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.
API Import CSV File Import
Here's how it works
Getting your Compound taxes in order is pretty straightforward and all you need is your Ethereum address.
- Go to the Wallets page on Koinly
- Search for ETH
- Click on the "ETH & Tokens" wallet and select Setup auto-sync
- Enter your Ethereum public address and hit save
That's it! Koinly has historical prices for all Compound aTokens which and will use these to determine the correct cost-basis and ensure you don't overpay!