Effortlessly calculate your bitcoin (btc) taxes and create the appropriate tax forms to send to your tax authority. Koinly fully supports Bitcoin (BTC) and makes your tax reporting a piece of cake.
The first step is to download all your transaction data from your Bitcoin (BTC) wallet and import it into Koinly. There are a few ways you can do that:
The quickest way of doing this with Koinly is to add your Bitcoin (BTC) address/keys and let it sync your transactions directly from the ledger. Koinly supports all types of BTC addresses (including bech32) as well as xpub, ypub and zpub keys.
If you only have a few transactions and the above method(s) are not possible for you, you can also add the transactions one by one 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 previous years - not just the current one!
That's it. Don't forget to tag your airdrops/forks so they appear as Income on your final crypto tax reports!