Preparing Your Lykke Taxes
Summ has integrated Lykke into our platform to help users easily calculate their cryptocurrency tax obligations. Users can upload via a CSV file by following the instructions in this guide.
Summ has developed a partnership with Lykke to help you calculate your taxes arising from any trading activity. All you have to do is import your trading data via a CSV file, and we will automatically normalize these transactions back to your local currency. You can then easily calculate your financial year's short and long-term gains using various in-app inventory methods.
Import via CSV File
- Log in to your Lykke account
- Navigate to the 'FUNDS' page using the navbar at the top of the screen
- Once on the Funds page, click on the 'History' button �IMG0�
- Make sure you have 'All' selected so you're viewing Deposits, Withdrawals and Trading
- Click the 'EXPORT TO CSV' button to download your CSV
- Search "Lykke" in the 'Import Data' tab and click on the icon
- Upload the CSV file here to Summ
Wrapping up
That's it! Using the CSV option, you can upload your transactions from Lykke to calculate your taxes using Summ. If you find that you are missing some transactions, you can upload these manually using our Simple or Advanced manual CSV import.