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Preparing Your CoolWallet Tax Reports

How does it work?

The first and usually only step is to download all your transactions from CoolWallet and import them into Koinly. There are a few ways you can do this:

  • Look for a history export option in CoolWallet that will generate a CSV file containing your transaction data, just import it into Koinly, and you are ready to generate a tax report.
  • If you would rather have Koinly sync your transactions automatically, you can add separate Koinly-wallets for each of your coins ex CoolWallet BTC, CoolWallet ETH etc using our Blockchain integrations. Then, simply add the public key or public address for each of your coins and let Koinly do the rest.
  • If you only have a few transactions and the above method(s) are not possible for you, you can also add the transactions manually through Koinly's web interface.

Note that if you decide to use CSV files, you must make sure to import your deposits/withdrawals and trades for ALL years and not just the current one!

That's all you have to do. Don't forget to tag your airdrops/forks so they show up as Income on your generated cryptocurrency tax documents!

Last updated: Tuesday, 7 March 2023

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