Paying taxes on crypto has never been easy, but even for experienced users, it can be tricky when using newer blockchains like Solana. With our mission to make crypto as accessible as possible, we want to support any users who want tax help.
We are excited to announce that we are working with CoinTracker to simplify crypto, NFT, and DeFi taxes for Phantom users. Paying taxes on crypto has never been easy, but even for experienced users, it can be tricky when using newer blockchains like Solana. With our mission to make crypto as accessible as possible, we want to support any users who want tax help.
As part of our partnership, Phantom users will receive some exclusive benefits:
- 25 free transactions - Get free tax reports on 25 transactions in your first year
- 10% discount - For those who need to upgrade to paid plans, get 10% off
- Seamless integration - Phantom users will be able to sync with CoinTracker almost instantly
Partnering with CoinTracker
Very few, if any, of the other tax software providers offer an integrated tax preparation solution for Solana. As the ecosystem grew exponentially in 2021, this is probably the first time that many people will have to navigate taxes on Solana.
We selected CoinTracker because we found it to be the most complete and innovative crypto tax software that we could find. CoinTracker is integrated with 400+ exchanges and wallets on 8,000+ blockchains. Please note that CoinTracker offers specialized support for US, UK, Canada, and Australia, but also provides a capital gains report that can be used for tax preparation across the world.
Commitment to Privacy
It’s important to note that while we worked with the CoinTracker team on this partnership, we are still maintaining our commitment to privacy and security. We do not track any personal identifiable information or asset balances and do not have the ability to share that with them. Any transaction data they use for taxes will be part of your own initiated onboarding process.
In addition, privacy and security are also fundamental pillars of CoinTracker’s infrastructure. They are SOC2-compliant, and run rigorous analysis programs including annual penetration testing and third-party reviews.
To get started with our CoinTracker integration and partnership, please visit our tax resources page.