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Phantom Tax Calculator Australia

Australian Phantom users face the same reporting obligations as any other crypto investor - the ATO generally treats every Jupiter swap, Solana NFT sale, and staking receipt as a taxable event. Phantom does not send tax documents to the ATO. Paste your Solana public key and DYOR.tax produces a FIFO report with conditional CGT-discount eligibility tracking for your Australian tax return.

Instant preview No sign-up 50% CGT discount FIFO cost base
Step 1
Choose your country

Apply the right tax rules from the start.

Step 2
Choose tax year

Preview the report for the year you need to file.

Steps 3-5

Add your data for an instant tax preview

Start with Phantom, then optionally merge Coinbase, Binance, or Kraken data for more complete cost basis coverage.

Wallet-first flow Optional CSV merge No sign-up
Primary path
Phantom wallet Read-only

Connect Phantom or paste the wallet address you want to scan.

Paste wallet address
🇦🇺 50% CGT discount ⚖ Jupiter, Raydium, Orca 💰 Max 5 wallets
Combine wallet and exchange data
Optional exchange CSV

Merge exchange history for a more complete tax picture.

⇪
Drop your exchange CSV here
Choose the exchange, then drop the file or .

Choose the exchange you want to merge, then export its account-opening-to-today CSV:

  • Coinbase: accounts.coinbase.com → Statements → Generate custom statement → account opening to today, CSV
  • Binance: Wallet → Asset History → Export Transaction Records → account opening to today → Generate
  • Kraken: Profile icon → Documents → Create Export → Ledger, account opening to today, CSV → Generate (arrives as .zip)

Phantom-only? Skip this step and scan your wallet above.

Add a Phantom wallet or exchange CSV to unlock your preview.
Read-only wallet scan No sign-up required FIFO cost base 50% CGT discount

What this wallet scanner supports

Supported

  • Read-only scan by address or one-click connect - we never touch your funds or keys.
  • Solana - plus Ethereum, major EVM chains and Bitcoin in the same report.
  • Supported swaps, transfers, fees, and on-chain income are classified automatically; ambiguous activity is flagged for review.
  • Use your wallet alone, or combine it with exchange CSVs in one report.
  • PDF report with your country's cost-basis method applied.

Partly supported

  • Purchase cost for coins funded from an exchange, bridge or another wallet - we flag these; fill them in the quick review step or add the matching exchange CSV to backfill.
  • Bitcoin activity is summarized in the preview; paste each address (extended public keys / xpub are not supported yet).
  • Unusual DeFi or NFT positions may need a manual review line.

Not covered

  • This is not tax advice.
  • We never request private keys, seed phrases or spending permissions.
  • We read on-chain activity only - off-chain trades that never touched this wallet are not visible.

Read-only. No sign-up, no spending permissions.

Why Australian Phantom users choose DYOR.tax

ATO reporting built for Solana wallets

FIFO cost base, conditional CGT-discount eligibility tracking, AUD conversion, and full Jupiter/NFT classification - handling the volume that active Phantom users generate on Solana.

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Local rules

50% CGT Discount Tracked

The calculator flags potential CGT-discount eligibility for review to Phantom holdings of more than 12 months. Every SPL token and SOL position is dated from acquisition so long-term eligibility is tracked automatically.

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Coverage

Full Solana History

Jupiter swaps, Raydium and Orca LPs, Marinade and Jito staking rewards, Magic Eden and Tensor NFT trades - all read directly from the Solana blockchain and converted to AUD.

💰
Local rules

FIFO Cost Base

The calculator uses FIFO as a disclosed software assumption across your complete Phantom history including exchange imports. AUD cost base is calculated from the USD/AUD rate at each acquisition date.

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Output

Designed for ATO Reporting

Report includes AUD gains and losses, income amounts, and CGT discount summary formatted for your Australian tax return. The ATO data matching program covers on-chain activity.

Free activity preview; tax report unavailable

The activity preview remains available. Checkout and report generation are paused until entity, residency, loss ordering, and CGT-discount eligibility are supported.

FREE PREVIEW
$0
TAX REPORT UNAVAILABLE
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Phantom wallet and the ATO's crypto tax framework

The ATO taxes cryptocurrency as capital gains tax assets. Every disposal from your Phantom wallet - a Jupiter swap, a Tensor NFT sale, an exit from a Raydium LP - is generally treated as a CGT event that must be reported in your tax return. This applies whether the disposal happened on a centralized exchange or directly on-chain via a Solana program.

