Binance, Exchanges

How Do I Get My Tax Report From Binance?

If you’re a US-based trader on Binance, you’re probably wondering how to go about getting your tax report. After all, the IRS requires all US citizens to report their cryptocurrency earnings.

Fortunately, Binance makes it relatively easy to get your tax information. In this article, we’ll show you how to get your tax report from Binance.

First, log into your Binance account and go to the “Funds” tab. Then, click on the “Withdraw” button.

Next, select the “Wallet Address” option and enter your Ethereum wallet address. Finally, click on the “Submit” button.

NOTE: WARNING: Binance does not provide tax reporting services. You are responsible for reporting and paying taxes on any cryptocurrency profits you make. If you are not familiar with the tax laws in your country, please consult a qualified professional to ensure you comply with all applicable tax regulations.

Once you’ve submitted your withdrawal request, you should see a confirmation message appear. This means that your funds have been successfully sent to your Ethereum wallet address.

Now that you have your funds in your Ethereum wallet, you can use a service like TaxBit to generate your tax report. TaxBit is a crypto tax software that connects with all major exchanges, including Binance.

Simply connect your Binance account to TaxBit and they’ll generate your tax report for you.

In conclusion, getting your tax report from Binance is relatively easy. Just follow the steps outlined in this article and you’ll be able to get your report in no time.

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