New to crypto taxes? So is everyone. That’s why later this month, we’re introducing a new Tax Center to help users simplify their tax reporting.
In partnership with CoinTracker, users will be able to easily export the full transaction history from your Blockchain.com Wallet and Exchange accounts to calculate gains, losses, and income.
Over the last decade, tens of millions of people have used Blockchain.com to buy, sell, swap, store, and earn crypto. More than $1.2 trillion has been transacted on our platform since inception, and we know firsthand how important it is to understand the tax implications of crypto transactions.
With the Blockchain.com Tax Center, you’ll be able to simply upload your transaction history to CoinTracker and get free tax reports for up to 500 transactions.
We’ll send a reminder to customers later this month when the Tax Center is available. In the meantime, we’re sharing crypto tax tips starting with answers to the three most common questions. Stay tuned for more in the coming weeks.
IMPORTANT NOTE:
Digital currencies are not bank deposits, are not legal tender, and are not backed by the government. Blockchain Access UK Ltd’s products and services are not within the jurisdiction of the UK Financial Ombudsman Scheme, nor are they subject to the UK Financial Services Compensation Scheme, the US Federal Deposit Insurance Corporation or Securities Investor Protection Corporation, or any other non-UK or 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.
Coming soon: Blockchain.com Tax Center was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.