How to File Your Kinesis Money Taxes with Koinly

How to do your Kinesis Money taxes with Koinly

Kinesis Money, also known as Kinesis, is an institutional exchange founded more than 10 years ago that allows investors to trade crypto assets, and in particular, specializes in pegged crypto backed by gold and silver. Whatever your investments, Koinly can help with your crypto taxes. Here's how it works.

Follow these steps to download your data:

  1. Log in to Kinesis Money.
  2. Go to your dashboard.
  3. In the portfolio section, select the balance widget (three-dot icon).
  4. Select export statement.
  5. Select a statement type and date range.
  6. Select export.

On Koinly:

  1. Create a free account on Koinly
  2. Complete onboarding until you get to the Wallets page and find in the list
  3. Click on it and select "File import" in the import options screen
  4. Upload the files you downloaded from (one at a time) and click on Import
  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!
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How do I file my Kinesis Money 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 Kinesis Money provide tax documents?
How do I get tax reports and forms from Kinesis Money?
Does Kinesis Money provide financial or end of year statements?
Is Kinesis Money safe?