In this guide, we'll walk you through the steps you need to take to automate your mining taxes with our tax professional partner, CoinTracking.
If you have any questions about these services past what this article answers, please visit our FAQs page for more info.
To automate the tax process for your mining revenue, you'll first have to sign up for CoinTracking's services (you can receive 10% off using our referral link.)
Once you sign up, sign in to your Luxor mining account.
To download your mining transaction history and upload it to the sites manually, you can do so by going to the homepage, clicking on "Revenue" and then clicking on "Download CSV" on the "Transactions" section.
Uploading Tax Information to CoinTracking
Once you have your CSV downloaded, log in to your CoinTracking account. Go to the "Report Coins" drop down menu, and then go to the "Exchanges" menu, where you will find Luxor listed. From here, you will see a field to upload your CSV.
Don't feel like paying for our partners' service or just want to do your taxes yourself? That's ok too! We wrote a guide just for that reason, and it can walk you through all of the considerations you need to take into account when reporting your taxes as well as which forms you'll want to fill out.
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