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Crypto tax reports in under 20 minutes

Koinly calculates your cryptocurrency taxes and helps you reduce them for next year. Simple & Reliabl.

  • Available in 20+ countries
  • Free report preview
  • Form 8949, Turbotax


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      Does Koinly report to IRS?
      US citizens have to report their crypto capital gains on Form 8949 and Schedule D. Koinly generates a ready-to-file Form 8949 with your trading activity and gives you the numbers to put on Schedule D.
      Is Koinly free to use?
      Can I try for free? Yes! We have a never-ending free trial that you can use to try Koinly. You only need to purchase a plan to download your tax reports.
      Is Koinly good for Australia?
      Easily import your trading history
      Koinly can pull data automatically from Australian exchanges like Coinspot, Coinjar and Independent Reserve. DeFi, Margin trades & Futures. Whether you are staking on Kraken, lending on Nexo or going long on BitMEX. Koinly can handle it all.
      Is crypto taxable in Canada?
      The CRA does tax most cryptocurrency transactions. Canadians do not have to pay taxes for buying or holding cryptocurrency. Taxpayers are subject to pay capital gains or business income tax after selling or mining cryptocurrency.
      What happens if you don't report cryptocurrency on taxes?
      If you don't report taxable crypto activity and face an IRS audit, you may incur interest, penalties or even criminal charges. It may be considered tax evasion or fraud, said David Canedo, a Milwaukee-based CPA and tax specialist product manager at Accointing, a crypto tracking and tax reporting tool.
      Do I have to report crypto on taxes if I lost money?
      Claiming crypto losses on taxes is important — for two primary reasons: The IRS requires that you report all sales of crypto, as it considers cryptocurrencies property. You can use crypto losses to either offset capital losses (including future capital losses if applicable) or to deduct up to $3k from your income.
      Is crypto trader tax safe?
      Yes, crypto to crypto trades is taxed. Since you are typically either earning or losing on these sales, you need to keep track of them and report them to the IRS through form 8949