How do I exclude a manual “summary” wallet from Capital Gains / Form 8949? (Archive doesn’t remove it)

Koinly Support
1

i Koinly Support,

I’m trying to exclude a manual wallet I created (named “Crypto Casinos” ) from my 2025 capital gains / Form 8949 reporting, because it’s a summary wallet and is duplicating activity already recorded in my real wallets.

My setup

  • Real wallets/exchanges: Coinbase + multiple Exodus wallets.
  • I used crypto casinos that don’t provide statements, so I created a manual “Crypto Casinos” wallet in Koinly to summarize gambling.
  • In that manual wallet I entered monthly aggregated lines:
    • gross deposits to casinos (sent from Exodus to casino addresses)
    • gross withdrawals from casinos (received back to Exodus)
    • a monthly net P/L entry
  • The manual wallet was built using totals aggregated from transactions that already exist in Coinbase/Exodus, so it’s a duplicate representation for “gambling summary” only.

Problem
Even after archiving the manual wallet, my 2025 Capital Gains report still shows 58 disposals with Wallet Name = Crypto Casinos , meaning those manual entries are still being included in 8949 calculations.

In my wallet menu, I only see options like: Rename, Archive, Change type . I do not see a clear “Exclude wallet from tax reports” toggle.

Questions

  1. What is the correct way to exclude a manual wallet (or its transactions) from tax calculations so it does not appear in Capital Gains / 8949?
  2. Does Archive normally exclude a wallet from tax, or does it only hide it?
  3. Is there a specific wallet type I should change it to so manual summary entries are ignored for capital gains?
  4. If the only solution is to exclude transactions, what’s the recommended method: ignore , mark as spam , or delete those manual entries so they won’t appear in 8949?

Thanks — I want the real Coinbase/Exodus data to drive 8949, and keep the manual wallet only as a separate gambling summary record.

2

Hi @steve_w

Unfortunately, there is no way to exclude a wallet from the calculations/reports.

Archiving a wallet is only a sorting feature and the transactions in the archived wallet are still included in the calculations.

What you can do is to either delete the wallet or delete the transactions in the wallet.

There is a related feature requested by some other users on our feedback portal which you can upvote:

Generate Tax Reports for Individual or Select Wallets!