How to File Your Newton Taxes with Koinly
A popular Canadian crypto exchange, Newton allows Canadian crypto investors to buy, sell, and trade more than 70 cryptocurrencies. Whatever your investments, Koinly can help with your Newton taxes. Here's how it works.
Newton has single sign-on (SSO) for Koinly users, so you can connect to Koinly straight from your Newton account. Here's how.
Follow these steps to download your Newton data:
- Log in to Newton
- Click the silhouette icon (Account/Settings) in the top right corner
- Click Statement & Reports
- Click Tax Reports
- Click Koinly Reports
- Click Download CSV Report
Make sure that you export your transaction history for all prior years and import all of the files to your Koinly account
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find Newton in the list
- Click on it and select "File import" in the import options screen
- Upload the files you downloaded from Newton (one at a time) and click on Import
- 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
Does Newton report to the tax office?
Yes, Newton may be required to report your transactions. Learn more in our guide: Does Newton Report to the CRA?
FAQs
Does Newton have tax documents?
Yes. You can download your Koinly tax report - and other tax reports - straight from Newton.
How do I get my tax report from Newton?
The simplest way to get your Newton tax report is to connect to crypto tax software like Koinly. You can do this by uploading a CSV file of your Newton transaction history. Your crypto tax calculator will then calculate your Newton taxes for you and generate your Newton tax documents.
Does Newton provide financial or end of year statements?
No, Newton does not supply a financial statement, but you can use a crypto tax app like Koinly to generate one.
