In 2020, Coinbase will begin to issue the IRS Form 1099-MISC to US customers.
In addition, US customers were required to report their gains and losses to the IRS.
However, non-US customers will not receive any forms from Coinbase.
Hence, they must download their Coinbase transaction history for local tax obligations.
Users are given the ability to download their transaction history on Coinbase.
But you can only check your transaction history on the Coinbase website and not on the mobile app.
This is because the mobile app does not support it.
Get $10 USD in free Bitcoin by using this referral link: https://www.coinbase.com/join/lim_di1.
In this guide, you’ll learn how to download your Coinbase transaction history (for taxes) on the Coinbase website.
How to download your Coinbase transaction history
To download your Coinbase transaction history, you need to navigate to the “Reports” page on the Coinbase website.
On the “Reports” page, you’ll be able to find your Coinbase transaction history and download a CSV or a PDF report of it.
You can also filter the transaction history to any date.
For example, if you want to download your transaction history from the last 30 days, you can filter it to “30 days”.
By default, your transaction history will be filtered to “All time”.
This means that you’ll get a transaction history for every transaction that you’ve ever made on Coinbase since you’ve joined.
You can also filter it to an individual asset or a transaction type.
Here’s how you can download your transaction history on Coinbase:
- Sign in to Coinbase
- Click on the menu
- Select “Reports”
- Click on “Generate report”
- Generate a CSV or a PDF report
1. Sign in to Coinbase
Note: You need to use Coinbase on a desktop/browser to download your transaction history.
The first step is to go to the Coinbase website and sign in to your account.
Firstly, go to the Coinbase website.
You can either do this on a desktop or on a mobile browser (e.g. Safari, Chrome).
However, you cannot download your transaction history on the Coinbase mobile app.
This is because the Coinbase mobile app currently does not support it.
That said, it’s highly recommended that you use Coinbase on your desktop.
Once you’re on the Coinbase website, sign in to your account.
2. Click on the menu
Once you’ve signed in to Coinbase, you’ll land on your dashboard.
If you’re using the mobile version of the Coinbase website, you’ll see a menu icon on the top navigation bar.
Click on the menu icon on the top navigation bar.
On the other hand, if you’re using the desktop version of the Coinbase website, you’ll see your profile picture.
Hence, if you’re using the desktop version of Coinbase, click on your profile picture instead.
Then, proceed to the next step.
3. Select “Reports”
After you’ve clicked on the menu icon (on the mobile version of Coinbase), a navigation menu will open.
On the navigation menu, you’ll see multiple options such as your portfolio and prices.
Scroll down the navigation menu until you find the “Reports” option.
Click on “Reports” to go to the reports page.
If you’ve clicked on your profile picture on the desktop version of Coinbase, a navigation menu will open as well.
Similarly, click on “Reports” to go to the reports page.
4. Click on “Generate report”
Once you’re on the reports page, you’ll see a “Transaction history” tab.
The “Transaction history” tab provides information about the report.
It states that the report includes all orders for all cryptocurrencies you’ve bought, sold, or converted on Coinbase.
In addition, it includes cryptocurrencies that you’ve sent or received.
On the “Transaction history (all-time)” header, you’ll see a “Generate report” button.
Click on the “Generate report” button to generate a report of your Coinbase transaction history.
5. Generate a CSV or a PDF report
After you’ve clicked on “Generate report”, a “Download report” pop-up will open.
On the pop-up, you’ll see three dropdown boxes including “All time”, “All assets”, and “All transaction”.
Firstly, the “All time” dropdown box allows you to change the date of your transaction history.
By default, the dropdown box will be set to “All time”.
Secondly, the “All assets” dropdown box allows you to filter your transaction history to a specific cryptocurrency.
By default, the dropdown box will be set to “All assets”, which means that your transaction history will include every cryptocurrency.
Thirdly, the “All transactions” allows you to filter your transaction type such as “Buy”, “Sell”, “Convert”, and others.
Under the filters, you’ll see a couple of download options including “CSV” and “PDF”.
To generate your Coinbase transaction history, click on “Generate report” on the appropriate download option.
It’s recommended that you generate the PDF report instead of the CSV report.
After your transaction history is generated (it might take some time), you’ll be able to download it by clicking on “Download”.
You’ve successfully learned how to download your transaction history on Coinbase!
How do I export Coinbase transactions?
Here’s how you can export Coinbase transactions:
- Sign in to Coinbase and click on your profile picture.
- Click on “Reports”.
- Click on “Generate report”.
- Generate either a PDF or CSV report.
- Wait for the report to be generated.
- Once the report is generated, click on “Download” to download the report.
Conclusion
If you want to prepare your gains and losses on Coinbase for taxes, the recommended procedure is to download your transaction history on Coinbase by using the method in this guide.
However, it only includes your Coinbase gains/losses, and not other cryptocurrency exchanges.
If you want to prepare your gains and losses on other exchanges, you have to download your transaction history on their website.
If you don’t want to manually prepare your gains and losses, an alternative is to use a digital tax aggregator like CoinTracker.
A digital tax aggregator will automatically track your investment performance and taxes of your cryptocurrencies so you don’t have to do it yourself.
Further Reading
How to Use Coinbase: A Beginner’s Tutorial
