How to Do Your Exodus Taxes

How To Do Your Exodus Taxes

CoinLedger imports Exodus data for easy tax reporting. Create the appropriate tax forms to submit to your tax authority.

on this page

Exodus Tax Reporting

You can generate your gains, losses, and income tax reports from your Exodus investing activity by connecting your account with CoinLedger. Connect your account by importing your data through the method discussed below.

Exodus exports a complete Transaction History file to all users. Simply navigate to your Exodus account and download your transaction history from the platform.
Import your transaction history directly into CoinLedger. Import the file as is. No manual work is required!
CoinLedger automatically generates your gains, losses, and income tax reports based on this data.

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.

Exodus Tax Reporting

Exodus supports importing data via read-only API. This allows automatic import capability so no manual work is required.
Connect CoinLedger to your Exodus account with the read-only API.
Let CoinLedger import your data and automatically generate your gains, losses, and income tax reports.

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.

Exodus Tax Reporting

You can generate your gains, losses, and income tax reports from your Exodus investing activity by connecting your account with CoinLedger. There are a couple different ways to connect your account and import your data:

Automatically sync your Exodus account with CoinLedger via read-only API. This allows your transactions to be imported with the click of a button.
Upload your Exodus Transaction History CSV file to CoinLedger. You can download your Transaction History CSV directly from Exodus and import it into CoinLedger

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.

Exodus Tax Reporting

Automatically sync your Exodus account with CoinLedger by entering your public wallet address. This allows your transactions to be read in directly from the blockchain.
Upload a Exodus Transaction History CSV file to CoinLedger

Exodus Tax Reporting

Navigate to your Exodus account and find the option for downloading your complete transaction history.
Import your transaction history directly into CoinLedger by mapping the data into the preferred CSV file format.
CoinLedger automatically generates your gains, losses, and income tax reports based on this data.

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.

How Cryptocurrency Taxes Work

Cryptocurrencies like bitcoin are treated as property by many governments around the world—including 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.

How To Do Your Crypto 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. US 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.

Why Can't Exodus Generate My Tax Forms?

Many cryptocurrency investors use additional exchanges, wallets, and platforms outside of Exodus. Perhaps you also trade on Coinbase or earn interest from BlockFi. The trouble with Exodus's reporting is that it only extends as far as the Exodus platform. If you use additional cryptocurrency wallets, exchanges, DeFi protocols, or other platforms outside of Exodus, Exodus can't provide complete gains, losses, and income tax information.

How Does Cryptocurrency Tax Software Help?

By integrating with all of your cryptocurrency platforms and consolidating your crypto data, CoinLedger’s 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.

Exodus is a self-custody wallet, so doing your Exodus taxes works a little differently than on a centralized exchange. Whether you file by hand or use crypto tax software, it comes down to four steps:

Gather your full on-chain Exodus history: every trade, swap, deposit, withdrawal, and reward, across every network you used.
Sort your activity. Moving crypto between your own wallets is not taxable, but disposals (like swaps) and crypto that comes in as income (like staking rewards) are.
Calculate your capital gain or loss on each disposal, plus the value of any crypto income at the time you received it.
Report it on the right forms. In the US, capital gains go on Form 8949 and Schedule D, and crypto income goes on Schedule 1. These forms get included with your full tax return. Other countries have their own equivalents.

For a detailed explainer on reporting crypto, see our guide on how to report your cryptocurrency on your taxes.

Because Exodus is a self-custody wallet, it gives you no formal tax forms and no finished tax report: everything lives on-chain, and reconstructing it is your responsibility. That is where crypto tax software comes in. CoinLedger reads your Exodus addresses, pulls in your full on-chain history, connects it to every other wallet and exchange you use, and generates your tax forms automatically. More than 700,000 investors use it to file in minutes. Get started with a free account today, or keep reading to do it yourself.

Do you have to pay taxes on Exodus?

