Filing Your Bitgo Wallet Tax Reports
Effortlessly calculate your bitgo wallet taxes and create the appropriate tax documents to send to your tax authority. Koinly integrates with Bitgo Wallet and makes your tax reporting a walk in the park.
Here's what you need to do
The first and usually the only step is to download all your data from bitgo wallet and upload it into Koinly. There are a few ways you can do this:
There should be a history export button in Bitgo Wallet that will create a CSV file containing your transaction data, just import that file into Koinly and you are ready to generate a tax document.
If you prefer to have Koinly import your transactions automatically, you can add separate Koinly-wallets for each of your cryptocurrencies ex Bitgo Wallet BTC, Bitgo Wallet ETH etc using our Blockchain integrations. Then, 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 one by one via Koinly's web interface.
Note that if you decide to use CSV files, you have to make sure to import your deposits/withdrawals and trades for ALL previous years and not just the current one!
That's all you have to do. Don't forget to tag your airdrops/forks so they show up as Income on your final cryptocurrency tax documents!