How do I connect my FTX US account to CoinTracker?
Re-format your FTX US transactions into this CSV format
Import the CSV file here
How are FTX US transactions taxed?
Crypto transactions on FTX US are taxable under IRS rules: Capital gains tax: Applies when you sell, trade, or convert crypto. Your taxable gain is the difference between your cost basis (purchase price) and sale price. Income tax: Applies when you earned crypto through staking, referrals, airdrops, or interest programs. The market value when received counts as ordinary income. CoinTracker automatically classifies your historical FTX US data to calculate your total gains, losses, and crypto income accurately.
Do I have to pay taxes on FTX US activity?
Yes. Even though FTX US is no longer operational, all your historical trading activity remains taxable and must be reported. You must declare: Spot and derivatives trades USD withdrawals and crypto disposals Staking or Earn income Referral or bonus rewards CoinTracker helps reconstruct your full activity, ensuring your 2022 and prior tax filings remain complete and IRS-compliant.
Does FTX US provide tax documents?
Partially. Before its shutdown, FTX US issued Form 1099-MISC to qualifying users with rewards income. However, most users will need to rely on historical exports or data recovery files from FTX US or the FTX Debtors Portal. You can upload these exports directly to CoinTracker to recreate your trade history and generate compliant tax reports.
How to get your FTX US tax documents
Visit the FTX Debtors Customer Claims Portal Log in using your registered FTX US email address.
Download your available trade, deposit, and withdrawal data (usually as .csv or .zip files).
If available, retrieve account statements from email or third-party aggregators (e.g., Koinly, TaxBit).
Upload your files to CoinTracker under Add Account → FTX US → Upload CSV.
When did FTX US issue tax forms?
FTX US issued Form 1099-MISC for users earning more than $600 USD in crypto rewards during 2021 and early 2022. After the collapse, no further 1099s were issued. CoinTracker automatically generates your equivalent Form 8949, Schedule D, and income summaries for accurate self-reporting to the IRS.
Why aren't my FTX US reports accurate?
Your reports may appear incomplete if: Your CSVs exclude Earn, NFT, or margin trades. Some on-chain deposits or withdrawals weren’t matched to your exchange data. You used multiple subaccounts or transferred assets between FTX US and FTX.com. CoinTracker cross-checks your wallet activity and uses market-based valuations to fill in any missing cost basis or proceeds for accuracy.
Does FTX US automatically deduct taxes?
No. FTX US did not withhold or remit taxes on user trades or income. You are responsible for calculating and paying taxes on realized gains and income. CoinTracker simplifies this by producing detailed gain/loss reports, income summaries, and audit-ready transaction logs.
Does FTX US report to the IRS?
Yes — partially. FTX US issued some 1099-MISC forms to the IRS before its 2022 bankruptcy filing. However, not all accounts or trades were included. CoinTracker ensures your records match what may have been reported, reducing risk of discrepancies or audits.
Does FTX US provide financial or end-of-year statements?
Yes — if you recover them via the claims portal. Download all available year-end account summaries and trade exports, then import them to CoinTracker for automatic calculation of your capital gains, income, and portfolio performance.