---
description: Simplify your Cardano tax process.
---

# TapTax

### TapTax Overview

<figure><img src="https://2601447584-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FC7UhlRhVKC6MtYhXZudq%2Fuploads%2FQU2xX2X4WhQMSqUZ49JP%2Fimage.png?alt=media&#x26;token=e4de8652-e98d-4722-9327-5c9b97df3c33" alt=""><figcaption></figcaption></figure>

TapTax is a powerful export tool designed to simplify tax reporting for Cardano users. Whether you’re a casual holder, active trader, or managing an NFT project, TapTax organizes your blockchain activity and provides ready-to-use data for tax compliance.

**Key Features:**

* **Comprehensive Exports**: Staking rewards, token & NFT trades, capital gains, lending/borrowing activity, and airdrop income.
* **Individual & Business Plans**: Tailored options for personal traders or projects with advanced accounting needs.
* **Tax Software Integration**: Seamlessly import CSV exports into TurboTax and TaxAct.
* **Up to 40 Wallets**: Consolidate all Cardano wallets in one place.
* **Unlimited Exports**: Export as often as needed during your subscription year.

***

### How TapTax Works

#### Step 1: Choose Your Plan

* **Individuals/Traders**: Exports transactions, staking rewards, NFT trades, and capital gains reports.
* **Businesses/Projects**: Includes all individual features plus wallet income reports and advanced CSV exports for accounting.

<figure><img src="https://2601447584-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FC7UhlRhVKC6MtYhXZudq%2Fuploads%2FOxDOH5vs28w3Wo8Db1RT%2Fimage.png?alt=media&#x26;token=1ed4d5e4-1cb1-4340-bee4-f7c670de69ac" alt=""><figcaption></figcaption></figure>

#### Step 2: Connect Your Wallets

Link your Cardano wallets. TapTax automatically fetches ADA, token, and NFT transactions.

<figure><img src="https://2601447584-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FC7UhlRhVKC6MtYhXZudq%2Fuploads%2F2g6cNLR4AqpQy1phzOLM%2Fimage.png?alt=media&#x26;token=01db5b8e-be64-4293-b5d3-45d89ba269d1" alt=""><figcaption></figcaption></figure>

#### Step 3: Export Your Data

Generate CSV files with native currency values at the time of each event.

#### Step 4: Integration with Tax Software

Easily import your CSV into TurboTax or TaxAct and complete your tax filing.

***

### Using TapTax with TurboTax or TaxAct

#### How to Use TapTax CSV Exports with TurboTax

1. Download your TapTax CSV for the relevant tax year.
2. Open TurboTax or TaxAct, navigate to Import Data, and select Import from CSV.
3. Upload your TapTax CSV file.
4. Review and confirm the data, then complete filing.

***

### Export Types

**For Individuals/Traders**

* **Staking Rewards**: Track ADA rewards with native currency values.
* **Token & NFT Trades**: Exports all trades, including price at the time of the transaction.
* **Capital Gains**: Detailed gains/losses reports.
* **Lending/Borrowing**: Export lending/borrowing data.
* **Airdrop Income**: Capture all airdrops and rewards.

**For Businesses/Projects**

* **Wallet Income Report**: Summarized wallet income and expenses (ADA, tokens, NFTs).

***

### TapTax FAQ

<details>

<summary>How long is my access?</summary>

One full calendar year per subscription. Past exports remain accessible.

</details>

<details>

<summary>How many exports can I do?</summary>

Unlimited exports throughout the subscription period.

</details>

<details>

<summary>Do my exports include the value in my native currency at the time of trade?</summary>

Yes, exports include native currency values at the time of each trade or event. These columns are typically labeled with "quote" in the header.

</details>

<details>

<summary>Is there a limit on how many wallets I can add?</summary>

You can add up to 40 wallets per user.

</details>

<details>

<summary>What do I do with the downloaded CSV?</summary>

Use the CSV to file taxes, perform personal financial analysis, or maintain accurate records.

</details>

<details>

<summary>Are refunds available?</summary>

No refunds are provided for TapTax subscriptions.

</details>

<details>

<summary>What countries are supported?</summary>

TapTax is globally available, but users are responsible for ensuring compliance with their local tax regulations.

</details>

<details>

<summary>Does TapTax handle centralized exchange data?</summary>

Yes, you can manually add transactions from centralized exchanges (e.g., Coinbase).

</details>

<details>

<summary>Where do I go if I need support or have any questions?</summary>

For support or inquiries, email [support@taptools.io](mailto:support@taptools.io) or open a ticket in our [Discord](https://discord.gg/TespKU4ARA).

</details>
