Lately, I’ve been really annoyed by the tax declaration process.

I used to only focus on how gamma and vega move, but at the end of the year, I got caught off guard during reconciliation.
My simple method is to start keeping records now: export a monthly report of exchange transaction/deposit and withdrawal records,
use a few fixed on-chain addresses, and clearly note whether a transfer is for payment or cost collection when sending tokens.
For options with multiple legs, don’t wait until the end of the year to piece it together;
each time you close a position, just note a line: opening time, premium, fees, settlement currency, screenshots are fine,
as long as you can reconstruct the cash flow.

Recently, everyone compares RWA, US bond yields, and on-chain yield products together,
I also look at them, but the more I look, the more I realize that record-keeping is more important:
different sources of income may have completely different tax standards.
Honestly, don’t rely on memory at the end of the year; just keep your brain focused on volatility,
let the spreadsheets handle the transaction records.
That’s it for now.