CoinVoyager

How to Do Your Voyager Taxes

How To Do Your Voyager Taxes

CoinLedger imports Voyager data for easy tax reporting. Create the appropriate tax forms to submit to your tax authority.

Voyager Tax Reporting

You can generate your gains, losses, and income tax reports from your Voyager investing activity by connecting your account with CoinLedger. Connect your account by importing your data through the method discussed below.

  • Voyager exports a complete Transaction History file to all users. Simply navigate to your Voyager account and download your transaction history from the platform.
  • Import your transaction history directly into CoinLedger. Import the file as is. No manual work is required!
  • CoinLedger automatically generates your gains, losses, and income tax reports based on this data.

File these crypto tax forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.

Voyager Tax Reporting

You can generate your gains, losses, and income tax reports from your Voyager investing activity by connecting your account with CoinLedger. Connect your account by importing your data through the method discussed below.

  • Voyager supports importing data via read-only API. This allows automatic import capability so no manual work is required.
  • Connect CoinLedger to your Voyager account with the read-only API.
  • Let CoinLedger import your data and automatically generate your gains, losses, and income tax reports.

File these crypto tax forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.

Voyager Tax Reporting

You can generate your gains, losses, and income tax reports from your Voyager investing activity by connecting your account with CoinLedger. There are a couple different ways to connect your account and import your data:

  • Automatically sync your Voyager account with CoinLedger via read-only API. This allows your transactions to be imported with the click of a button.
  • Upload your Voyager Transaction History CSV file to CoinLedger. You can download your Transaction History CSV directly from Voyager and import it into CoinLedger

Both methods will enable you to import your transaction history and generate your necessary crypto tax forms in minutes. File these forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.

Voyager Tax Reporting

You can generate your gains, losses, and income tax reports from your Voyager investing activity by connecting your account with CoinLedger. There are a couple different ways to connect your account and import your data:

  • Automatically sync your Voyager account with CoinLedger by entering your public wallet address. This allows your transactions to be read in directly from the blockchain.
  • Upload a Voyager Transaction History CSV file to CoinLedger

Both methods will enable you to import your transaction history and generate your necessary crypto tax forms in minutes. File these forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.

Voyager Tax Reporting

You can generate your gains, losses, and income tax reports from your Voyager investing activity by connecting your account with CoinLedger. Connect your account by importing your data through the method discussed below:

  • Navigate to your Voyager account and find the option for downloading your complete transaction history.
  • Import your transaction history directly into CoinLedger by mapping the data into the preferred CSV file format.
  • CoinLedger automatically generates your gains, losses, and income tax reports based on this data.

File these crypto tax forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.

How Cryptocurrency Taxes Work

Cryptocurrencies like bitcoin are treated as property by many governments around the world—including the U.S. Other forms of property that you may be familiar with include stocks, bonds, and real-estate.

Just like these other forms of property, cryptocurrencies are subject to capital gains and losses rules, and you need to report your gains, losses, and income generated from your crypto investments on your taxes.

For a complete and in-depth overview, please refer to our Complete Guide to Cryptocurrency Taxes.

How To Do Your Crypto Taxes

To do your cryptocurrency taxes, you need to calculate your gains, losses, and income from your cryptocurrency investments in your home fiat currency (e.g. US Dollar, Australian Dollar, etc.).

Once you have your calculations, you can fill out the necessary tax forms required by your country. If you are in the United States, you can learn which forms you need to fill out with our blog post: How to Report Cryptocurrency On Your Taxes.

Why Can't Voyager Generate My Tax Forms?

Many cryptocurrency investors use additional exchanges, wallets, and platforms outside of Voyager. Perhaps you also trade on Coinbase or earn interest from BlockFi. The trouble with Voyager's reporting is that it only extends as far as the Voyager platform. If you use additional cryptocurrency wallets, exchanges, DeFi protocols, or other platforms outside of Voyager, Voyager can't provide complete gains, losses, and income tax information.

How Does Cryptocurrency Tax Software Help?

