Koinly calculates your cryptocurrency taxes and helps you reduce them for next year. No spreadsheets, no manual price lookups, no guessing.
1099-DA & Form 8949
TurboTax, FreeTaxUSA
Available in 20+ countries
2,000+ reviews on Trustpilot
We've been there too - that's why we built Koinly. Import your Bitcoin, Eth, Solana and other transactions straight from the blockchains, sync every exchange in one click, and get a report that's ready to file.
Traded on lots of exchanges?
Knee-deep in DeFi, staking or liquidity?
Kept no record of any of it?
Add your exchange accounts via API or CSV files, and connect your blockchain wallets using public addresses.
Whether you're staking on Solana, lending on Curve or providing liquidity on Uniswap, Koinly handles it.
Transfers between your own wallets are matched automatically and keep their original cost basis.
See your profit and loss for any tax year - free, before you pay anything.
See your total holdings, ROI and growth over time on one dashboard.
See the impact of selling your assets before your tax year ends.
Download the report you need - whether you file yourself, use TurboTax, or hand everything to an accountant.
Koinly reconciles your 1099-DAs and generates IRS-ready forms for filing.
Every short and long-term disposal, capital gain and income entry, in one report.
The API sync process was seamless and the user interface is incredibly easy to navigate. I was recommended by a friend, after struggling with other platforms. The TurboTax formatted report was imported instantly.
I switched to Koinly last month and really love it so far. Much better than Cointracking. Good job!
It was easy to sync my accounts, the tax report was in good format and approved by BZSt. Great support.
Team is very supportive, helped me import my Bibox transactions and guided me all the way. I have invited some of my friends to Koinly too, and they are thanking me.
Filing rules tightened for 2026. Here's how crypto is taxed, what the IRS now sees, and what you can still do about it.
The IRS treats crypto as property. When you sell, trade, or spend it, you pay capital gains tax on the difference between your purchase price and sale price. When you earn crypto - through mining, staking, or airdrops - it's taxed as income at its fair market value.
Yes. Even if you only made losses, you're still required to report them. But it works in your favour - reported losses can offset your gains and reduce your tax bill, both this year and in future years.
Yes. From 2026, all centralised exchanges are required to issue Form 1099-DA, which reports your crypto sales and disposals directly to the IRS. Exchanges also complete KYC checks and have handed user data to tax authorities in the past.
You can't avoid it entirely, but you can reduce it significantly. Tax-loss harvesting lets you offset gains by selling losing positions. Holding for over a year can qualify you for lower long-term rates. And the biggest one: making sure your cost basis is accurate - it's the number one reason crypto investors overpay.
Yes. Form 1099-DA reports your proceeds to the IRS, but cost basis is often missing or incorrect - especially if you've moved crypto between platforms. Without it, you could significantly overpay. Crypto tax software like Koinly tracks your full history and calculates the correct gains and losses.
Koinly connects to 800+ exchanges and wallets and imports your full transaction history - including DeFi, staking and NFTs. It flags missing cost basis, identifies tax savings, and generates ready-to-file reports for TurboTax, the IRS, or your accountant.
Plain-English guides on how crypto is taxed in 20+ countries, what the 2026 1099-DA rules change, and how to file without overpaying.