How to Generate Crypto Tax Forms For Free with CoinLedger

 Coinrule  and  CoinLedger  have partnered up to give you free crypto tax forms for the 2023 tax year.

Calculating and reporting crypto taxes from all of your crypto trades can be a painful task. This year, Coinule has partnered with CoinLedger to give all Coinrule users access to free tax reports for 2023!

All Coinrule users prior to December 31st, 2023, will receive an email with a link that will enable you to claim your free CoinLedger tax reports for the year.

How do crypto taxes work?

In most countries around the world, crypto is considered a form of property. When you generate income from selling or earning crypto, that income is subject to tax based on your personal income tax rate.

Capital Gains

When you sell or otherwise dispose of your crypto, you incur a capital gain or loss based on how the price of your crypto has fluctuated since you originally acquired it.

Ordinary Income

When you earn crypto, whether that’s from staking, mining, or a job, you incur income taxes based on the fair market value of the crypto at the time it was earned.

For deeper analysis of how crypto taxes work in your jurisdiction, you can reference these  crypto tax guides .

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CoinLedger is a leading cryptocurrency tax software company that has partnered with Coinrule to facilitate simpler tax calculations and reporting. Follow the below steps to automatically generate your gains, losses, and income tax forms from your crypto transactions:

1. Create a free CoinLedger account by clicking the sign up link you received in an email from Coinrule:

2. Add all wallets and exchanges you use to CoinLedger

3. Import your historical transactions by connecting your exchanges and entering your wallet addresses

4. Generate your tax reports with one-click

And that’s it! Once you have imported your historical transactions to CoinLedger, you will be able to generate and download 2023 tax reports completely for free!

If you have specific tax questions regarding your situation, the CoinLedger team is happy to help! Contact support via help@ coinledger.io