How to File Your Firi Taxes with Koinly
How to do your Firi taxes with Koinly
Firi is a Nordic crypto exchange operating in Norway and Denmark, where more than 160,000 investors can buy and sell crypto including BTC, ETH & ADA. Whatever your investments and whether you live in Norway or Denmark, Koinly can help you calculate your taxes and report them to the Skatteetaten or Skattestyrelsen.
Follow these steps to sync your Firi data automatically to Koinly:
- Log in to Firi.
- Go to settings.
- Select API.
- Select create a new key.
- Copy your API key and paste it into the field in Koinly.
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find Firi in the list
- Select API > Paste the API keys you copied above in the appropriate box
- Hit Import and wait for Koinly to sync your data. This can take a few minutes
- Review your transactions on the Transactions page to ensure everything is tagged correctly and no missing data
- Go to the Tax Reports page to view your tax liability!
How do I file my Firi taxes?
You'll need to calculate and report any income or capital gains you made with your tax office. For most people, this happens as part of your annual tax return. You can learn more about crypto tax where you live in our guides.
There are a couple of ways you can do this - do it yourself, by identifying your taxable transactions, calculating your net capital gain or loss, and the fair market value of any crypto income.
Or, use a crypto tax calculator like Koinly to easily calculate your taxable income for you, and generate your crypto tax report, ready to file with your tax office.
Koinly works by importing your crypto transaction data to analyze what's taxable, and what's not.
Koinly lets you manage all your crypto transactions - from all the blockchains, wallets, and exchanges you use - from one single platform, making crypto tax simple.
Your frequently asked questions
Does Firi provide tax documents?
No. Firi does not provide users with tax documents, but you can use a crypto tax calculator like Koinly to generate your Firi tax documents. Just connect using API or by uploading a CSV file of your transaction history.
How do I get tax reports and forms from Firi?
The easiest way to get your Firi tax report is to connect to crypto tax software. With Koinly, you can connect using API and get your transaction data in minutes. Koinly can then generate your crypto tax reports including the Skattestyrelsen Fortjeneste & Skatteetaten RF1159 forms.
Does Firi provide financial or end of year statements?
No. Firi only provides users with a CSV file of their transaction history, which you can use for tax reporting purposes.