Eligible Binance.US customers can connect their accounts to a variety of crypto tax tools, including TaxBit, which generates free, ready-to-file crypto tax forms for all their Binance.US transactions. This free-to-use integration makes filing your crypto taxes that much simpler this tax-filing season.
What is TaxBit?
TaxBit is a third-party cryptocurrency tax and accounting platform that offers free tax forms to help users file their returns.
Our integration with TaxBit offers customers a simple and free tax-reporting resource. TaxBit supports 500+ cryptocurrency sources via API and CSV upload. In addition, Binance.US is part of the TaxBit Network. Customers filing as individuals can consolidate cryptocurrency data across any platform within the TaxBit Network.
Note: As a matter of policy, Binance.US does not endorse any tax and accounting platforms. Customers should do their own research to determine which platform works best for their specific needs.
How to connect my Binance.US account to TaxBit
To connect your Binance.US account to TaxBit, you'll first need to Generate your Tax API Key on Binance.US. Then, complete the following steps:
- Log in to your TaxBit account.
- Select Add Sources
- Select Search Source
- Search for and select “Binance.US”.
- Paste your Binance.US Tax API Key and Secret Key to connect your Binance.US account to TaxBit.
Note: Sharing your Tax API Key and Secret Key grants TaxBit read-only access to your Binance.US transaction history.
For detailed step-by-step information, visit TaxBit’s Binance.US API Guide.
How do I know what is taxable? How do I calculate gains and losses?
For additional information on cryptocurrency taxes, including downloadable links to relevant cryptocurrency tax forms, visit our Cryptocurrency Tax Reporting 101 page.
- Cryptocurrency Tax Reporting 101 (FAQ)
- How To Generate Your Tax API Key (FAQ)
- How To Manually Export Your Binance.US Transaction History (FAQ)
- How To Connect Your Binance.US Account to CoinTracker (FAQ)
- How To Connect Your Binance.US Account to CoinTracking (FAQ)
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