How to Report Your PayPal Taxes
Coinpanda has direct integration with PayPal to simplify tracking your trades and tax reporting. Calculate your taxes and generate all required tax reports and forms easily.
Prepare your tax forms for PayPal
There are a few ways you can import your transactions to Coinpanda:
- API import: PayPal does not support API connection right now, so we recommend using file upload as described below.
- File upload: You can upload a CSV/Excel file instead of connecting your account with API keys by following the steps explained below.
- Add manual: The last option is to manually add transactions one by one from the Transactions page. This is only recommended if you have very few transactions.
Remember also to tag your transactions if you have received airdrops, forks or staking rewards!
Supported transaction types
It is important that you import all transactions from PayPal to Coinpanda to calculate your taxes accurately. Coinpanda supports the following transaction types from PayPal today:
|Tx Type||API import||CSV file upload|
Import trades automatically with API
PayPal does not support API connection at the moment. You can use file upload for now.
Upload a CSV file to Coinpanda
There should be a button for exporting your entire transaction history from PayPal as a CSV file. When you have this ready, simply import the file into Coinpanda to generate your tax report.
CSV files exported from PayPal seem to not always have the same header format. If file upload is not working for you, please contact us at email@example.com and include the file as an attachment.