Even before adding cryptocurrency into the mix, tax time can be complicated and confusing. That’s why the Opera Crypto Browser has partnered with Koinly to simplify tax reporting, just in time for tax season in the United States.
Launched in January 2022, the Opera Crypto Browser offers crypto-oriented privacy and security enhancements such as Web3 Guard, ad-blocking, and a free no log VPN. It also features a built-in crypto wallet, allowing users to connect to various blockchains to buy, sell, and trade crypto and NFTs seamlessly. Now, with Koinly, we’ve gone and added crypto tax functionality to the package to offer you assistance with your crypto-related tax needs. The decision of whether or not to use Koinly, however, is fully up to you.
Although crypto tax rules vary globally, Koinly is equipped to do the job across many markets. The platform uses an intuitive interface and AI-led automation to generate crypto tax reports tailored to your local tax office, such as the IRS Schedule D & Form 8949, the ATO myTax report, and the UK’s HMRC Capital Gains Summary. As soon as you’re ready to file, simply download the report you need, when you need it. If ever you’re unsure, you can refer to Koinly’s comprehensive tax guides and video tutorials available to guide you.
Koinly assists crypto investors in over 20 countries to file their crypto taxes. Koinly does this by importing an investor’s transactions from various exchanges, wallets and blockchains, calculating their taxable income and capital gains, and generating a tailored crypto tax report.
Signing up for Koinly
Koinly can be easily accessed through the sidebar in the Opera Crypto Browser for computers or through a link inside of the Opera Wallet interface, allowing you to manage your crypto and NFT portfolios. Import your crypto holdings via API, CSV, or a public wallet address to view your entire trading history at the touch of a button.
If you are interested in Koinly as your crypto tax solution, you can enjoy it through the Opera Crypto Browser starting from today!
Note: Creating a Koinly account is at the discretion of each user. Opera is not responsible for reporting taxes on its users’ behalf.