How to do your Kite AI taxes with Koinly
Kite AI is Layer-1, EVM compatible blockchain, designed for autonomous AI agents to pay, earn, and interact with services independently.
If you're using Kite AI, chances are you have a tax bill. By importing your Kite AI transaction history to Koinly, it can calculate your crypto taxes. Here's how.
Follow these steps to sync your Kite AI data automatically to Koinly:
- Open your Kite AI wallet app
- Locate and copy your public address or key
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find Kite AI in the list
- Select API > Paste the public address/key 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!
- Head over to our help center
- Hit up our discussion boards - we might have already answered your question
- Ask us on social media - we're on Twitter and Reddit
- Contact us on email or live chat
- Got a feature request? Give us feedback on Canny
FAQs
What is Kite AI?
Kite AI is a Layer-1 blockchain built specifically for AI agents. It is powered by Proof of Artificial Intelligence (PoAI) and built for machine-to-machine commerce. It provides a cryptographic identity to AI agents to build a reputation and allows them to pay, earn, and interact with the service independently.
Is Kite AI safe?
Kite AI is considered relatively safe, with multi-layered protection and employing third-party security firms (such as Halborn) for smart contract and protocol audits. However, it's always best to do your own research regarding security practices to keep your data as safe as possible.
Does Kite AI provide tax documents?
No, Kite AI doesn't provide tax documents. If you need tax reports, you can import your Kite AI transaction data into Koinly. It will calculate your gains, losses, and income, and then you can generate complete tax reports.
