CoinVoyager

How to Do Your Voyager Taxes

How To Do Your Voyager Taxes

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

Voyager Tax Reporting

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.

  • Voyager exports a complete Transaction History file to all users. Simply navigate to your Voyager 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.

Voyager Tax Reporting

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.

  • Voyager supports importing data via read-only API. This allows automatic import capability so no manual work is required.
  • Connect CoinLedger to your Voyager 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.

Voyager Tax Reporting

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:

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

Voyager Tax Reporting

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:

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

Voyager Tax Reporting

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:

  • Navigate to your Voyager 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 Voyager Generate My Tax Forms?

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.

How Does Cryptocurrency Tax Software Help?

By integrating with all of your cryptocurrency platforms and consolidating your crypto data, CoinLedger is able to track your profits, losses, and 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, we’ll discuss everything you need to know to accurately file your taxes. We’ll break down the basics of how cryptocurrency is taxed and share how Voyager customers can automatically generate their complete crypto tax reports with CoinLedger.

What is Voyager? 

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. 

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.

Will I get my Voyager holdings back? 

At this point, it’s unclear whether Voyager customers will receive access to their funds after bankruptcy proceedings have been completed. In the event that you permanently lose access to your Voyager holdings, it’s likely that you can write off the value of your lost crypto as a capital loss. 

For more information, check out our guide to claiming losses from exchange bankruptcies.

What taxes do you need to pay on Voyager? 

The IRS considers cryptocurrency a form of property that is subject to both income and capital gains tax. 

Income tax events: If you earn cryptocurrency as a form of income, this is considered personal income and will be taxed accordingly. Earning interest on Voyager would fall into this category. 

Capital gains events: You incur capital gains or losses every time you dispose of your cryptocurrency. Selling your cryptocurrency on Voyager or another exchange would fall into this category. 

Typically, trading cryptocurrency for other cryptocurrencies is considered a disposal event and is subject to capital gains tax. However, Voyager currently does not support crypto-to-crypto trades.

For more information, check out our guide to how cryptocurrency is taxed.

Does Voyager report to the IRS? 

Voyager’s privacy policy states that the platform reserves the right to release customer data to law enforcement when it is compelled to do so. 

Why doesn’t Voyager provide me with my full tax forms? 

Unfortunately, all cryptocurrency exchanges struggle to provide users with complete gains, losses, and income tax history. 

Because of the peer-to-peer nature of cryptocurrencies, tokens are transferred to different wallets and different exchanges on a regular basis. This makes it difficult for any one exchange or wallet provider to generate comprehensive tax reports. 

Consider the following example. 

Voyager cryptocurrency taxes

In this case, Voyager cannot tell what David’s cost basis was for acquiring his tokens since it took place outside of the platform. This makes it difficult for Voyager to accurately calculate capital gains and losses for users.

This year, Voyager partnered with CoinLedger to help users easily report their taxes. All Voyager users can claim a CoinLedger 2021 tax report.

How to do your Voyager Taxes 

As a result of the Voyager + 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 didn’t 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, you’ll be welcomed into the CoinLedger app and ushered through the onboarding steps.

Voyager and CoinLedger Partnership

Link your Voyager account

After verifying your email address, you will be able to link your Voyager account to CoinLedger and import your complete Voyager transaction history.

Voyager import in CryptoTrader.Tax

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 history—no manual work required!

Your Voyager transaction history will be imported based on the taxability of each transaction.

Generate and download your tax reports

Once all of your crypto transaction history has been imported to CoinLedger, you are ready to generate and download your tax reports.

Navigate directly to the Tax Reports tab to generate your gains, losses, and income tax reports.

Do your Voyager taxes today

Looking to get started with your crypto tax filing today? Try CoinLedger. You can import your transactions from Voyager and any other exchange you’re using for free.

Get started with a free account today.

Calculate Your Crypto Taxes

  • Check
    No credit card needed
  • Check
    Instant tax forms
  • Check
    No obligations
Get Started For Free