How to file your Plus500 taxes with Koinly
Plus500 is a multi-asset investment platform based in Europe, that offers a variety of financial investments, including crypto CFDs. Whatever your investments, Koinly can help with your Plus500 taxes.
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find Plus500 in the list
- Click on it and select "File import" in the import options screen
- Upload the files you downloaded from Plus500 (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!
How do I file my Plus500 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 Plus500 provide tax documents?
Yes. Plus500 provides users with a variety of tax documents depending on their investments and location. However, you may not be issued with tax documents for your crypto investments. Instead, you can export a CSV file of your Plus500 crypto transaction history for accounting purposes.
How do I get tax reports and forms from Plus500?
The easiest way to get a crypto tax report from Plus500 is to take your Plus500 crypto transaction history CSV file and upload it to a crypto tax calculator like Koinly. Koinly will then identify your taxable transactions and calculate your gains, losses, income, and more.
Does Plus500 provide financial or end of year statements?
Yes. Plus500 offers an annual report for accounting purposes.