How to do your eToro taxes & integrate eToro with Accointing
Connect eToro with Accointing via CSV - use our free portfolio tracker, or calculate your eToro taxes with Accointing for mobile and desktop
eToro offers a unique combination of social trading and multi-asset brokerage to bring cryptocurrencies to a larger audience. The exchange platform is known for its copy trading tools and social network, which provide users with a safe way of investing without worrying about the technical aspects.
How does eToro tax reporting work?
If you’re looking for an eToro tax report, you’re in the right place. There’s no way to get such a tax report directly from eToro. However, you can use Accointing’s eToro calculator and eToro portfolio tracker to analyze your transaction history, calculate your eToro taxes and generate a tax report in the format specific to your country’s requirements.
First, you need to connect your account and import your eToro transaction and trade history into Accointing; there are several ways to do it:
CSV - export of transaction history from eToro and import into Accointing
Accointing template - download our template, fill, and upload your data
Integrate with Accointing via the eToro API
eToro currently does not provide an API connection. Therefore, you’ll have to do the integration manually by importing a CSV file.
Integrate with Accointing via the eToro CSV file
Importing a CSV file of your eToro account transactions is simple. Follow this simple step-by-step guide to integrate quickly.
Downloading CSV files from eToro
Login to your eToro account, and click the “Portfolio” item on the left vertical menu.
Hover over the top menu and select “History.”
Click the settings icon on the top right corner and select “Account Statement.”
On your next window, specify the timeframe, scroll to the page’s end, and click the CSV icon to download the file.
Importing CSV files into Accointing
Log into your Accointing profile.
Under the “Wallets” menu, select “Add Wallet.”
Select “Exchange,” then search for eToro in the search field.
Click on the “File import” option, then “Continue.”
Specify the wallet name and click the import option to browse for the CSV file.
Choose import “All” or click the date icon to specify the start date.
Click “Save” to begin importing data.
That’s it; you’re all set.
How to review and track your eToro transactions in Accointing
It’s important to note that Accointing will only import data related to crypto trading from your eToro account. Therefore, don’t be surprised if you notice that something unrelated to crypto is missing.
Once done with importing eToro transactions, proceed to the Accointing dashboard to view your portfolio summary.
Select the relevant start and end dates to analyze your eToro performance history, profits, and losses.
View and click the various cryptocurrency assets to analyze your buy and sell dates. You’ll also be able to pick more than one asset concurrently to make a performance comparison for selected dates.
You can now keep track of your total eToro investments portfolio, distribution, and spread. Also, find out which assets are in what wallets or exchanges.
Common issues with importing transactions from eToro
Accointing supports all cryptocurrency trades. When importing from eToro, you’ll notice that some data aren’t imported. That’s because Accointing omits non-crypto trading data.