Preparing Your Compound Taxes

Koinly integrates with Compound to make it easy to generate tax reports for any interest you have earnt with the aTokens.

Last updated: Monday, 23 January 2023

Here's how it works

Getting your Compound taxes in order is pretty straightforward and all you need is your Ethereum address.

  1. Go to the Wallets page on Koinly
  2. Search for ETH
  3. Click on the "ETH & Tokens" wallet and select Setup auto-sync
  4. Enter your Ethereum public address and hit save

That's it! Koinly has historical prices for all Compound cTokens which and will use these to determine the correct cost-basis and ensure you don't overpay!