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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 50% CGT discount 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 full transaction history:

  • Coinbase: accounts.coinbase.com → Statements → Generate custom statement → All time, CSV
  • Binance: Wallet → Asset History → Export Transaction Records → Generate (UTC timezone)
  • Kraken: Profile icon → Documents → Create Export → Ledger, full history, 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
Why Australian Phantom users choose DYOR.tax

ATO reporting built for Solana wallets

FIFO cost base, 50% CGT discount 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 applies the 50% CGT discount 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.

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Local rules

FIFO Cost Base

The calculator applies FIFO 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.

Simple, one-time pricing

No subscriptions. Pay once per tax year.

Up to 50 events
$29
51 – 100
$39
101 – 500
$49
501 – 1,000
$59
1,001 – 3,000
$79
3,001 – 5,000
$99
5,001+
$129

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

The 50% CGT discount applies 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 qualify for the discount. The calculator applies FIFO and tracks each token's acquisition date to determine eligibility automatically.

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

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.

Yes, for assets held more than 12 months before disposal. The calculator applies FIFO and tracks each token's acquisition date. SOL, SPL tokens, and Solana NFTs held in your Phantom wallet for over 12 months qualify for the discount when sold or swapped. Short-term disposals do not qualify.

The ATO generally treats token-to-token swaps as CGT events. Each Jupiter swap is a disposal of the input token and acquisition of the output token at AUD fair market value. The capital gain or loss equals AUD proceeds minus AUD cost base. DYOR.tax detects all Jupiter swaps and converts to AUD automatically.

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.