How to File Your Cardano (ADA) Taxes with Koinly

How to do your Cardano (ADA) taxes with Koinly

Are you investing in ADA? Whether you're trading, staking or farming ADA, it's incredibly easy to do your Cardano crypto taxes with Koinly.

CSV

Follow these steps to sync your Cardano (ADA) data automatically to Koinly:

  1. Open your Cardano (ADA) wallet app
  2. Locate and copy your public address or key

On Koinly:

  1. Create a free account on Koinly
  2. Complete onboarding until you get to the Wallets page and find Cardano (ADA) in the list
  3. Select API > Paste the public address/key you copied above in the appropriate box
  4. Hit Import and wait for Koinly to sync your data. This can take a few minutes
  5. Review your transactions on the Transactions page to ensure everything is tagged correctly and no missing data
  6. Go to the Tax Reports page to view your tax liability!
Having trouble connecting Cardano (ADA) with Koinly?

How to find your Cardano public address

Before connecting Cardano to Koinly you'll need to find your Cardano extended key from all the wallets you use for ADA. Koinly supports all the top Cardano wallets! Popular ADA wallets include:

Don't see your wallet? You'll find easy-to-follow steps on how to get your Cardano public address from hundreds of wallets here.

Don't forget, in order for Koinly to calculate your crypto taxes correctly you’ll need to add your public address from every wallet you use for Cardano. As well as this, it's your extended key that you'll need to enter into Koinly. Most Cardano wallets provide this, but if not you can always import your Cardano transaction data by uploading a CSV file instead.

Your frequently asked questions

How is staking Cardano taxed?
How are Cardano airdrops taxed?
How are Cardano liquidity pool tokens taxed?
Do you pay taxes on staking Cardano?
How do I report Cardano staking rewards?

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