Generating Your Coinrate Tax Reports
Easily calculate your coinrate taxes and generate the right tax reports to send to your tax agency. Koinly integrates with Coinrate and makes your tax reporting a walk in the park.
Here's what you should do
The first - and in most cases the only - step is to download all your data from coinrate and upload them into Koinly. There are a few ways you can do that:
- Coinrate does not have an API so you will need to download your CSV files from their web interface and import them to Koinly manually.
- If the above method(s) are not possible for you, you can also add the transactions manually through 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 it. The only other thing to keep in mind is to tag your airdrops/forks so they show up as Income on your generated cryptocurrency tax reports!