How do I connect my eToro account to CoinTracker?
Login to eToro and click here to download your account statement
Import the downloaded account statement file here
Alternatively, you can manually upload data for a specific date range by following these steps
Login to eToro and navigate to Account Settings page
Select View next to Account Statement
Select a date range
RECOMMENDEDUse a custom date range if the preset options do not cover your desired date range
Select Create
Select the xls icon at the top-right of the page
to download the account statement file
Import the downloaded account statement file here
How are eToro transactions taxed?
On eToro, both crypto and traditional investment activity can trigger taxes depending on your location and account type.
For crypto, the following rules apply:
Capital gains tax: Applies when you sell, trade, or spend crypto. Each disposal is compared against your purchase cost (cost basis).
Income tax: Applies to staking rewards, copy trading bonuses, or other income-type rewards. The fair market value at receipt counts as income.
CoinTracker helps you track your cost basis, realized gains, and income across all your eToro activity automatically.
Do I have to pay taxes on eToro?
Yes.
Crypto: Taxable when sold, traded, or used for purchases.
Stocks and ETFs: Taxed according to standard capital gains and dividend rules.
Staking or referral rewards: Taxed as income when received.
Simply holding crypto or stocks is not taxable.
By syncing eToro with CoinTracker, you'll know exactly what to report for each asset type.
Does eToro provide tax documents?
Yes. eToro provides account statements and, depending on your region, may issue official tax forms.
For U.S. customers, eToro generally issues Form 1099-MISC and Form 1099-B.
However, these may only reflect your on-platform activity.
CoinTracker consolidates eToro with your other wallets and exchanges to ensure a full and accurate report.
How to get your eToro tax documents
Log in to eToro.
Go to Portfolio → History → Statements.
Choose the tax year you want.
Download your tax statement (PDF or CSV).
Upload your file to CoinTracker, or connect via API to sync trades and calculate taxes automatically.
When does eToro issue Form 1099-MISC?
U.S. users who earned $600 or more in income (e.g., staking, copy trading bonuses, or promotions) during a calendar year receive Form 1099-MISC.
It's typically available by January 31 of the following year and is also filed with the IRS.
When does eToro issue Form 1099-B?
eToro issues Form 1099-B to U.S. customers summarizing sales and disposals of crypto or securities.
It lists each transaction's proceeds and cost basis for reporting on Form 8949 and Schedule D.
Forms are usually issued by January 31 annually.
When does eToro issue Form 1099-DA?
Starting with the 2025 tax year, eToro will issue Form 1099-DA for digital asset transactions, following the IRS's new broker reporting requirements.
The 1099-DA standardizes reporting for crypto trades and disposals and is due to users and the IRS by January 31 each year.
When does eToro issue Form 1099-K?
eToro does not issue Form 1099-K for crypto transactions.
Beginning with the 2025 tax year, the 1099-DA will replace it for digital asset reporting.
Why aren't my eToro documents accurate?
Your eToro statements might not include:
Transfers between wallets/exchanges
Off-platform crypto activity (e.g., MetaMask, Coinbase)
DeFi or NFT trades
CoinTracker fills these gaps by automatically syncing all wallets and exchanges for complete, compliant tax reports.
Does eToro automatically deduct taxes?
No. eToro does not withhold or automatically deduct taxes on crypto or investment activity.
You're responsible for calculating and paying your taxes.
CoinTracker automates this by computing your realized gains, losses, and income, then generating pre-filled tax forms.
Does eToro report to tax offices?
Yes. eToro reports certain activity to tax authorities, including the IRS, through official forms like 1099-MISC, 1099-B, and, from 2025, 1099-DA.
However, those reports only reflect on-platform activity, so CoinTracker ensures your complete portfolio — across all exchanges and wallets — is accurately covered.
Does eToro provide financial or end-of-year statements?
Yes. You can download detailed account statements, trade histories, and annual summaries from the eToro platform.
Import these into CoinTracker to generate accurate, end-of-year tax forms and portfolio summaries.