How do I connect my Trust account to CoinTracker?
Add your public addresses to CoinTracker to automatically sync your balances and transactions:
Open the Trust Wallet mobile app or browser extension
If necessary, choose your wallet under Settings
On the Wallet tab, choose Receive and select the token
Copy the public address and paste into CoinTracker
Special instructions for BCH, BTC, DASH, DOGE, LTC, and ZEC wallets with missing transactions prior to April 2021.
What is Trust Wallet?
Trust Wallet is a non-custodial crypto wallet (mobile + browser extension) that lets you store, send, receive, and manage thousands of tokens across 100+ blockchains (e.g., Ethereum, BNB Chain, Polygon, Avalanche, Solana). You control your private keys and seed phrase.
Do I pay taxes on my Trust Wallet transactions?
Yes. In the U.S., crypto is treated as property. Selling, swapping, spending crypto, or earning rewards (staking, airdrops, etc.) are taxable events and must be reported.
Does Trust Wallet report to the IRS?
No. Trust Wallet doesn't collect KYC or issue tax forms, so it doesn't directly report to the IRS. (You're still responsible for reporting your taxable activity.)
Can the IRS see my Trust Wallet transactions?
Potentially, yes. Most blockchains are public ledgers; transactions are visible and can be analyzed, even if the wallet itself doesn't report.
Does Trust Wallet have tax documents?
No. As a self-custody wallet, Trust Wallet doesn't issue Forms 1099. New U.S. broker-reporting rules (Form 1099-DA) apply to "brokers" (e.g., centralized platforms) and are being phased in—not to self-custody wallets like Trust Wallet.
How do I get tax forms from Trust Wallet?
Connect your Trust Wallet addresses to CoinTracker to import transactions and generate tax reports (e.g., Form 8949, Schedule D). CoinTracker supports syncing via public addresses/xpubs for supported chains.
How are NFTs on Trust Wallet taxed?
NFT sales and certain transfers are taxable (capital gains/losses). Paying for goods/services with NFTs can also be taxable. Reporting rules for digital assets (including NFTs) continue to expand—keep records for cost basis and proceeds.