Generating Your Midas Wallet Tax Documents
Quickly calculate your midas wallet taxes and create the right tax reports to submit to your tax agency. Koinly fully supports Midas Wallet and makes your tax reporting a walk in the park.
How does it work?
The first step is to download all your transactions from Midas Wallet and upload them into Koinly. There are a few ways you can do this:
- You should see a history export option in Midas Wallet that will create a CSV file containing your transaction history, simply import it into Koinly and you are ready to create your tax document.
- If you prefer to have Koinly import your data automatically, you can create separate Koinly-wallets for each of your coins ex Midas Wallet BTC, Midas Wallet ETH etc using our Blockchain integrations. After that, simply add the public key or public address for each of the coins and let Koinly handle the rest.
- If the above method(s) are not possible for you, you can also add the transactions manually via Koinly's web interface.
If you decide to import CSV files, you need to make sure to import your deposits/withdrawals and trades for ALL years and not just the current one!
That's pretty much it. Don't forget to tag your airdrops/forks so they show up as Income on your generated crypto tax documents!