Binance Tax Forms: What Binance Reports and What You Must Calculate Yourself
Unlike Coinbase, Binance generally does not issue 1099 forms to users. That means the full responsibility for calculating and reporting your crypto taxes falls on you. Here's what Binance provides and what you need to do with it.
No tax form from Binance? DYOR.tax turns your raw CSV export into a filing-ready report. Upload your Transaction History for a free instant preview.
Try the Binance Calculator →Does Binance send tax forms?
Binance.com: No. Binance does not issue 1099 forms to users. You are entirely responsible for calculating and self-reporting your gains and income.
Binance.US: Binance.US has significantly reduced its US operations following regulatory actions. As of 2025, check your Binance.US account directly for any available tax documents - the situation has been in flux. Do not assume a document is available without checking.
Non-US users: Tax form requirements vary by country. Most jurisdictions require self-reporting based on your transaction history, with no form issued by the exchange.
What Binance does provide
Binance does not send tax forms, but it does give you the raw data you need:
- Transaction History CSV - all activity (trades, Earn, staking, deposits, withdrawals) from Wallet → Asset History → Export Transaction Records
- In some regions: monthly transaction statements
These are raw data files, not tax calculations. They contain every transaction but require processing to produce the taxable figures you need to file.
Why self-reporting Binance is complex
Binance's transaction variety makes self-reporting harder than most exchanges:
- 75+ operation types across spot trading, Earn, staking, Flexible Savings, Convert, Small Assets Exchange, and more - each with different tax treatment
- BNB fee disposals. Every trading fee paid in BNB is a disposal of BNB at market price. Each fee creates a separate taxable gain or loss. Active traders can have hundreds of these, all invisible without the right processing.
- Small Assets Exchange. Converting dust balances to BNB is a taxable conversion for each small asset exchanged - not a non-event.
- Using the wrong export. The Trade History export under Orders only covers spot fills. Use the Asset History export under Wallet - it includes all operation types in one file.
- Earn and staking are income. Binance Earn distributions, flexible savings interest, and staking rewards are taxable income at fair market value on the date received, not capital gains.
How to generate your own Binance tax report
- Go to Wallet → Asset History, click the export icon, select Export Transaction Records
- Set the time range from account opening to today, not just the tax year, and click Generate
- Upload the CSV to DYOR.tax
- The calculator parses all 75+ operation types automatically - BNB fee disposals, Earn income, and Small Assets Exchange included
- Download your filing-ready PDF with capital gains, income summary, and a country-specific filing guide
Preview is always free. No sign-up required.
Country-specific reporting requirements for Binance users
United States
Do not assume that the absence of a 1099 means tax authorities have no visibility into your activity. Users remain responsible for reporting Binance transactions accurately. Capital gains go on Form 8949 and Schedule D; Earn income goes on Schedule 1.
United Kingdom
HMRC requires self-assessment reporting of all crypto disposals on SA108. Section 104 pooling applies - a weighted average cost method that differs from simple FIFO. Staking and Earn income generally goes on SA100 Other Income, if the activity does not amount to a trade.
Canada
The CRA requires reporting all crypto disposals on Schedule 3 using the Adjusted Cost Base (ACB) method. Staking and Earn income is reported as other income. The current capital gains inclusion rate is 50% under the Income Tax Act.
Australia
The ATO requires all crypto disposals to be reported in your individual tax return. Our report uses FIFO for cost basis. The 50% CGT discount applies to assets held 12 months or more. Earn and staking rewards are ordinary assessable income on receipt.