The tax implications of transactions can be complex and depend on factors such as your local 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 | Non-taxable |
Other transactions
| Transaction category | Taxable event or non-taxable event | Relevant transaction types |
| Staking reward | Taxable, Non-taxable* | Receive |
| Mining reward | Taxable | Receive |
| Airdrop | Taxable | Receive |
| Fork | 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 | Non-taxable | Trade |
| Borrow | Non-taxable | Receive |
| Loan repayment | Taxable | Send, Trade |
| Interest expense | Taxable | Send |
| Add liquidity | Non-taxable | Trade |
| Remove liquidity | Non-taxable | Trade |
| Lending deposit | Non-taxable | Trade, Send |
| Lending withdrawal | Non-taxable | Trade, Receive |
| Bridge | Non-taxable | Send, Receive |
| Service | Taxable | Send |
*Staking rewards are considered income per Italy’s 2023 Budget Law and must be declared in tax returns.
**Non-taxable is a configuration setting. We are not recommending users set these transactions as non-taxable.