How to Connect Carbon Wallet with Koinly
Easily calculate your carbon wallet taxes and generate the correct tax reports to submit to your tax agency. Koinly fully supports Carbon Wallet and makes tax reporting a piece of cake.
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The first - and in most cases the only - step is to download all your transactions from Carbon Wallet and upload them to Koinly. There are a couple of ways you can do that:
- You should see a history export option in Carbon Wallet that will generate a CSV file containing your transaction history, just import that file into Koinly and you are ready to generate a tax document.
- If you would rather have Koinly sync your transaction data automatically, you can add separate Koinly-wallets for each of your cryptocurrencies ex Carbon Wallet BTC, Carbon Wallet ETH etc using our Blockchain integrations. Then, just add the public key or public address for each of your coins and let Koinly take care of the rest.
- If the above method(s) are not possible for you, you can even add the transactions manually through Koinly's web interface.
If you want to import CSV files, you have to make sure to import your deposits/withdrawals and trades for ALL previous years - not just the current one!
That's pretty much it. Don't forget to tag your airdrops/forks so they appear as Income on your final cryptocurrency tax forms!