You can generate your gains, losses, and income tax reports from your Voyager investing activity by connecting your account with CoinLedger. Connect your account by importing your data through the method discussed below.
File these crypto tax forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.
You can generate your gains, losses, and income tax reports from your Voyager investing activity by connecting your account with CoinLedger. Connect your account by importing your data through the method discussed below.
File these crypto tax forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.
You can generate your gains, losses, and income tax reports from your Voyager investing activity by connecting your account with CoinLedger. There are a couple different ways to connect your account and import your data:
Both methods will enable you to import your transaction history and generate your necessary crypto tax forms in minutes. File these forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.
You can generate your gains, losses, and income tax reports from your Voyager investing activity by connecting your account with CoinLedger. There are a couple different ways to connect your account and import your data:
Both methods will enable you to import your transaction history and generate your necessary crypto tax forms in minutes. File these forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.
You can generate your gains, losses, and income tax reports from your Voyager investing activity by connecting your account with CoinLedger. Connect your account by importing your data through the method discussed below:
File these crypto tax forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.
Cryptocurrencies like bitcoin are treated as property by many governments around the worldâincluding the U.S. Other forms of property that you may be familiar with include stocks, bonds, and real-estate.
Just like these other forms of property, cryptocurrencies are subject to capital gains and losses rules, and you need to report your gains, losses, and income generated from your crypto investments on your taxes.
For a complete and in-depth overview, please refer to our Complete Guide to Cryptocurrency Taxes.
To do your cryptocurrency taxes, you need to calculate your gains, losses, and income from your cryptocurrency investments in your home fiat currency (e.g. USÂ Dollar, Australian Dollar, etc.).
Once you have your calculations, you can fill out the necessary tax forms required by your country. If you are in the United States, you can learn which forms you need to fill out with our blog post: How to Report Cryptocurrency On Your Taxes.
Many cryptocurrency investors use additional exchanges, wallets, and platforms outside of Voyager. Perhaps you also trade on Coinbase or earn interest from BlockFi. The trouble with Voyager's reporting is that it only extends as far as the Voyager platform. If you use additional cryptocurrency wallets, exchanges, DeFi protocols, or other platforms outside of Voyager, Voyager can't provide complete gains, losses, and income tax information.
By integrating with all of your cryptocurrency platforms and consolidating your crypto data, CoinLedgerâs cryptocurrency tax software and crypto portfolio tracker are able to track your profits, losses, income, and generate accurate tax reports in a matter of minutes.
You can test out the software and generate a preview of your gains and losses completely for free by creating an account.
Learn more about how CoinLedger works here.
Voyager and CoinLedger have partnered up to make tax reporting seamless for Voyager users.
In this guide, weâll break down what you need to know about how your Voyager transactions are taxed and share a step-by-step process to help you generate a complete Voyager tax report with CoinLedger.
Voyager is a mobile-based crypto broker that offers crypto interest accounts and zero-fee trading. Voyager was founded in 2018 by Steve Ehrlich, former CEO of E*Trade, and Oscar Salazar, co-founder of Uber.Â
In July 2022, Voyager filed for Chapter 11 bankruptcy due to market volatility and liquidity issues. Previously, the exchange had paused withdrawals for all customers.
In August 2023, Voyager withdrew all assets from customer accounts and subsequently deposited roughly 30% of the value of those assets back into customersâ accounts.Â
The assets that were deposited back into customer accounts were either ~30% of the same token that was originally withdrawn or the equivalent amount of USDC.Â
If users did not withdraw assets from Voyager during this timeframe, all remaining assets were liquidated to USD and a check denominated in USD was mailed out.Â
For more information, check out our guide to the Voyager bankruptcy.Â
Receiving bankruptcy funds may be considered taxable or non-taxable depending on the specifics of the transaction.Â
Non-taxable: If your cryptocurrency was not liquidated by Voyager and you simply received a smaller amount of the same cryptocurrency, you wonât be required to pay taxes yet. Because there was no âdisposalâ of crypto, there is no taxable event.Â
âTaxable: If your funds were liquidated by Voyager, you will likely be subject to capital gains tax (even if you did not receive the majority of the funds from the liquidation). A liquidation is considered a taxable disposal, so youâll incur a capital gain or loss depending on how the value of your crypto changed since you originally acquired it.
To simplify the tax reporting process, Voyager has partnered with CoinLedger this tax season. The CoinLedger platform can automatically classify your deposits as taxable or non-taxable once you connect your Voyager account!Â
As a result of the Voyager +Â CoinLedger partnership, all Voyager users will receive email communication from Voyager with a link to sign up and register for a CoinLedger account. If you didnât receive a link, you can simply go to the CoinLedger website and sign up for an account on your own or from the Voyager website.
When registering for your CoinLedger account, you need to sign up using the same email address that you use for your Voyager account. If you do not use the same email address, you will not be able to import your transaction history from Voyager.
After sign up, youâll be welcomed into the CoinLedger app and ushered through the onboarding steps.
After verifying your email address, you will be able to link your Voyager account to CoinLedger and import your complete Voyager transaction history.
If you came to CoinLedger directly from the Voyager email that was sent out, you will be asked to link your account in the onboarding steps. If you signed up for CoinLedger on your own, you can access the Voyager + CoinLedger account link (as pictured above) by adding Voyager as a Source in Step 1: Import.
Complete the fields on the account linking page to enable CoinLedger to automatically retrieve and import your Voyager transactions historyâno manual work required!
Your Voyager transaction history will be imported based on the taxability of each transaction.
Once your crypto transaction history has been imported to CoinLedger, you are ready to generate and download your tax reports.
Once youâre done, you can export your complete crypto tax forms to platforms like TurboTax and TaxAct or send them directly to your accountant!Â
Get started reporting your Voyager taxes today with CoinLedger. More than 500,000 crypto investors use the platform to generate crypto tax reports stress-free!
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Join 500,000 people instantly calculating their crypto taxes with CoinLedger.
