The tax implications of transactions can be complex and vary depending on various factors, such as your tax jurisdiction, the nature of the transaction, and the amount involved. CoinTracker calculates your tax liability based on the transaction types, category, and other factors. Please consult a tax professional for guidance tailored to your specific situation.
Common transactions
| Category name | Taxable event or non-taxable event |
| Send | Taxable |
| Receive | Non-taxable |
| Buy | Non-taxable |
| Sell | Taxable |
| Transfer | Non-taxable |
| Trade | Taxable |
Other transactions
| Category name | Taxable event or non-taxable event | Relevant transaction types |
| Staking reward | Taxable, Non-taxable* | Receive |
| Mining reward | Taxable | Receive |
| Airdrop | Taxable | Receive |
| Fork | Non-taxable | Receive |
| Payment | Taxable | Receive |
| Interest | Taxable | Receive |
| Other Income | Taxable | Receive |
| Gift | Non-taxable | Send |
| Lost | Non-taxable | Send |
| Donation | Non-taxable | Send |
| Margin | Taxable | Buy, Sell, Trade |
| Margin fee | Taxable | Send |
| Margin gain | Taxable | Receive |
| Margin loss | Taxable | Send |
| Margin rebate | Non-taxable | Receive |
| Rebate | Non-taxable | Receive |
| Stake |
Liquid: Taxable, Non-taxable* Illiquid: Non-taxable |
Liquid: Trade Illiquid: Send |
| Unstake |
Liquid: Taxable, Non-taxable* Illiquid: Non-taxable |
Liquid: Trade Illiquid: Receive |
| Wrap | Taxable, Non-taxable* | Trade |
| Borrow | Non-taxable | Receive |
| Loan repayment | Taxable | Send, Trade |
| Interest expense | Taxable | Send |
| Add liquidity | Taxable, Non-taxable* | Trade |
| Remove liquidity | Taxable, Non-taxable* | Trade |
| Lending deposit | Taxable, Non-taxable* | Trade, Send |
| Lending withdrawal | Taxable, Non-taxable* | Trade, Receive |
| Bridge | Non-taxable | Send, Receive |
| Linked trade | Taxable | Trade |
| Service | Taxable | Send |
*Non-taxable is a configuration setting. We are not recommending users set these transactions as non-taxable.
How to handle airdrops
Airdrop transactions are generally treated as taxable events. However, taxability can depend on your specific circumstances.
If your airdrop is not taxable, you can manually update the cost basis to 0. Learn more about airdrops and tax treatment in Germany.