Can I upload my transactions to an online crypto tax prep service?

Yes. You can download the XLS version of your Account Statement for the tax year time period and then upload it to third-party crypto tax software solutions who you may use to calculate your crypto tax and prepare the corresponding tax forms.

Crypto investors often use third-party crypto tax preparation software for the following:

• Multiple exchange / brokerage accounts: Provide a consolidated view of crypto reporting if they have more than one crypto trading account.
• Wallet movements: Accurately reflect the cost basis of closed positions that were sold on a different exchange from where they were purchase if the user moved the asset to a different wallet
• Tax loss harvesting: analyze portfolio to support tax loss harvesting strategies. Select reporting method (FIFO, LIFO, Specific ID)
• Tax Form Preparation: create consolidated 1099 forms and other tax forms as necessary for filing.
• Turbo Tax and other integrations: Integrate directly to tax filing software such as Turbo Tax.

We have identified the following crypto tax prep software providers which can correctly ingest the etoro Account Statement:

• CoinTracker
• TaxBit
• Zenledger

*Note: This is provided for informational purposes only. etoro does not provide tax or legal advice. You should consult with a tax or legal professional to address your particular situation.*

| |
| --- |
| *Note: Crypto trading is not available in NV, HI, Puerto Rico and the US Virgin Islands.* |