Declaring crypto for the first time in Spain 2025

Do you need to declare?

• Sold crypto or made swaps → YES
• Received staking/rewards/airdrops → YES
• Have accounts at foreign exchanges (even with no activity) → YES (Models 172/173)
• Only bought and hold, only Spanish exchange → probably no IRPF required

Two types of declarations:

1. IRPF (income tax): for gains/losses and staking income. Filed May-June
2. Models 172/173: for foreign exchange balances and operations. Filed January. Mandatory even with zero gains.

Steps:

1. Gather complete transaction history from all exchanges
2. Choose kointax (€29/year, free to start)
3. Import all history
4. Review auto-generated report
5. File IRPF and Models 172/173

👉 Start with kointax free to see your situation