What is a transaction category?
Transaction categories help to label various cryptocurrency transactions for tax and reporting needs. By changing a transaction's default category, you can manually adjust the details of transactions that are automatically synchronized.
To understand how to use transaction tags, see How to Change a Transaction Category.
Category Definitions and CSV Tags
Staking Transactions
Staking reward
Definition: You received rewards for staking assets. 'Staking reward' category can be applied to 'Receive' transactions and the default tax treatment is 'taxable', however marking as 'non-taxable' is a menu option.
CoinTracker CSV Tag: staking
Stake
Definition: You deposited assets into a liquid or illiquid staking contract and received a token in return. 'Stake' category can be applied to Trade or Mint transactions, if liquid staking, and Send transactions if illiquid. When applied to Trade or Mint transactions, the default tax treatment is 'taxable', however marking as 'non-taxable' is available in menu options. When applied to Send transactions, default tax treatment is 'non-taxable'.
CoinTracker CSV Tag: stake
Unstake
Definition: You redeemed your staked assets by returning a staking token and withdrew assets from a staking contract. 'Unstake' category can be applied to Trade transactions, if liquid staking, and Receive transaction if illiquid staking. When applied to Trade transactions, the default tax treatment is 'taxable', however marking as 'non-taxable' is available in menu options. When applied to Recieve transactions, default tax treatment is 'non-taxable'.
CoinTracker CSV Tag: unstake
Margin Transactions
Margin
Definition: You traded assets through a margin order (separate from a spot trading wallet).
CoinTracker CSV Tag: margin
Margin fee
Definition: You paid a fee to cover interest or rollover fees on a margin loan
CoinTracker CSV Tag: margin fee
Margin gain
Definition: You had a gain associated with a margin trade
CoinTracker CSV Tag: margin gain
Margin loss
Definition: You had a loss associated with a margin trade
CoinTracker CSV Tag: margin loss
Margin rebate
Definition: You received a rebate to adjust margin fees (the opposite of a margin fee).
CoinTracker CSV Tag: margin rebate
Liquidity Pool Transactions
Add liquidity
Definition: You added liquidity to a liquidity pool and received an LP token in return.
CoinTracker CSV Tag: add_liquidity
Remove liquidity
Definition: You redeemed your liquidity by returning an LP token
CoinTracker CSV Tag: remove_liquidity
Lending and Borrowing Transactions
Borrow
Definition: You borrowed assets from a lending contract, individual, or entity.
CoinTracker CSV Tag: borrow
Loan repayment
Definition: You returned borrowed funds
CoinTracker CSV Tag: loan_repayment
Lending deposit
Definition: You deposited assets into a lending contract.
CoinTracker CSV Tag: lending_deposit
Lending withdrawal
Definition: You withdrew assets deposited into a lending contract.
CoinTracker CSV Tag: lending_withdrawal
Interest expense
Definition: You paid back the interest portion of a loan
CoinTracker CSV Tag: interest_expense
Interest
Definition:You received income from lending your assets
CoinTracker CSV Tag: interest
Other Transaction Types
Bridge
Definition: You transferred assets to yourself on another chain
CoinTracker CSV Tag: bridge
Rebate
Definition: You received a reward back after making a purchase. Example: Cash back credit card reward.
CoinTracker CSV Tag: rebate
Wrap
Definition: You traded an asset for its wrapped or unwrapped version.
CoinTracker CSV Tag: wrap
Mining reward
Definition:You received a block reward as a validator or miner.
CoinTracker CSV Tag: mining
Airdrop
Definition: a transaction that was received in an airdrop
CoinTracker CSV Tag: airdrop
Fork
Definition: a transaction that was received as the result of a fork
CoinTracker CSV Tag: fork
Payment
Definition: a transaction that was received as a payment for a good or service
CoinTracker CSV Tag: payment
Other Income
Definition: You received income or rewards through various activities not defined in other categories. Example: Coinbase Learn rewards.
CoinTracker CSV Tag: other_income
Gift
Definition: a transaction that was sent or received as a gift
CoinTracker CSV Tag: gift
Donation
Definition: You donated assets to a tax-exempt public charity.
CoinTracker CSV Tag: donation
Royalty
Definition: You earned income earned via royalties. Example: You own a NFT collection on OpenSea and receive royalties every time someone buys/sells an NFT in your collection.
CoinTracker CSV Tag: royalty
Mint
Definition: You received a newly minted asset, whether it was minted by your wallet or another wallet. If you minted it, it must have a mint price of $0.00, otherwise it will be treated as a 'trade' instead of mint.
Stolen
Definition: Assets were stolen from your wallet because you signed a malicious transaction or another individual gained access to your wallet and sent out the assets.
Lost
Definition: You sent assets to the wrong address or lost access to your wallet and your assets cannot be recovered.
CoinTracker CSV Tag: lost
Liquidated
Definition: Your position was liquidated causing an outflow from your wallet.
Collect rewards
Definition: Inflows that are received when collecting rewards on a DeFi protocol. They are treated as taxable income.
Tax Impact of Transaction Category
| 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 |
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, Mint 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 |
*Non-taxable is a configuration setting. We are not recommending users set these transactions as non-taxable.
It is important to note that 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.
We recommend consulting a tax professional for advice tailored to your circumstances. To connect with a tax expert, visit CoinTracker Connect.