Effortlessly calculate your square cash app taxes and create the appropriate tax documents to submit to your tax agency. Koinly completely supports Square Cash App and makes your tax reporting a walk in the park.
The first - and in most cases the only - step is to download all your data from Square Cash App and import them into Koinly. There are a couple of ways you can do that:
As Square Cash App has an API, the fastest way to do so is to simply connect your API keys (api key, api secret). Then Koinly will download all your transaction data automatically and you are ready to create a tax document.
If you don't have access to your API keys you can also import transactions by importing your CSV files.
If the above method(s) are not possible for you, you can even add the transactions manually through Koinly's web interface.
If you decide to import CSV files, you have to make sure to import your deposits/withdrawals and trades for ALL previous years - not just the current one!
That's all you have to do. The only other thing to be vary of is to tag your airdrops/forks so they show up as Income on your generated cryptocurrency tax reports!
Follow these steps to download your transaction files: