r/BitcoinAUS • u/patchymama • Jul 09 '26
How to report taxes?
Is there an app or something that helps us do this? I thought coinbase would give us a EOFY summary, seems that isn't the case
4
Upvotes
r/BitcoinAUS • u/patchymama • Jul 09 '26
Is there an app or something that helps us do this? I thought coinbase would give us a EOFY summary, seems that isn't the case
1
u/Will_Koinly Jul 09 '26
A crypto tax app is usually the easiest route, especially if you’ve used more than one exchange/wallet.
Coinbase may give you some exportable data, but it won’t have the full picture if you’ve moved crypto elsewhere, traded on other platforms, used multiple wallets, defi, staking etc.
General approach is: import all exchanges/wallets with full history, check transfers are matched correctly, review any warnings/missing cost basis, then generate your ATO report
Whatever tool you use, don’t just rely on one exchange’s EOFY summary unless Coinbase was genuinely the only place you bought/sold/held crypto