Hello 👋 ,
Here is a complete tutorial with steps and screenshots from the online tax declaration space to declare your cryptocurrencies easily.
The tax declaration form is unique and provides different parts, each with several boxes depending on the type of income to be declared.
💡 This guide will allow you to declare each of your earnings according to the transactions you have made.There are several steps. Each step corresponds to the declaration of a category of income.
If you have not made any transactions in a category, you can move on to the next step.
🏁 Ready ? Let's start ! 🏁
👉 If you have received income from work, please go to step 1. If not, follow the next step.
👉 If you have received income from economic activities, please go to Step 2. If not, follow the next step.
👉 If you have received Income from gains and loss not deriving from the transfer of assets, please go to Step 3. If not, follow the next step.
👉 If you have received Income from capital, please go to Step 4. If not, follow the next step.
👉 If you have received Income from gains and loss that derive from the transfer of assets (purchase and sale), please go to Step 5.
Step 1️⃣ : If you have received Income from work
▶️ Go to “A. Rendimientos del trabajo”.
▶️ Click on the little pen on the box 004.
Report the total amount of income from work received during the current tax year, in box "Importe integro".
❗️This field shouldn't include any gains or losses from mining. It will only include your crypto salary.
👏 1st Step: Report income from work ✅ Let's continue !
👉If you have received income from economic activities, please go to Step 2. If not, follow the next step.
👉If you have received Income from gains and loss not deriving from the transfer of assets, please go to Step 3. If not, follow the next step.
👉If you have received Income from capital, please go to Step 4. If not, follow the next step.
👉If you have received Income from gains and loss that derive from the transfer of assets (purchase and sale), please go to Step 5.
Step 2️⃣ : If you have received Income from economic activities
Income from economic activities corresponds to income from personal work, including : Mining activities ; Trading activities carried out for third parties ; Play-to-earn earnings.
▶️Go to D1: ”Rendimientos de actividades económicas ”, then to "Actividades económicas en en estimación directa".
▶️Select B06 in the list of the box 0166
▶️ Click on the pen on the box 0178 "Otros ingresos"
▶️ Fill the box "Otros ingresos" with the amount of your crypto's economic activities given by Waltio.
👏 2nd Step: Report income from economic activities ✅ Let's continue !
👉If you have received Income from gains and loss not deriving from the transfer of assets, please go to Step 3. If not, follow the next step.
👉If you have received Income from capital, please go to Step 4. If not, follow the next step.
👉If you have received Income from gains and loss that derive from the transfer of assets (purchase and sale), please go to Step 5.
Step 3️⃣ : If you have received Income from gains and losses not deriving from the transfer of assets
Income from gains and losses not deriving from the transfer of assets includes: airdrops received as gifts and losses, scam and bankruptcies
▶️ Go to F1: ”Ganancias y pérdidas patrimoniales que no derivan de la transmisión de elementos patrimoniales”, then to "Otras ganancias y pérdidas patrimoniales que no derivan de la transmisión de elementos patrimoniales”.
▶️ Report the following:
- Amount of profit in box [0304] ;
- Amount of losses in box [0305].
👏 3rd Step: Report income from gains and losses not deriving from the transfer of assets ✅ Let's continue !
👉If you have received Income from capital, please go to Step 4. If not, follow the next step.
👉If you have received Income from gains and loss that derive from the transfer of assets (purchase and sale), please go to Step 5.
Step 4️⃣ : If you have received Income from capital
Capital income includes : staking income; farming income; liquidity pool income.
▶️ Go to B: ”Rendimientos del capital mobiliario”, then to "Rendimientos del capital mobiliario a integrar en la base imponible del ahorro”.
▶️ Click on the pen on the box 0031
▶️Fill in the box "Rendimientos integro” with the total amount of your capital income.
👏 4th Step: Report income from capital ✅ Let's continue !
👉If you have received Income from gains and loss that derive from the transfer of assets (purchase and sale), please go to Step 5.
Step 5️⃣ : If you have received Income from gains and losses that derive from the transfer of assets
Income from gains and losses that derive from the transfer of assets includes all transactions crypto-crypto or crypto-euro/dollar or crypto/goods/services.
We did the test of contacting the administration to ask if it was possible to send a complementary file with all the trade operations that Waltio gives you. Administration agreed.
This saves you having to fill in each transaction one by one, and means that you can fill in just one transaction, the value of which will be equal to all the capital gains or losses you've made over the year.
💡 Contact your tax office if you have a large number of transactions: this will save you time!
▶️ Go to F2: ”Ganancias y pérdidas patrimoniales”, then to "Monedas virtuales”.
▶️ Click on the pen on the box 1804
▶️ Fill the box with :
the name of crypto ;
in the list of the box "indique el tipo de contraprestacion recibida a cambio" select "N - Otra moneda virtual"
▶️Fill the following boxes :
• Name of the crypto;
• Transmission value (click on the pen for details);
• Acquisition value (click on the pen for details).
You have to do this step for each operation you've made in the year, for add another operation click on "Alta Elemento Patrimonial"
💡 If you have made many transactions, you can contact the tax authorities to ask them if it is possible to transmit the schedule submitted by waltio. This will save you time and will not have to fill in each transaction manually. If the tax authorities agree, you can send them the documents provided by Waltio.
👏 5th Step: Report income from gains and losses that derive from the transfer of assets ✅
✅ Congratulations, you've reached the end of your reporting !
Fill out the remaining box until your report is complete. Once this is complete, you should get the amount of tax due.
If you have any other questions, feel free to contact us via the chat just down the right side of your screen! 💬
Waltio Team 💙