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Generate Tax Reports

Learn how to generate tax reports through CoinStats.

Martha avatar
Written by Martha
Updated over a year ago

Whether you’re trading, earning interest, or buying NFTs, you need to be able to import your transactions and calculate your taxes easily. You can generate your tax reports with CoinStats by following the easy steps listed below.


WEB

  1. Open CoinStats web in your browser.

  2. Go to the Portfolio Tracker page and select Report Taxes.

  3. A window will pop up; choose the portfolios for which you'd like to generate the report.


  4. If you don't have any portfolios connected, click on Connect Portfolio button to proceed.

  5. Accept the permission and click Go to CoinLedger.


  6. CoinStats will redirect you to CoinLedger's page, where you can proceed with report generation.


Mobile

Now let's see the same steps in the CoinStats mobile app.

  1. Run the app on your mobile device

  2. Open More tab

  3. Choose Report Taxes

  4. Select the portfolios for which you want to create the report

  5. If you don't have any portfolios connected, click on Connect Portfolio button to proceed

  6. Accept the permission and click Go to CoinLedger

  7. The app will redirect you to CoinLedger's page, where you can proceed with report generation.

To create the tax reports, CoinStats uses CoinLedger; therefore, please check first that the chosen exchanges/wallets are supported on CoinLedger.


Note: we have read-only access to your portfolios, and CoinLedger will also have this access, so it's crucial to know that everything is secure. No need to connect a portfolio via API keys to the third-party service provider again.

In case of any questions, feel free to reach us at support@coinstats.app. 🧡

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