How to export your transaction history for tax purposes.

March 15, 2022
Newton Team
March 15, 2022
Newton Team
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Download a CSV file of your transactions to send to your accountant, or upload your file directly to CoinTracker or Koinly to combine your transactions from multiple trading platforms. This guide will show you how.

Overview:

  1. The Lowdown on Crypto Taxation in Canada
  2. Export Transactions for an Accountant
  3. Export Transactions for CoinTracker or Koinly
  4. FAQs and Troubleshooting

Before we get into how to download your transaction history, the general lowdown on crypto taxation in Canada can be found here.

A few key factors to note about filing your cryptocurrency taxes in Canada:

  • The CRA generally treats cryptocurrency like a commodity for purposes of the Income Tax Act
  • Income from cryptocurrency transactions is generally treated as business income or as a capital gain (this depends on specific circumstances)
  • Each cryptocurrency is taken into account as a separate digital asset and must be valued separately

How to Download your Transaction History File (to take to your accountant)

  1. Log into your Newton account. Navigate to the Full History button beside Recent Activity.

2. Click on Export account history.

3. Click on Generate my reports.

4. Export the Report For 2021 document. The document exported should have your first name, last name, and year at the top (in the file name). It will also separate your data into the following categories: Date, Type, Received Quantity, Received Currency, Sent Quantity, Sent Currency, Fee Amount, Fee Currency, and Tag. You can take this report to your accountant this tax season.

How to Download your Transaction History File (to upload to CoinTracker or Koinly)

  1. Log into your Newton account. Navigate to the Full History button beside Recent Activity.

2. Select the Export account history button.

3. Export the CoinTracker or Koinly Version document. The document exported should have your first and last name at the top (in the file name).. It will also separate your data into the following categories: Date, Received Quantity, Currency, Sent Quantity, Currency, Fee Amount, Fee Currency, and Tag.

** You can upload this version to CoinTracker or Koinly to combine all of your cryptocurrency transactions from multiple trading platforms.

FAQs and Troubleshooting

I’m having issues with my report’s time zone, how can I fix this?

If your report isn’t downloading in your desired time zone, here’s a helpful hack: change your computer’s time zone to UTC. To do this:

  1. Go to your computer’s settings and change your time zone to “Iceland”.
  2. Next, export your CSV file, and it should reflect the correct times for your transaction history.
  3. Don’t forget to change your time zone back once you’re done! We’d hate for you to miss that important meeting 😅

What time zones are Newton’s reports in?

I’m still having issues. What else can I try?

  1. We’ve noticed some people have had issues with certain browsers. We recommend trying a different browser to see if that fixes the issue.
  2. Are you using mobile? Try heading over to your laptop or desktop device and using the Newton web app. This might do the trick!

Want to help us shape the products we build? We're always looking for valuable insight and feedback from our users. If you have features you'd like to see or are interested in joing our user research group, email support@newton.co
Newton does not provide tax, legal or accounting advice. This material is for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. Please consult your own tax, legal and accounting advisors before engaging in any transaction.

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