How do I connect my Coinbase account to CoinTracker?
Click "Continue with Coinbase"
This will redirect you to Coinbase to grant CoinTracker read-only access to your account. This does not give us access to move your funds.
Important: By default, "Allow access to all portfolio and wallet accounts" will be selected. You must keep it selected. Changing this option will result in inaccurate transactions.
Visit Coinbase Statements page
Navigate to Generate custom statement
Set Asset: All assets
Set Transaction type: All Transactions
Set Date: Your Desired Year
Set Format: CSV
Click Generate and upload CSV here
Important: Please only upload transaction reports. Do not upload gains/losses reports.
How are Coinbase transactions taxed?
Most activity on Coinbase is taxable.
Capital gains tax: Triggered when you sell, trade, or spend crypto. Example: swapping ETH for BTC or cashing out USDC to USD can create a gain or loss based on your cost basis.
Income tax: Applies when you earn crypto (e.g., staking rewards, referrals, airdrops). The fair market value at receipt is ordinary income; later disposals then create capital gains/losses.
Make it easy: Connect Coinbase to CoinTracker to track cost basis across all wallets/exchanges and generate accurate tax reports.
Do I have to pay taxes on Coinbase?
You don't owe tax for simply holding crypto on Coinbase. Taxes arise from taxable events (selling, trading, spending, or earning rewards). Rules vary by country; always check your local guidance. CoinTracker helps categorize events correctly.
Does Coinbase provide tax documents?
Yes. Large exchanges like Coinbase issue annual tax forms (in the U.S., various 1099 forms depending on activity and year). Forms may not include your entire crypto activity (e.g., off-platform transfers, DeFi, NFTs), so connecting to CoinTracker gives you a complete picture.
How to get your Coinbase tax documents
Log in to Coinbase
Go to Taxes (Tax Center) → Documents
Choose the tax year
Download available 1099s and/or export full transaction history (CSV)
Upload the CSV to CoinTracker (if needed) to reconcile everything
When does Coinbase issue Form 1099-MISC?
U.S. platforms typically issue 1099-MISC when you earn $600+ in income such as staking/reward programs in a calendar year. Forms are generally made available by January 31 of the following year.
When does Coinbase issue Form 1099-B?
Form 1099-B may be issued to U.S. customers with reportable trades/disposals on the platform. Issuance is generally by January 31 of the following year (availability depends on the platform's current policy and applicable regulations).
When does Coinbase issue Form 1099-DA?
Starting with the 2025 tax year, U.S. digital asset brokers (including exchanges) must issue Form 1099-DA for covered digital asset transactions. Forms are typically due by January 31 and copies are sent to the IRS.
When does Coinbase issue Form 1099-K?
For crypto, 1099-K has effectively been phased out and replaced by 1099-DA beginning with the 2025 tax year. Depending on your activity, you may still receive 1099-MISC or 1099-B in addition to (or instead of) 1099-DA.
Why aren't my Coinbase documents accurate?
Exchange forms only reflect on-platform activity. Missing pieces like transfers from other wallets, NFT activity, cross-exchange trades, or DeFi can create gaps. CoinTracker consolidates all wallets and exchanges so your gains, income, and cost basis are complete.
Does Coinbase automatically deduct taxes?
No. Exchanges don't withhold taxes like an employer. They provide records and, in some cases, tax forms. You're responsible for filing. CoinTracker calculates your tax totals and generates the reports you need.
Does Coinbase report to tax offices?
Major exchanges may report certain activity to tax authorities (e.g., the IRS) via forms such as 1099-MISC, 1099-B, and 1099-DA (from 2025). Reporting generally covers on-platform activity only; you must still file a complete return for all your crypto transactions.
Does Coinbase provide financial or end-of-year statements?
Yes. In the Tax Center you can download official tax forms (when applicable) and transaction reports/CSV exports for your records. Import those into CoinTracker to reconcile all activity and produce accurate tax forms.