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:
- IRPF (income tax): for gains/losses and staking income. Filed May-June
- Models 172/173: for foreign exchange balances and operations. Filed January. Mandatory even with zero gains.
Steps:
- Gather complete transaction history from all exchanges
- Choose kointax (€29/year, free to start)
- Import all history
- Review auto-generated report
- File IRPF and Models 172/173