Filing Your Xapo Wallet Tax Forms
Quickly calculate your xapo wallet taxes and generate the appropriate tax documents to send to your tax agency. Koinly completely integrates with Xapo Wallet and makes your tax reporting a walk in the park.
Here's what you should do
The first and usually the only step is to download all your data from Xapo Wallet and upload it into Koinly. There are a couple of ways you can do that:
You should see a history export button in Xapo Wallet that will generate a CSV file containing all your transaction data, simply import that file into Koinly and you on your way to create a tax document.
If you would rather have Koinly import your data automatically, you can create separate Koinly-wallets for each of your coins ex Xapo Wallet BTC, Xapo Wallet ETH etc using our Blockchain integrations. Then, simply add the public key or public address for each of the coins and let Koinly handle the rest.
If you only have a few transactions and the above method(s) are not possible for you, you can even add the transactions one by one through Koinly's web interface.
Note that if you want to import CSV files, you must make sure to import your deposits/withdrawals and trades for ALL previous years !
That's all you have to do. Don't forget to tag your airdrops/forks so they appear as Income on your final cryptocurrency tax forms!