How to Report Your Ink Taxes

What is Ink?

Ink is an Ethereum Layer 2 blockchain built around DeFi, with users typically bridging assets to the network to swap tokens, provide liquidity, lend, borrow, or use yield protocols. It is part of the Optimism Superchain and uses ETH for network fees, so many transactions look similar to other EVM-based chains in a wallet or block explorer. If Ink is part of your crypto activity, this guide explains how to report those transactions with Coinpanda.

How to do your Ink taxes

You can easily report your Ink taxes by connecting your Ink wallet address to Coinpanda using the API or by uploading a CSV file. Coinpanda automatically imports your transactions, calculates your capital gains and income, and generates ready-to-file tax reports for Ink.

Supported transactions

Coinpanda supports the most common transaction types from Ink. See the full overview below to confirm which transactions are supported before you connect your account.

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How to connect Ink with API

We are only requesting view permissions. This does not give us access to your private keys or the ability to move your funds.

Coinpanda will automatically sync all transactions from a Ink public address you add. You will most likely find your public address after logging in to your Ink wallet. Next, copy and paste the address into Coinpanda, and all transactions will be imported automatically!

Not sure how to find the public address of your wallet? We have written instruction articles for the most popular cryptocurrency wallets used today on our integration pages.

Remember that you must add all your wallet addresses to Coinpanda for your tax calculations to be accurate. This also includes wallet addresses you are not actively using anymore.

Due to the complexity of Ethereum and other EVM chains, we update the API integration for Ink every week. If you suspect one or more transactions were previously not imported correctly, we recommend deleting and reimporting all transactions, which should normally fix the issue.

If you still see a transaction that was not imported correctly, please reach out to us so that we can look into it. We can usually fix any import errors within a few days.

How to connect Ink with CSV

Follow these steps to export your transactions from Ink:

Unfortunately, Ink does not allow exporting your transaction history as a CSV file. Because of this, the best solution is to import using API in most cases. If you still want to use file upload, you can try exporting a CSV file from any block explorer instead.

You can also add transactions by uploading the Coinpanda generic file. We support both XLSX and CSV formats. Please follow the steps described in this guide.

How are Ink transactions taxed?

The exact tax implications on Ink transactions depend on which country you live in and the type of transactions you have made. However, in most countries, you must generally pay capital gains tax on all Ink transactions except transfers between your own wallets.

To learn more about how Ink transactions are taxed in your country, we recommend reading our in-depth guides to cryptocurrency taxes.

How do I file my Ink taxes?

First, you must calculate capital gains from all taxable Ink transactions. When this information is ready, you have everything you need to report capital gains in your annual tax return. However, the actual procedure for reporting crypto tax in the tax return might vary from country to country.

To calculate your capital gains, you must first export a complete history of all transactions made on the Ink blockchain. Once you have this data, you can calculate your capital gains or losses by determining the price at which you bought the cryptocurrency (your cost basis) and the price at which you sold it (your proceeds). Luckily, Coinpanda can help you with this and generate ready-to-file tax forms quickly and easily.

After downloading your Ink tax statements from Coinpanda, the last step is to report the capital gains on your tax return before the deadline. Most countries allow you to self-declare taxes online in 2026, but you can also get help from a professional tax accountant to file taxes for you.

Calculate your Ink taxes

How do I troubleshoot the imported Ink transactions to Coinpanda?

While we strive every day to ensure the highest possible accuracy when importing transactions from Ink to Coinpanda, it may happen that not all transactions are imported or that some data is imported incorrectly. Some reasons for this can be:

Changes in the Ink API
Updated CSV file format
The Ink API does not provide a complete record of all transactions

To get the best help from Coinpanda support, you must first identify which transactions are missing or incorrectly imported. To do this, we recommend comparing your transaction history on any Ink block explorer with the transactions imported into your Coinpanda account. See also our help article with an overview of known blockchain API limitations.

The quickest way to get help from our dedicated support team is to send a message in the Live Chat.

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Frequently asked questions

How do I get Ink tax documents?

The easiest way to get tax documents and reports is to connect your Ink account with Coinpanda, which will automatically import your transactions. After that, you can download complete tax reports for Ink.

Do I have to pay taxes for Ink?

Yes, all transactions on Ink involving the disposal of a crypto asset are, in most cases, taxable. You must also pay income tax on earned crypto, such as staking, airdrops, or interest rewards.

Is sending Ink taxable?

No, sending Ink is not taxed as long as you transfer between your personal wallets or exchange accounts.

How do I avoid paying taxes for Ink?

It is impossible to avoid paying taxes completely for Ink legally if you live in a country that taxes cryptocurrency. However, there are several ways to reduce your taxes, such as tax-loss harvesting.