but it is still being listed as a Cost in field (35).

It seems like conflicting information…?

3 comments

  1. You have tax obligation the moment you make profit or loss, so the moment you sell what you bought, whether with profit or loss. The general consesus is that transactions are done FIFO, so you sell the oldest positions in case you have several.

    Therefore, you take all the transactions in which you earned money in 2021, and those are your gains. Then based on your oldest positions you check how much you paid, and those are your costs. The difference is your gain or loss. If that’s a loss, you can use it for “losses made in previous years” in the next year, but you have to fill PIT this year nonetheless. If you have a gain, 19% of that you have to pay as a tax. The year of when you obtained an asset doesn’t matter, only the actual price you bought it at, as that one determines the cost. The tax obligation always happens when you finish the transaction, so when you have both the amount you bought something for, and the amount you sold something for. PIT covers only those that happened in the previous year.

    Therefore, koinly seems right to me based on info you posted.

    I’m not tax advisor and this is not a tax advice.

  2. > It seems like conflicting information…?

    This line is relevant for you: **Koszty uzyskania przychodów są potrącane w tym roku podatkowym, w którym zostały poniesione.** = The expenses are deducted in the year they were incurred. If your expenses are greater than your capital gains, THEN you get to deduct the excess from that in the next fiscal year.

    > In 2020, bought PLN 15,000 of Crypto (but I did not sell any crypto in this year).

    But did you declare the 15000 expense?

    > Consider these options. How would I enter the info into the Fields in section E?

    > 3 . or, (34) 50 000 (35) 54 000 (36) 15 000…? (2021 purchases: 54,000 = 13,000 + 41,000)

    That’s the closest, I think, which leaves you with 0 to enter in (37) and a carryover of 19000 to enter in (38) so that you can deduct it the next year. (36) is not **undeclared** but **undeducted** expenses from last year.

    You might want to check this as well: https://www.podatki.gov.pl/media/7712/broszura-pit-38-za-2021r.pdf

  3. I used the government portal for this. In one field I put all the purchases from 2021 (35c on the PIT form that was generated by the portal), in another all the income (34b). I mostly bought, and sold only once for like 500 pln so I got like 10.5k of costs (field 38f) that I will be able to deduct in next years. Hope I got it right.

Leave a Reply