How to file your Linea taxes with Koinly
Linea is a layer-2 zkEVM rollup for scaling Ethereum dApps for developers, founded by crypto giant Consensus. The blockchain utilizes zero-knowledge proofs to offer fast transactions with low gas fees. Whatever your investments, Koinly can help with your Linea taxes.
Follow these steps to sync your Linea data automatically to Koinly:
- Open your Linea wallet app
- Locate and copy your public address or key
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find Linea in the list
- Select API > Paste the public address/key you copied above in the appropriate box
- Hit Import and wait for Koinly to sync your data. This can take a few minutes
- Review your transactions on the Transactions page to ensure everything is tagged correctly and no missing data
- Go to the Tax Reports page to view your tax liability!
- Head over to our help center
- Hit up our discussion boards - we might have already answered your question
- Ask us on social media - we're on Twitter and Reddit
- Contact us on email or live chat
- Got a feature request? Give us feedback on Canny
How do I file my Linea taxes?
You'll need to calculate and report any income or capital gains you made with your tax office. For most people, this happens as part of your annual tax return.
There are a couple of ways you can do this - do it yourself, by identifying your taxable transactions, calculating your net capital gain or loss, and the fair market value of any crypto income.
Or, use a crypto tax calculator like Koinly to easily calculate your taxable income for you, and generate your crypto tax report, ready to file with your tax office.
Koinly works by importing your crypto transaction data to analyze what's taxable, and what's not.
Koinly lets you manage all your crypto transactions - from all the blockchains, wallets, and exchanges you use - from one single platform, making crypto tax simple.
Your frequently asked questions
Does Linea provide tax documents?
No, Linea doesn't provide tax documents, but you can connect to a crypto tax calculator like Koinly to retrieve your transaction data.
How do I get tax reports and forms from Linea?
The easiest way to get a Linea tax report is to connect to Koinly using your public address. Koinly can automatically import your transaction data to calculate your gains, losses, income, and more.
Does Linea provide financial or end of year statements?
No. Linea does not provide financial or end-of-year statements.