Introducing the Blockchain.com Tax Center

Introducing the Blockchain.com Tax Center

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Did you sell, swap, or earn rewards on your crypto in the last year? If so, you might owe taxes on your crypto.

The good news is Blockchain.com is here to help. With our new Tax Center, you can easily export your full transaction history from your Blockchain.com accounts to calculate gains, losses, and income.

We’ve also partnered with CoinTracker to simplify your tax reporting. Just upload your transaction history file into their service and you’ll get free tax reports for up to 500 transactions.

With Blockchain.com and CoinTracker, you can now prepare your crypto taxes in just five simple steps:

  1. Log in to your Blockchain.com Wallet using your web browser.
  2. Go to Settings (the person icon) and select Tax Center.
  3. Export your transaction history for the given tax year.
  4. Upload your file to CoinTracker.
  5. You’re ready to file your crypto taxes!

Tax Center is currently available for the Blockchain.com Wallet and will be coming to the Exchange very soon.

To get your free tax reports for up to 500 transactions, please be sure to sign up for CoinTracker at https://www.cointracker.io/blockchain.

Trying to figure out your crypto taxes for this year? Check out our recent podcast with Shehan Chandrasekera, Head of Tax Strategy at CoinTracker, where we discuss the five situations that trigger crypto tax obligations. It’s an actionable, insight-filled episode you won’t want to miss!

IMPORTANT NOTE:

This post is for informational purposes only and should not be interpreted or relied upon as financial, legal, or tax advice. This content also only addresses U.S. federal income tax consequences for U.S. citizens and residents and does not address tax consequences that may be relevant to a particular person subject to special rules, such as dealers or traders. You should consult with your own financial, legal, or tax professionals to report and file your crypto taxes or make decisions on your particular circumstances. The laws, regulations, or interpretation of the existing laws could change, which may adversely affect either prospectively or retroactively. The content of this post is subject to changes.

Crypto is a high-risk investment. The value of crypto can fluctuate and investors may lose the capital they invest.

Digital currencies are not bank deposits, are not legal tender, are not backed by the government, and accounts and value balances. Blockchain.com’s products and services are not subject to the US Federal Deposit Insurance Corporation or Securities Investor Protection Corporation, or any other non-US governmental or government-backed protections. Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.

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