Koinly and Tax Season: How to Simplify Crypto Reporting in 2026

Ameli

— 1 min read

Introduction

  • Hook: Highlight how crypto tax reporting has become increasingly complex with the rise of DeFi, NFTs, and global exchanges.
  • Introduce Koinly as a tool that simplifies crypto tax reporting.
  • Mention the article will guide readers on maximizing efficiency during tax season using Koinly.

1. Why Crypto Taxes Are Getting Complicated

  • Growth of DeFi, NFTs, staking, and cross-border trades.
  • Different tax rules for each country, making manual calculation difficult.
  • Risk of errors and audits if not properly reported.

Example/Stats: Show a statistic like “over 50% of crypto investors reported difficulty in tracking transactions in 2025.”

2. How Koinly Simplifies Crypto Tax Reporting

2.1. Automatic Wallet and Exchange Integration

  • Import wallets and exchange accounts via API or CSV.
  • Supports multiple blockchains (Ethereum, Solana, Bitcoin, etc.).
  • Eliminates manual tracking of every transaction.

2.2. Real-Time Portfolio Tracking

  • Tracks gains, losses, and holdings in real-time.
  • Visual dashboards make tax planning easier.

2.3. Accurate Tax Calculations for All Transaction Types

  • Handles trading, staking, DeFi swaps, and NFTs.
  • Generates tax reports compliant with country-specific regulations.

3. Step-by-Step Guide to Using Koinly for Tax Season

Step 1: Connect Your Accounts

  • List the types of accounts supported (Exchanges, Wallets, DeFi protocols).

Step 2: Import Historical Transactions

  • Explain how CSV and API imports work.
  • Tips to verify transaction accuracy.

Step 3: Categorize Transactions

  • Explain categories: income, capital gains, staking rewards.
  • Mention Koinly’s automated suggestions.

Step 4: Generate Tax Reports

  • Show how to generate country-specific reports (USA, UK, Australia, etc.).
  • Mention downloadable formats (PDF, CSV, TurboTax, etc.).

4. Common Mistakes Koinly Helps You Avoid

  • Forgetting small transactions across multiple wallets.
  • Misclassifying DeFi earnings.
  • Overlooking NFT sales or staking rewards.
  • Ensures audit-ready reports.

5. Tips for a Smooth Crypto Tax Season in 2026

  • Start tracking transactions early.
  • Double-check Koinly’s automatic classifications.
  • Keep records for all wallets, exchanges, and DeFi platforms.
  • Consider consulting a tax professional for unusual cases.

Conclusion

  • Recap: Koinly saves time, reduces errors, and ensures compliance.
  • Call-to-action: Start integrating Koinly before the next tax season to simplify crypto reporting.

💡 Optional Add-ons:

  • Include a small FAQ section:
    • “Does Koinly support NFTs?”
    • “Can it handle international tax rules?”
    • “How much does Koinly cost?”
  • Add a case study/example: “Jane’s 2025 crypto portfolio: how Koinly saved her 10 hours of manual work.”

Read more