This is the 2nd year in a row I’ve gone with Koinly.
Koinly calculates crypto gains and income. It includes staking and forks and airdrops and fees and profit and loss… all the requirements of my soon to be completed 2021 Tax Return.
The way it works is this:
You can share your Public Keys from all your different wallets and exchanges with Koinly and it will pull all the transaction data together. This includes cross-wallet activity. You can also upload exported .CSV files.
The app is pretty good at highlighting any potential issues (filtering by highest gains for example), and providing general troubles hooting.
Of course you can (and should) go back and check the data make and sure that everything looks ok Adjust things manually as needed. Once you’ve got everything set up (about 30 min) you’ll be able to create a detailed tax report summary (PDF) that you can use to fill in your tax return with.
I definitely recommend it if you don’t have an accountant already.
(We have until May 2nd btw)
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