Skip to main content
Level 1
May 4, 2026
Question

I have used Koinly to generate a full tax report for my crypto accounts. How do I report that information onto a T5? I have both capital gains staking rewards.

  • May 4, 2026
  • 1 reply
  • 10 views
No text available

    1 reply

    Level 6
    May 6, 2026

    While you can generate the Schedule 3 form for your capital gains, for income, Koinly does not generate Canadian tax forms like the T5 or T2125 directly. Instead, it provides a complete breakdown of your income transactions, including staking rewards, which you can use to complete your tax return (Income Report).

    Koinly lets you export staking rewards in a way that aligns with both personal and business classifications, but the final decision on how to report them depends on your personal tax situation. If you are unsure, it is best to consult a tax professional.

     

    Here is a great article with a video that might help: How to do your Canada TurboTax crypto taxes

     

     

     

    Thank you for choosing TurboTax.

    Thank you for choosing TurboTax / Merci d'avoir choisi TurboImpot