Creating a Tax Report with CoinLedger

Step 1: Import Your Transactions

CoinLedger allows you to pull in all your crypto activity from multiple sources:

  • Exchange API Keys – Connect accounts like Coinbase, Binance, Kraken, and more to automatically import trades.
  • Wallet Addresses – Track Ethereum, Solana, Polygon, and other blockchain activity directly by entering wallet addresses.
  • CSV Uploads – For exchanges or wallets that don’t have API integration, upload CSV files to import your transactions.

💡 Pro Tip: Make sure you include every wallet and exchange to avoid missing taxable events, like staking rewards or NFT sales.

Step 2: Categorize and Review Transactions

Once imported, CoinLedger automatically categorizes most transactions into:

  • Trades (buys/sells)
  • Income (staking, mining, airdrops, rewards)
  • NFT transactions
  • Transfers between wallets

Review the classifications to ensure accuracy. You can manually adjust transactions if needed, which is especially useful for complex DeFi swaps or multi-step liquidity pool activity.

Step 3: Check Your Portfolio Summary

Before generating a report, CoinLedger provides a portfolio overview:

  • Total holdings and cost basis
  • Realized vs. unrealized gains
  • Income earned from staking, mining, or other sources

This step allows you to spot discrepancies or missing data before creating the tax report.

Step 4: Generate the Tax Report

After reviewing your data, select “Generate Report” in CoinLedger. Features include:

  • Capital gains and losses summary
  • Income reporting from staking, mining, and airdrops
  • Audit-ready documentation for each transaction
  • Export formats compatible with TurboTax, TaxAct, or manual filing

💡 Pro Tip: You can generate the report multiple times if you make corrections or add new transactions before final filing.

Step 5: Export and File

CoinLedger allows you to export your tax report in multiple formats:

  • CSV or Excel for manual review or accountant submissions
  • Direct integration with TurboTax or TaxAct for seamless filing
  • IRS-ready forms like Form 8949 for U.S. users

This ensures your report is accurate and ready for submission, saving time and reducing the risk of errors.

Step 6: Keep Records Year-Round

Even after filing, CoinLedger’s system keeps your transaction history and generated reports stored securely. This is helpful if:

  • You’re audited
  • You want to analyze portfolio performance
  • You need reports for international tax compliance

Why CoinLedger Simplifies Tax Reporting

CoinLedger automates the most time-consuming and error-prone parts of crypto tax reporting: importing data, categorizing transactions, and generating IRS-ready reports. With its cross-chain support and integration with modern exchanges, it’s ideal for both casual investors and high-volume traders in 2026.