Effortlessly calculate your ledger taxes and generate the correct tax reports to submit to your tax agency. Koinly integrates with Ledger and makes tax reporting a breeze.
The first - and in most cases the only - step is to download all your transaction data from Ledger and upload them to Koinly. There are a couple of ways you can do that:
You should see a history export button in Ledger that will generate a CSV file containing your transaction data, just import it into Koinly and you are ready to create a tax report.
If you would rather have Koinly sync your data automatically, you can create separate Koinly-wallets for each of your cryptocurrencies ex Ledger BTC, Ledger ETH etc using our Blockchain integrations. After that, just add the public key or public address for each of the coins and let Koinly take care of the rest.
If the above method(s) are not possible for you, you can also add the transactions manually via Koinly's web interface.
If you want to import CSV files, you have to make sure to import your deposits/withdrawals and trades for ALL 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 generated crypto tax forms!