📝 Description
There is no single perfect time to sign up for Waltio, but planning ahead is highly recommended so you can approach tax filing with peace of mind.
➕ When to sign up?
The best time to sign up mainly depends on the time needed to retrieve all your accounts and transaction histories. If you have used many different platforms, including DeFi protocols, it is best to register early.
We recommend that you do not wait until tax filing season to sign up. The earlier you start, the more time you will have to:
Connect your exchanges and wallets
Retrieve your entire transaction history
Fix any errors or warnings
💡 Regular use to simplify your tax reports
Many users log into Waltio on a regular basis (monthly, weekly, or even daily) to keep their transactions up to date. This habit makes things significantly easier when tax filing season arrives.
Tax authorities generally require you to track and categorize each transaction individually. This is why registering early is strongly advised: it allows you to collect your data over time and avoid a massive workload when filing your tax return.
⚠️ Warnings
A single missing transaction can significantly alter your calculated taxable amount.
You must import your complete transaction history starting from your very first crypto-asset operation.
💡 Additional information
Creating a Waltio account is free and without obligation.
Even if you don't have an immediate tax report to file, signing up early helps you build good habits to track your transactions and categorize them regularly.
To start using Waltio efficiently, check out our article on how to get started on Waltio in just 5 steps.