Bitpanda teams up with Blockpit to easily handle your crypto taxes this tax season!

Using Blockpit can help you understand how to save when doing your crypto taxes. Read on for invaluable advice and also find out how you can claim your Blockpit discount.

Register with Blockpit for discounted licences 

A licence from Blockpit will help you keep your books in order and save money on taxes. But if you need more encouragement we’ve got some amazing incentives, too. Sign up to Blockpit via your Bitpanda link between 23 September, 2024 at 00:00 CEST and 30 September, 2024, at 23:59 CEST to unlock a special 25% discount on the first paid subscriptions. 

Don’t let your tax deadline sneak up on you

Staying on top of your tax deadlines is crucial to ensuring you can maximize any available tax benefits and balance your crypto losses. Here’s a quick overview of Italy’s key tax deadlines:

• By September 30: Submit form 730 online or with assistance from a Fiscal Support Centre (CAF) or tax professional.
  
  
• By October 31: Final deadline for Redditi PF to filing your tax return online or with professional help.
  
  
• By November 30: If you’re a non-resident abroad, you can send your Redditi PF tax return by registered post or equivalent by this date.

If sending by post, use a standard mail envelope large enough to hold the tax return without folding. Address it to Agenzia delle Entrate – Centro Operativo di Venezia, Via Giuseppe De Marchi n. 16, 30175 Marghera (VE) – Italy. Clearly mark the envelope with the taxpayer's first name, surname, tax code, and the words: ‘Contiene dichiarazione Modello REDDITI 2023 Persone Fisiche’.

Blockpit is the easiest way to track your crypto-assets and generate tax reports

With Blockpit, you can monitor your transactions and generate tax reports in just a few clicks. All you need to do is sign up to Blockpit via Bitpanda and then sync your trading account with your Blockpit account via the API import function. Blockpit imports your transaction data and automatically classifies it in accordance with the law, giving you a real-time overview of your tax liabilities. When you’re ready, you can generate a tax report that can be filed along with the rest of your tax documents.

How to purchase a Blockpit licence

Step 1: Create your Blockpit account following this link or by going into “My account” > “History”. To deal with your taxes:

• mobile app: click “Export” and then on “Sign up to Blockpit”

• web: click the button “Export” and then choose“ Tax report by Blockpit”.

Step 2: Register on the landing page and activate your Blockpit account via email. 

Step 3: Switch back to Bitpanda and select “API key”. Create an API key without an expiry date and select all checkboxes. Click on “Generate new API key”. 

Step 4: Confirm and copy the API key from your Bitpanda email.

Step 5: Switch back to Blockpit and click on “Add Depot” and choose “Bitpanda” from the list. Enter your copied API key and click on “Create”. Now all your Bitpanda transactions get displayed.

Step 6: Go to “Reports” and click “Calculate Report”. Purchase a licence to download your tax report and the 25% discount will be automatically applied at checkout. 

Create your Blockpit account following this link, or by going into the ‘History’ section on your Bitpanda verified account. Happy tax season!

Disclaimer

This article does not constitute investment advice, nor is it an offer or invitation to purchase any digital assets. 

The crypto-asset provider, Bitpanda GmbH is solely responsible for the content of this crypto-asset communication. Trading crypto assets carries risk and may not be suitable for all investors as the entire amount invested could be lost. Before investing, you should assure yourself that you understand the nature and risk of crypto investments.