How to file your Immutable X taxes with Koinly

Immutable X functions as a layer-2 scaling solution, establishing an NFT infrastructure atop the Ethereum blockchain. Dedicated to fueling the evolution of Web3 gaming, Immutable X endeavors to enhance user and developer experiences by delivering smooth gameplay, rapid transaction processing, and eco-friendly NFT minting devoid of gas fees. But your gaming transactions might come with a tax bill. Whatever your investments, Koinly can help.


Follow these steps to sync your Immutable X (IMX) data automatically to Koinly:

  1. Open your Immutable X (IMX) wallet app
  2. Locate and copy your public address or key

On Koinly:

  1. Create a free account on Koinly
  2. Complete onboarding until you get to the Wallets page and find Immutable X (IMX) in the list
  3. Select API > Paste the public address/key you copied above in the appropriate box
  4. Hit Import and wait for Koinly to sync your data. This can take a few minutes
  5. Review your transactions on the Transactions page to ensure everything is tagged correctly and no missing data
  6. Go to the Tax Reports page to view your tax liability!
Having trouble connecting Immutable X (IMX) with Koinly?

How do I file my Immutable X 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 Immutable X provide tax documents?
How do I get tax reports and forms from Immutable X?
Does Immutable X provide financial or end of year statements?