By integrating with all of your cryptocurrency platforms and consolidating your crypto data, CoinLedger’s cryptocurrency tax software and crypto portfolio tracker are able to track your profits, losses, income, and generate accurate tax reports in a matter of minutes.

You can test out the software and generate a preview of your gains and losses completely for free by creating an account.

Learn more about how CoinLedger works here.

Voyager and CoinLedger have partnered up to make tax reporting seamless for Voyager users.

In this guide, we’ll break down what you need to know about how your Voyager transactions are taxed and share a step-by-step process to help you generate a complete Voyager tax report with CoinLedger.

What is Voyager? 

Voyager is a mobile-based crypto broker that offers crypto interest accounts and zero-fee trading. Voyager was founded in 2018 by Steve Ehrlich, former CEO of E*Trade, and Oscar Salazar, co-founder of Uber. 

In July 2022, Voyager filed for Chapter 11 bankruptcy due to market volatility and liquidity issues. Previously, the exchange had paused withdrawals for all customers.

Will I get my Voyager holdings back? 

In August 2023, Voyager withdrew all assets from customer accounts and subsequently deposited roughly 30% of the value of those assets back into customers’ accounts. 

The assets that were deposited back into customer accounts were either ~30% of the same token that was originally withdrawn or the equivalent amount of USDC. 

If users did not withdraw assets from Voyager during this timeframe, all remaining assets were liquidated to USD and a check denominated in USD was mailed out. 

For more information, check out our guide to the Voyager bankruptcy. 

How does the Voyager bankruptcy impact my taxes? 

Receiving bankruptcy funds may be considered taxable or non-taxable depending on the specifics of the transaction. 

Non-taxable: If your cryptocurrency was not liquidated by Voyager and you simply received a smaller amount of the same cryptocurrency, you won’t be required to pay taxes yet. Because there was no ‘disposal’ of crypto, there is no taxable event. 

‍Taxable: If your funds were liquidated by Voyager, you will likely be subject to capital gains tax (even if you did not receive the majority of the funds from the liquidation). A liquidation is considered a taxable disposal, so you’ll incur a capital gain or loss depending on how the value of your crypto changed since you originally acquired it.

How to do your Voyager Taxes 

To simplify the tax reporting process, Voyager has partnered with CoinLedger this tax season. The CoinLedger platform can automatically classify your deposits as taxable or non-taxable once you connect your Voyager account! 

As a result of the Voyager + CoinLedger partnership, all Voyager users will receive email communication from Voyager with a link to sign up and register for a CoinLedger account. If you didn’t receive a link, you can simply go to the CoinLedger website and sign up for an account on your own or from the Voyager website.

When registering for your CoinLedger account, you need to sign up using the same email address that you use for your Voyager account. If you do not use the same email address, you will not be able to import your transaction history from Voyager.

After sign up, you’ll be welcomed into the CoinLedger app and ushered through the onboarding steps.

Voyager and CoinLedger Partnership

Link your Voyager account

After verifying your email address, you will be able to link your Voyager account to CoinLedger and import your complete Voyager transaction history.

Voyager import in CryptoTrader.Tax

If you came to CoinLedger directly from the Voyager email that was sent out, you will be asked to link your account in the onboarding steps. If you signed up for CoinLedger on your own, you can access the Voyager + CoinLedger account link (as pictured above) by adding Voyager as a Source in Step 1: Import.

Complete the fields on the account linking page to enable CoinLedger to automatically retrieve and import your Voyager transactions history—no manual work required!

Your Voyager transaction history will be imported based on the taxability of each transaction.

Generate and download your tax reports

Once your crypto transaction history has been imported to CoinLedger, you are ready to generate and download your tax reports.

Once you’re done, you can export your complete crypto tax forms to platforms like TurboTax and TaxAct or send them directly to your accountant! 

Do your Voyager taxes today

Get started reporting your Voyager taxes today with CoinLedger. More than 500,000 crypto investors use the platform to generate crypto tax reports stress-free!

Get started with a free account today.

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