The ATO data matching program now encompasses blockchain analytics providers and exchange data sharing. Australian Phantom users who have purchased SOL on local or international exchanges may find their on-chain activity is visible to the ATO even without a centralized exchange transaction. Accurate reporting from your Phantom wallet records is your responsibility.

CGT discount and 12-month holding periods on Solana

Subject to entity and residency review, a 50% CGT discount may apply to assets held for more than 12 months before disposal. For Phantom wallet users, this means SOL, SPL tokens, and Solana NFTs acquired more than a year before sale or swap may qualify for an applicable CGT discount after entity and residency review. The calculator uses FIFO as a disclosed software assumption and tracks each token's acquisition date to determine holding period automatically; eligibility still requires entity and residency review.

Solana's low fees make it easy to trade frequently, but that can work against CGT discount eligibility. Frequent Jupiter swaps reset the holding period for the tokens received. If you are approaching the 12-month threshold on a significant position, the timing of your next swap matters.

Jupiter swaps and Solana DeFi activity

The ATO generally treats token-to-token swaps on DEXs as CGT events. Each Jupiter swap is a disposal of the input token and an acquisition of the output token, both at AUD fair market value at the time of the transaction. DYOR.tax converts USD Solana prices to AUD using the exchange rate at each transaction timestamp.

Raydium and Orca LP positions involve depositing two tokens and receiving LP tokens in return. The ATO has not issued specific guidance on LP token treatment, but the general CGT framework applies. DYOR.tax records all LP entries and exits for review with your tax adviser. DeFi yield and liquidity rewards received into your Phantom wallet are generally treated as assessable income at AUD fair market value when received.

SOL staking rewards and Marinade, Jito liquid staking

Staking rewards received into your Phantom wallet are generally treated as assessable income at AUD fair market value on the date received. The ATO has confirmed this treatment for crypto staking income. The receipt amount becomes the cost base for those tokens, and a later disposal may trigger a capital gain or loss.

Liquid staking via Marinade (mSOL) and Jito (jitoSOL) adds complexity. Converting SOL to mSOL or jitoSOL may be treated as a disposal. The ATO's guidance on DeFi and liquid staking is still developing - consult a tax adviser for these positions. DYOR.tax records all Marinade and Jito interactions for your review.

Related calculators and guides

All countries: Phantom Tax Calculator
AU country page: Australia Crypto Tax Calculator
Other Phantom countries: Phantom USA · Phantom UK · Phantom NZ

Solana guides: Solana Tax Calculator · Crypto Staking Taxes · Australia Tax Deadline

Product updates

Wallet scanner update history

We publish wallet scanner updates so you can see how the calculator is maintained against real on-chain activity and country tax rules.

Latest wallet scanner update:

View full changelog

  1. Wallet scanning expanded

    Bitcoin and EVM chains join Solana in one report. Australian previews use a disclosed FIFO assumption and flag holding periods; entity and residency determine any discount.

  2. Incoming exchange transfers flagged and routed to CSV

    So basis is not assumed.

  3. Solana liquidity and bot-dust handling improved

    LP events detected, MEV/priority-tip dust neutralized.

  4. Exchange-withdrawal lots demoted to review

    Instead of assuming market-value basis.

  5. Solana / Phantom wallet scanning opened

    With a cost-basis review step for sales missing acquisition history.

Frequently Asked Questions

No. Phantom is a self-custody wallet and does not generally send tax documents to the ATO on your behalf. You are responsible for reporting all Phantom disposals and income in your Australian tax return. The ATO's data matching program covers exchange data and blockchain analytics, so accurate self-reporting is essential.

Potentially. After capital losses, a 50% discount may apply to a qualifying gain for an eligible Australian-resident individual or trust; companies receive none and complying super funds generally use 33.33%. The preview uses FIFO as a disclosed assumption and tracks holding periods but does not select or apply an entity-specific rate.

The ATO generally treats token-to-token swaps as CGT events. Recognized Jupiter swaps are organized with AUD values; ambiguous protocol events are flagged for review.

Yes. SOL staking rewards are generally treated as assessable income at AUD fair market value on the date received. This applies to native SOL staking and liquid staking via Marinade or Jito. Later disposal of those tokens may trigger a separate CGT event - and the 50% discount may apply if held for more than 12 months after receipt.

Yes. DYOR.tax merges your exchange CSV with your Phantom wallet scan into one FIFO cost base pool. Transfers between your exchange and Phantom are detected automatically, so the original purchase price carries through as cost base for subsequent Jupiter swaps and other on-chain activity.