# General Settings - Germany

**URL:** <https://discuss.koinly.io/t/general-settings-germany/13359>\
**Category:** Koinly Support\
**Created:** [April 10, 2022, 9:25am UTC](https://discuss.koinly.io/t/general-settings-germany/13359 "2022-04-10T09:25:36Z")\
**Posts on this page:** 4\
**Page:** 1

<div class="post-metadata">

**Author:** ![Hinkel11](https://yyz2.discourse-cdn.com/flex052/user_avatar/discuss.koinly.io/hinkel11/32/7797_2.png) [@Hinkel11](https://discuss.koinly.io/u/Hinkel11)\
**Post date:** [April 10, 2022, 9:25am UTC](https://discuss.koinly.io/t/general-settings-germany/13359/1 "2022-04-10T09:25:36Z")

</div>

Hello,

I am still new to Koinly and just preparing my first tax report for crypto.  
I aam not 100% sure about correct settings that need to be used for tax purposes in Germany.

Could anyone please share the correct setting?

Currently I have a set it to:

Realize gains on crypto → crypto trades: activated  
Realize gains on liquidity transactions: deactivated  
Treat airdrops as income: deactivated  
Treat forks as income: activated  
Treat mining as income: activated  
Treat rewards as income: activated  
**Treat transfer fees as disposals: deactivated**  
**Treat other gains as capital gains: activated** (I am doing leverage trading from time to time)  
Wallet based cost tracking: deactivated

Especially for the two points marked in bold I am not sure if my setting is set correctly.

I would appreciate any feedback.

Thank you.

Kind regards

---

<div class="post-metadata">

**Author:** ![Mark\_DesLauriers](https://yyz2.discourse-cdn.com/flex052/user_avatar/discuss.koinly.io/mark_deslauriers/32/2255_2.png) [@Mark\_DesLauriers](https://discuss.koinly.io/u/Mark_DesLauriers)\
**Post date:** [April 10, 2022, 5:06pm UTC](https://discuss.koinly.io/t/general-settings-germany/13359/2 "2022-04-10T17:06:22Z")

</div>

I was hesitant about replying to your post because I am not familiar with German tax law. However, in case you don’t have any German tax experts weighing in, I thought I would offer a couple of suggestions.

1. I suggest you have a look at Koinly’s Germany Crypto Tax Guide 2022 for guidance on your settings if you haven’t already done so. Here is the link: [https://koinly.io/guides/crypto-tax-germany/](https://koinly.io/guides/crypto-tax-germany/)

2. Koinly’s Tax Guide would indicate that you are correct in deactivating **Treat transfer fees as disposals?** The relevant excerpt from the Guide is below:

### Transferring crypto between wallets

Moving crypto between different exchanges, wallets or accounts is not a taxable event and doesn’t trigger income tax. Having said that, it’s important to keep track of these movements. Try an automated crypto tax software like [Koinly](https://koinly.io/) to keep track of your cost-basis.

TAX FREE

---

<div class="post-metadata">

**Author:** ![Hinkel11](https://yyz2.discourse-cdn.com/flex052/user_avatar/discuss.koinly.io/hinkel11/32/7797_2.png) [@Hinkel11](https://discuss.koinly.io/u/Hinkel11)\
**Post date:** [April 11, 2022, 4:27pm UTC](https://discuss.koinly.io/t/general-settings-germany/13359/3 "2022-04-11T16:27:57Z")

</div>

Ok, thank you. I already knew the Crypto Tax Guide on [Koinly.io](http://Koinly.io) but was not 100% sure about the correct setting. For the leverage trading, after doing some research I also think that it is set up correctly. Has to be activated.

---

<div class="post-metadata">

**Author:** ![system](https://canada1.discourse-cdn.com/flex052/uploads/koinly_app/original/1X/7ac58e5593a7122893d066794a7254dcdb5ddb31.png) [@system](https://discuss.koinly.io/u/system)\
**Post date:** [June 10, 2022, 4:28pm UTC](https://discuss.koinly.io/t/general-settings-germany/13359/4 "2022-06-10T16:28:21Z")

</div>

This topic was automatically closed 60 days after the last reply. New replies are no longer allowed.
