Preparing Your Coinbase Taxes
CryptoTaxCalculator allows you to upload Coinbase data by two methods: an API or CSV upload. Uploading your transactions allows CryptoTaxCalculator to calculate your Coinbase tax obligation.
Uploading your crypto transactions with an API
On Coinbase:
- Login to your account and navigate to the API section under settings
Coinbase API - Create a new API
Create a new API - Under permissions select the read-only options and click create
- Enter your passphrase if required
- Copy and save the API + Secret keys provided
On CryptoTaxCalculator:
- Login and navigate to the import page, and select Coinbase
Import Coinbase API - Paste your API key and secret key and press Import
- The process might take a few minutes to upload all your data but in the meantime, you can work on uploading your other exchange data
Uploading your crypto transactions with a CSV upload
On Coinbase:
- Once logged in navigate to the taxes and reports section
Coinbase transaction history - Generate your report as a CSV file
Coinbase CSV export
On CryptoTaxCalculator:
- Once logged in navigate to the import page and select Coinbase from the menu
Import Coinbase CSV - Import your transaction history CSV file
Wrapping Up
These two options are all you need to get started on your Coinbase and other Crypto taxes. If for whatever reason you are missing some transactions that can’t be uploaded you can manually add them in the review transactions page.
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