Effortlessly calculate your litecoin (ltc) taxes and generate the correct tax reports to send to your tax authority. Koinly completely supports Litecoin (LTC) and makes tax reporting a walk in the park.
The first - and in most cases the only - step is to download all your data from Litecoin (LTC) and upload it to Koinly. There are a few ways you can do that:
The quickest way of doing this with Koinly is to add your public address or public keys and let it import your data directly from the ledger. Koinly supports Litecoin 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.
Note that if you want to use CSV files, you need to make sure to import your deposits/withdrawals and trades for ALL previous years and not just the current one!
That's pretty much it. 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!