Are you confident in accurately reporting cryptocurrency earnings on your tax returns?

How do I report my Linea taxes?

The easiest way to report your Linea taxes is to connect your Linea wallet to CoinTracker. CoinTracker automatically syncs your transactions, including bridging, swaps, DeFi activity, NFTs, and rewards—then calculates your capital gains, income, and cost basis to generate tax forms ready to file with the IRS or your local tax authority.

How do I connect my Linea account to CoinTracker?

To add your Linea transactions to CoinTracker:

  1. Download the CSV export of your transactions from Linea

  2. Reformat those transactions into our CoinTracker CSV format (see our support guide here)

  3. Import your CSV export to CoinTracker here

How to find your Linea public address

Your Linea address is the same as your Ethereum address, since Linea is an EVM-compatible Layer 2 network built by ConsenSys.

Browser wallets (e.g., MetaMask, Rabby, Brave Wallet):

  • Open your wallet extension.

  • Make sure you're connected to the Linea Mainnet.

  • Click your account name or Receive.

  • Copy your 0x... public address.

Mobile wallets (e.g., MetaMask, Trust Wallet, Zerion):

  • Open your wallet app.

  • Switch the network to Linea Mainnet.

  • Tap Receive.

  • Copy your 0x... public address (same as Ethereum).

Hardware wallets (e.g., Ledger, Trezor):

  • Connect your device and open the Ethereum app.

  • In your companion interface (e.g., MetaMask), set the network to Linea.

  • Click Receive and copy your 0x... public address.

Your public address can safely be shared for deposits or tracking, but never share your seed phrase or private key.

How are Linea transactions taxed?

Linea (formerly ConsenSys zkEVM) is treated as property for tax purposes, similar to other Ethereum-compatible blockchains. Tax implications depend on your activity type:

  • Depositing from Ethereum to Linea (bridging) – Non-taxable transfer if ownership stays the same; gas fees may adjust basis.

  • Withdrawing from Linea to Ethereum – Non-taxable, as it's a self-transfer.

  • Buying tokens with fiat – Not taxable; establishes cost basis.

  • Swapping tokens (e.g., ETH → USDC) – Taxable disposal; gain/loss = received value − cost basis.

  • DeFi activity (yield farming, staking, liquidity pools) – Ordinary income at the time rewards are received; later sale = capital gain/loss.

  • NFT mints or purchases using tokens – Taxable disposal of the token used for payment.

  • Airdrops or promotional rewards – Taxable income upon receipt.

  • Transferring tokens between your own wallets – Non-taxable, but important for cost basis tracking.

  • Gas fees (paid in ETH) – May be deducted or added to basis depending on the transaction context.

CoinTracker automatically identifies these taxable events, classifies your Linea transactions, and calculates accurate gains, losses, and income across networks.

Can the IRS track Linea?

Yes. Despite being a Layer 2 network, Linea transactions are publicly verifiable on-chain and linked to Ethereum. The IRS and other authorities can:

  • Use blockchain analytics tools to trace wallet and bridge transactions.

  • Receive tax data from centralized exchanges or on-ramps connected to Linea.

  • Link wallets to verified identities through KYC records.

Syncing your Linea wallet to CoinTracker ensures accurate, transparent reporting of all your Layer 2 transactions and rewards.

Frequently asked questions

Get advice and answers from the CoinTracker team.

Calculate your Linea taxes automatically with CoinTracker