Looking for crypto tax reporting?
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Are you feeling overwhelmed with crypto taxes?
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Whether you're starting from scratch or struggling to finalize your reports, HandyTax is here to guide you.
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From gathering data to preparing error-free, country-specific reports, we make your crypto tax journey seamless.
How HandyTax Can Help
2. Setting Up Your Crypto Tax Platform Accounts
1. Building Your Portfolio from
Scratch
We understand that starting from scratch can feel daunting. That’s why we:
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Collect API keys, CSV files, and other data sources to consolidate your transaction history;
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Create a Comprehensive Dashboard;
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Organize all your crypto data in one place for clear and easy tracking.
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We help you integrate and configure your accounts across multiple crypto tax platforms, ensuring your data is automatically tracked in one centralized location (any tax software you prefer).
3. Expertise Across All Major Crypto Tax Software
HandyTax works with the leading crypto tax software, including:
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Koinly;
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CoinTracker;
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CoinTracking;
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CoinLedger;
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TokenTax;
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ZenLedger;
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CryptoTrader.Tax, and more.
Our knowledge of these platforms ensures your portfolio is set up to generate accurate and compliant reports.
4. Fixing Errors and Ensuring Accuracy
Fix Balance Mismatches
- Reconcile your wallet balances to ensure accuracy.
Add Missing Records and Values
- Locate and input missing transactions, prices, and values.
Transaction Checks
- Correctly handle complex crypto activities, including:
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Staking and liquidity;
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NFTs;
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Loans and repayments;
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Collateral and ICO projects;
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Rewards and airdrops, etc.
5. Handling the Complexity of Crypto Taxes
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Crypto is ever-evolving, with new projects and transactions emerging all the time.
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Our team deciphers blockchain records and ensures they align with the tax regulations in your country.
6. Clean and Ready-to-Use Data
Once we’ve addressed all discrepancies, your portfolio will be accurate and easy to track, giving you the confidence to generate reliable tax reports.
We offer country-specific reports for:
IRS Form 8949
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A detailed report listing all capital gains and losses from cryptocurrency transactions for tax purposes.
Schedule D (Form 1040)
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Summarizes the capital gains and losses for the tax year, derived from Form 8949.
Income Summary
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Calculates and lists taxable crypto income, including staking, mining, and airdrops, to be reported on the income section of Form 1040.
HMRC Capital Gains Report
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Provides a breakdown of capital gains and losses on cryptocurrency transactions to comply with HMRC’s CGT rules.
Income Summary
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Lists taxable income from crypto activities like staking and mining, to be reported under “Other Income” for HMRC.
Comprehensive Transaction Report
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Includes all transactions and their tax treatment for full transparency with HMRC.
ATO Capital Gains Report
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Summarizes capital gains and losses from crypto transactions to be reported to the ATO.
Income Summary
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Details crypto-related income (e.g., staking rewards) for inclusion under assessable income in tax returns.
Comprehensive Transaction Report
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Provides a full log of crypto transactions with proper categorization as per ATO guidelines.
CRA Capital Gains Report
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Summarizes crypto gains and losses to comply with the Canada Revenue Agency’s requirements.
Income Summary
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Breaks down taxable income from crypto activities like staking or mining, to be reported as business or other income.
Transaction Log
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Provides a complete list of transactions, categorized to meet CRA's audit and record-keeping requirements.
DGFiP Capital Gains Report
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Calculates capital gains and losses on crypto transactions using the average cost basis method, as required by French tax laws.
Income Report
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Summarizes crypto-related income for reporting as professional or occasional income, depending on your trading classification.
Comprehensive Transaction Report
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Full transaction history to meet French record-keeping and reporting standards.
German Capital Gains Report
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Detailed report of crypto gains and losses, highlighting tax-free gains for assets held longer than a year.
Income Report
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Breaks down taxable income from staking, mining, or airdrops for inclusion in the income tax declaration.
Transaction History
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Full transaction record to comply with Germany’s strict record-keeping rules.
Didn’t find your country in the list? No worries! We can prepare both standard and country-specific reports tailored to your needs. Simply contact us, and we’ll provide you with a list of reports available for your country.
Why Choose HandyTax?
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Specialized Expertise: focused entirely on crypto tax preparation.
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Comprehensive Solutions: from data collection to report generation.
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Software Flexibility: works with all major crypto tax platforms.
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Country-Specific Compliance: ensures your reports meet local tax legislation.
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Ongoing Support: available to answer questions and fix any issues during the process.