How do I connect my CoinZoom account to CoinTracker?
Select the Transactions tab at the top of the page and select Tax Data.
Select the date range covering your full transaction history since your first transaction.
Select "Export to CoinTracker" from the Exports selection.
Import here.
How are CoinZoom transactions taxed?
Crypto transactions on CoinZoom are taxable under U.S. tax law.
Capital gains tax: You owe tax when you sell, trade, or spend crypto through the CoinZoom Exchange or Visa card. The difference between your purchase cost (cost basis) and sale value determines your gain or loss.
Income tax: Applies when you earn crypto through staking, ZoomMe rewards, cashback, or airdrops. The market value of the reward when received is taxable as income.
CoinTracker tracks both your capital gains and income from CoinZoom automatically to simplify your annual tax return.
Do I have to pay taxes on CoinZoom?
Yes. If you've sold, spent, or traded crypto on CoinZoom, those transactions create taxable events.
For example:
Selling BTC for USD
Using crypto to make purchases with the CoinZoom Visa card
Trading one crypto for another
Earning staking or cashback rewards
Holding crypto in your CoinZoom wallet is not taxable, but all disposals and income must be reported.
CoinTracker calculates and organizes these events automatically.
Does CoinZoom provide tax documents?
Yes. CoinZoom provides 1099 forms, account statements, and transaction exports through your dashboard.
U.S. users may receive Form 1099-MISC or Form 1099-B depending on their activity.
CoinTracker can import these directly to calculate your total gains, income, and cost basis across all platforms.
How to get your CoinZoom tax documents
Log in to your CoinZoom account.
Go to Settings → Tax Center or Reports → Transaction History.
Choose the tax year you need.
Download your Form 1099 (if issued) or CSV report.
Upload it to CoinTracker, or connect your account via API for automatic syncing and updates.
When does CoinZoom issue Form 1099-MISC?
CoinZoom issues Form 1099-MISC to U.S. users who earned $600 or more in crypto income (staking rewards, ZoomMe bonuses, cashback) during the tax year.
These forms are typically available by January 31 and are filed directly with the IRS.
When does CoinZoom issue Form 1099-B?
CoinZoom issues Form 1099-B for users with reportable sales or trades of crypto assets.
This form includes proceeds, cost basis, and realized gains or losses from your crypto transactions.
It's issued by January 31 each year and sent both to you and the IRS.
CoinTracker automatically reconciles these forms for accurate reporting.
When does CoinZoom issue Form 1099-DA?
Beginning with the 2025 tax year, CoinZoom will issue Form 1099-DA, the new standardized IRS form for digital asset reporting.
It replaces legacy forms (like 1099-K) and consolidates all your crypto trading and income activity.
CoinTracker's reports are already formatted to align with 1099-DA reporting.
When does CoinZoom issue Form 1099-K?
CoinZoom no longer issues Form 1099-K for crypto transactions.
Starting in 2025, Form 1099-DA will fully replace it as the required IRS reporting format for digital asset activity.
Why aren't my CoinZoom documents accurate?
Your CoinZoom exports might not include:
Crypto used for Visa card purchases
Transfers between wallets or exchanges
Off-platform income (airdrops or staking outside CoinZoom)
CoinTracker consolidates all your wallets, exchanges, and card activity to ensure your tax report includes every taxable event.
Does CoinZoom automatically deduct taxes?
No. CoinZoom does not withhold or deduct taxes on your trades, Visa transactions, or rewards.
You are responsible for reporting and paying your crypto taxes.
CoinTracker calculates these automatically and prepares forms like Form 8949 and Schedule D for your tax filing.
Does CoinZoom report to the IRS?
Yes. CoinZoom is a U.S.-regulated exchange and reports certain user activity to the IRS via forms such as 1099-MISC, 1099-B, and 1099-DA (starting in 2025).
CoinTracker ensures your personal reports match the data reported by CoinZoom to maintain compliance.
Does CoinZoom provide financial or end-of-year statements?
Yes. CoinZoom users can download annual account statements, transaction reports, and 1099 forms directly from their dashboard.
Import these into CoinTracker to create your complete tax summary, including capital gains, crypto income, and portfolio performance.