Easily calculate your coinbase taxes and create the appropriate tax reports to submit to your tax authority. Koinly completely integrates with Coinbase and makes tax reporting a breeze.
The first - and in most cases the only - step is to download all your transactions from Coinbase and upload them into Koinly. There are a couple of ways you can do that:
As Coinbase has an API, the simplest way to do so is to simply connect your account to Koinly (we only need read access to your data). Then Koinly will sync all your transactions automatically and you can generate your tax form.
If you don't have access to your API keys you can also import transactions by uploading your CSV files.
If the above method(s) are not possible for you, you can also add the transactions manually via Koinly's web interface.
Note that if you want to import CSV files, you have to make sure to import your deposits/withdrawals and trades for ALL previous years - not just the current one!
That's all you have to do. The only other thing to be vary of is to tag your airdrops/forks so they show up as Income on your final cryptocurrency tax documents!