How to File Your Ledger Taxes with Koinly

One of the most popular hardware wallet providers, whichever Ledger device you're using, it's easy to do your Ledger taxes with Koinly.


Follow these steps to sync your Ledger data automatically to Koinly:

  1. Open your Ledger wallet app
  2. Copy the public address for every coin that you have on it (even the ones with a zero balance)

On Koinly:

  1. Create a free account on Koinly
  2. Complete onboarding until you get to the Wallets page and find Ledger 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 Ledger with Koinly?

Does Ledger report to the IRS?

It's unlikely Ledger reports to the IRS currently. As a hardware wallet device provider, Ledger isn't a top priority for the IRS. In fact, many users simply use their Ledger wallets to store long-term hodls, which is tax free. Ledger does not collect KYC data on customers and isn't yet required to (though this could change soon with the new IRS guidance on crypto regulation).

Your frequently asked questions...

Can I get a Ledger Live tax report?
Does Ledger supply a financial statement?
Does Ledger report to other tax authorities?
Does Ledger give you a 1099?
Do you pay taxes on Ledger transactions?
Do I have to report Ledger transactions if I didn't sell?