How to do your Ballet Wallet taxes with Koinly
Ballet Wallet is a cold storage wallet based in the US. Their REAL series cryptocurrency wallets allow users to store multiple cryptocurrencies in secure, offline storage, while the Ballet Crypto app allows users to transact with their crypto securely.
- Sign up to Koinly and choose your country and currency
- Connect Ballet Wallet with Koinly to import all your Ballet Wallet trades safely and securely
- Koinly categorizes Ballet Wallet transactions into gains, losses and income
- Koinly calculates your Ballet Wallet Capital Gains Tax and Ballet Wallet Income Tax
- Download your Ballet Wallet tax report from Koinly
- File your Ballet Wallet taxes online or with your crypto tax accountant
How do I file my Ballet Wallet 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. You can do this yourself, by getting your Ballet Wallet transaction history and identifying your taxable transactions and calculating your gains and income yourself... or you can use a crypto tax calculator like Koinly to do this for you and generate your Ballet Wallet tax report. Here's how it works.
How to connect Ballet Wallet and Koinly via API
On Ballet Wallet
- Log in to Ballet Wallet
- Find the public address of the blockchain you'd like to connect - for example, your Ethereum public address
- Copy your public address
Please note, you'll need to add the public address of every blockchain you interact with using Ballet Wallet to Koinly to get your complete transaction history, so you'll need to repeat the steps above for each coin you hold in Ballet Wallet.
On Koinly
- Sign up or log in to your Koinly account and go to wallets
- Select add new wallet: Ballet Wallet
- Select set up auto sync
- Select connect blockchains
- Search for and select the blockchain you'd like to connect - for example, Ethereum
- Paste your public address
- Select import
Important
You'll need to repeat the steps above for every blockchain you interact with using Ballet Wallet.
How to integrate Ballet Wallet with Koinly using CSV
If you prefer, you can integrate Koinly with Ballet Wallet by uploading a CSV file of your transaction history instead. Just find the option to export your transaction history as a CSV file from Ballet Wallet. Once you've have it, follow the instructions below to import your file(s) to Koinly.
How to upload your Ballet Wallet CSV file to Koinly
- Sign up or log in to your Koinly account and go to wallets
- Select add new wallet:Â Ballet Wallet
- Select import from file
- Upload your CSV file(s)
Important
1. When downloading your CSV files, check that the file covers your full trading history. This means you may need multiple CSV files.
2. Don't forget to tag your airdrops and forks. This will ensure that they show up correctly as income on your Koinly tax reports.
How do I troubleshoot my Ballet Wallet integration to Koinly?
If you need help connecting Ballet Wallet and Koinly, check out these great resources:
- Head over to our help center
- Hit up our discussion boards - we might have already answered your question
- Ask us on social media - we're on Twitter or Reddit
- Contact us on email or live chat
- Got a feature request? Give us feedback on Canny
Calculate your Ballet Wallet taxes
Sign up free today and calculate your Ballet Wallet taxes
Does Ballet Wallet provide tax documents?
No. Ballet Wallet does not provide users with tax documents. You'll need to get your transaction history and calculate your taxes yourself, or use crypto tax software.
How do I get tax reports and forms from Ballet Wallet?
The easiest way to get your Ballet Wallet tax report is to connect to crypto tax software via API in minutes which can then generate your report for you. Alternatively, you can upload CSV files of your transaction history instead.
Does Ballet Wallet provide financial or end of year statements?
No. Ballet Wallet does not provide financial or end of year statements, but you can use crypto tax software to help you generate the statements you need for tax purposes.