How to file taxes on Kraken

Coinpanda has direct integration with Kraken to simplify tracking your trades and tax reporting. Calculate your taxes and generate required tax reports and forms easily.

Get started with your Kraken taxes

There are a few ways you can import your transactions to Coinpanda:

• API connection: connect your account directly using API keys. This is the simplest way to synchronize all your trades and transactions automatically. Simply follow the steps below to get your API keys (key + secret) and your tax forms will be ready in less than 5 minutes.
• File upload: you can upload CSV/Excel file instead of connecting your account with API keys.
• Add manual: you can always manually add transactions one by one from the Transactions page.

Remember also to tag your transactions if you have received airdrops, forks or staking rewards!

Kraken API connection

To add your Kraken account to Coinpanda, follow these steps:

1. Go to the API keys page by clicking your username at the top right corner, then ‘Settings’, and select the ‘API’ tab.
   (https://www.kraken.com/u/settings/api)
2. Click ‘Generate New Key’.
3. Enable permissions for the following:
   – Query Funds
   – Query Closed Orders & Trades
   – Query Ledger Entries
4. Click ‘Generate Key’.
5. Copy your API key and API secret to Coinpanda.

Kraken file upload

1. Click ‘History’ in the top bar on the Kraken trading dashboard page.
   (https://www.kraken.com/u/history/ledger)
2. Click ‘Export’.
3. From the dropdown, select ‘Ledgers’. Then select your time range.
4. Click ‘Select All’ to select all fields.
5. Click ‘Submit’ and then download the CSV file when ready.
6. Upload your CSV file to Coinpanda.