How do I report my Huobi (HBUS) taxes?

All crypto activity on Huobi and HBUS is taxable under U.S. and global regulations.

• Capital gains tax: You owe tax when you sell, trade, or spend crypto — gains are calculated based on the difference between your purchase price (cost basis) and sale price.

• Income tax: Applies when you earn crypto (via staking, airdrops, or promotional rewards). The fair market value at receipt is considered income.

CoinTracker automates these calculations by importing your complete transaction history from Huobi or HBUS.

Yes. Crypto transactions made on Huobi or its U.S. partner platform, HBUS, are taxable events when you dispose of or earn digital assets.

You do not owe taxes for simply holding crypto, but selling, swapping, or earning rewards is taxable.

Connecting your Huobi account to CoinTracker ensures all taxable events — even from older HBUS accounts — are captured accurately.

Yes. While HBUS ceased operations in late 2019, users can still access historical transaction records via Huobi's data exports or their archived HBUS login (if available).

Current Huobi Global users can download full CSV exports and tax statements from their account dashboard and upload them to CoinTracker for accurate reporting.

• Log in to your Huobi or HBUS account (if accessible).

• Go to Account → Reports → Export.

• Choose your date range or full account history.

• Download your transaction CSV.

• Upload the CSV to CoinTracker to generate your complete tax reports.

• For legacy HBUS data: contact Huobi support to request a historical data export if your HBUS portal is no longer active.

HBUS previously issued Form 1099-MISC to U.S. users who earned $600 or more in income-type rewards during the year.

Since HBUS has ceased operations, these forms are no longer issued.

Current Huobi users outside the U.S. may not receive official IRS forms but are still required to self-report crypto gains and income.

CoinTracker provides automated reporting compatible with U.S. and international filing requirements.

HBUS no longer issues tax forms.

However, beginning with the 2025 tax year, Huobi and other digital asset brokers will be required to issue Form 1099-DA for digital asset transactions under new IRS rules.

CoinTracker ensures your future filings include these details accurately.

If you used both Huobi and HBUS, your records may be split across two systems.

Older HBUS trades may not appear in your Huobi export if the data wasn't migrated.

To ensure accuracy:

• Download both your Huobi and HBUS transaction reports.

• Upload them to CoinTracker so your total trading history, gains, and income are fully reconciled.

CoinTracker merges these automatically for a single, accurate tax report.

No. Neither Huobi nor HBUS withholds or deducts taxes on your behalf.

You're responsible for calculating and reporting your crypto income and capital gains.

CoinTracker automates this process and generates IRS-ready forms such as Form 8949 and Schedule D.

HBUS (as a U.S.-based exchange) previously reported certain user activity to the IRS via Form 1099-MISC.

Huobi Global currently follows compliance frameworks in its operating jurisdictions but may not report directly to the IRS for non-U.S. accounts.

CoinTracker helps ensure that all your transactions are reported accurately regardless of where you trade.

Yes. You can download account summaries, trade histories, and annual statements from Huobi.

For legacy HBUS accounts, archived transaction data can be retrieved through Huobi's support team.

Upload these files to CoinTracker for precise end-of-year tax summaries and reports.