Yes. Cryptocurrency is treated as property, so in the US and most other countries your Exodus activity is subject to two kinds of tax:

Capital gains tax. When you dispose of crypto (swapping one coin for another, including with the built-in exchange, or selling it), you recognize a capital gain or loss based on how the price changed since you received it. Transferring crypto between wallets you own is not a disposal and is not taxable.
Income tax. When you earn crypto (through staking rewards), you recognize ordinary income equal to its fair market value at the time you received it.

For a full breakdown, read our complete guide to cryptocurrency taxes.

How is staking taxed?

Exodus lets you stake assets such as Solana, Cardano, and Cosmos. Staking rewards are ordinary income at their fair market value on the day you receive them. That value also becomes your cost basis, so when you later sell or swap those tokens, you recognize a capital gain or loss based on how the price moved in the meantime.

What tax forms does Exodus provide?

None. Exodus is a self-custody wallet: it holds no personal information and does not act as a broker, so it does not issue Form 1099-DA, 1099-MISC, or 1099-B.

You may have read that this was about to change, and that wallets might have to report like brokers. They do not. The IRS rule that would have required decentralized platforms to report was repealed in April 2025, so no reporting requirement applies to a self-custody wallet like Exodus. (The separate rule requiring centralized exchanges to issue Form 1099-DA still stands, but it does not apply to non-custodial wallets.) Reconstructing your history and self-reporting it remains your responsibility.

Does Exodus report to the IRS?

No. Because it is non-custodial and collects no personal information, Exodus does not report your activity to the IRS.

That does not make your activity invisible. Transactions on public blockchains like Bitcoin, Ethereum, and Solana are permanent and visible on-chain, and the IRS has worked with analytics firms such as Chainalysis to link wallet addresses to the people behind them, especially once funds touch a KYC exchange. And no reporting does not mean no tax: US persons owe tax on every disposal and all staking income, and must self-report it whether or not anyone sends a form.

Why isn't my Exodus tax report accurate on its own?

Exodus only sees the activity tied to your Exodus addresses. Because investors move crypto across many wallets, chains, and exchanges, no single wallet can see the original cost basis of assets you moved in from somewhere else, so it cannot calculate your gains and losses correctly.

Example: why transfers break your cost basis

Tomas buys $1,000 of BTC on a centralized exchange. He transfers it to his Exodus wallet, and later, when the BTC is worth $1,500, swaps it for another coin.

Exodus only sees the $1,500 swap, not the $1,000 Tomas originally paid. Without his cost basis, his $500 gain cannot be calculated correctly, and the full $1,500 could be treated as a gain.

The fix is to bring every wallet, chain, and exchange into one place so your cost basis follows your crypto everywhere it goes. That is exactly what crypto tax software like CoinLedger does.

How to file your Exodus taxes in minutes

Because Exodus is on-chain, CoinLedger imports your history directly. There are two ways to connect: by wallet address, or by file upload.

Option 1: Wallet address

In Exodus, select an asset, choose Receive, and copy the public address.
In CoinLedger, go to Add Account, choose Exodus, and paste the address, then select the matching blockchain.
CoinLedger scans that address, detects the other chains it has been used on, and prompts you to import each one. Because Exodus gives you a different address per chain, add each address you used.

Option 2: File upload (CSV)

In Exodus, open the History icon, click the three-dot menu, and choose Export All Transactions to download a CSV.
In CoinLedger, go to Add Account, choose the Exodus tab, and upload the file.

One thing to know about the CSV: it does not include the fiat cost of crypto you bought inside Exodus, so those buys can import without a cost basis and may need a quick correction. Full steps are in our Exodus import guide.

Once your transactions are in, CoinLedger matches your transfers, calculates your gains, losses, and income, and produces a complete tax report. You can file it yourself, hand it to your tax professional, or import it into TurboTax, TaxAct, or H&R Block.

Get started with CoinLedger today

Take the stress out of tax season. More than 700,000 investors around the world use CoinLedger to track their gains, losses, and income across all of their wallets and exchanges.