Terra Classic taxes: How to do your tax declaration in 2026

Turn your Terra Classic transaction history into a clear, ready-to-use crypto tax report with Blockpit.

Your report brings together your complete crypto portfolio with your full Terra Classic activity and thousands of other supported integrations to show all the gains, losses, income, and transaction details relevant to your tax return.

Blockpit is trusted by hundreds of thousands of crypto investors worldwide to create tax reports based on the rules for their selected country and tax year. This means you do not have to calculate your Terra Classic taxes manually or piece together data from different exchanges and wallets.

Import and review your Terra Classic transactions for free today. When you are ready, generate your Blockpit crypto tax report in a few clicks.

See your Terra Classic tax report before you start

Explore a sample Blockpit tax report to see the clear, structured PDF documentation you can generate for your Terra Classic taxes.

View Blockpit's sample tax reports →

Your Terra Classic tax data, checked and organised

Blockpit categorises supported Terra Classic transaction data according to the relevant tax categories such as gains, losses, and income. It then processes this data using your local tax rules to generate your crypto tax report.

Import Scope

See exactly which Terra Classic assets and transaction types Blockpit can process.

Supported assets

✅ Fiat (EUR, USD, CHF, etc.)
✅ Crypto (Coins & Token)
✅ NFTs (NFT Collections)
✅ Commodities (Gold, Silver, etc.)
✅ Derivatives (Tokenized Stocks, Tokenized Commodities, Securitized Derivatives etc.)

Transactions

General
✅ All native transaction types are supported (incl. Governance, Staking, Delegating, etc.)
✅ IBC-Transfers (Inter-Blockchain-Communication Protocol – Bridging)
✅ CW20 Tokens

Swaps (Trades)
✅ Terraswap
✅ Terraswap Clones
✅ + Many more DEXs

NFTs (ERC721)
✅ Mints
✅ Claims
✅ Transfers
✅ Trades
✅ Random Earth Exchange

Liquidity Providing/Mining
✅ Terraswap
✅ Terraswap Clones

Lending
✅ Anchor-Protocol

Staking, Airdrop & Bounty Rewards
✅ Deposits

Review your Terra Classic data with confidence

After importing your data, Blockpit brings your Terra Classic transactions together in one clear overview. Use the review tools to check your data, identify items that need attention, and prepare your portfolio for reporting.

Find transfers that still need to be matched
Spot transactions that need a label
Identify balance differences
Review potential data issues
Filter by asset or transaction type
Access step-by-step help when you need it

Learn more about reviewing and resolving data issues in our Help Center.

Frequently Asked Terra Classic Questions

Do I have to pay tax on Terra Classic?

Yes. Crypto and Terra Classic activity is generally taxed on gains, losses, and income, although the specific rules depend on your tax residence, the tax year, and your individual circumstances. Buying, selling, swapping, receiving rewards, or transferring cryptocurrencies can all be relevant to your tax return. For more detail, see our crypto tax guides.

Can Blockpit include Terra Classic in my tax report?

Blockpit supports the Terra Classic data and transaction types listed above. Once imported and reviewed, this data can be included alongside your other exchanges, wallets, and assets in your Blockpit tax report.

What information should I keep for my tax return?

Keep a complete record of your crypto activity, including transaction dates, assets, amounts, values, costs, fees, and transfers between platforms or wallets. A complete portfolio view makes it easier to review your transactions and document your tax position.

Are crypto tax reporting rules changing?

Yes. Tax authorities may already obtain information about crypto activity through data requests and international information-sharing arrangements. In the EU, DAC8 makes crypto tax reporting more systematic: relevant crypto service providers began collecting reportable data in 2026, with the first exchanges of that data expected in 2027. This might include your Terra Classic data.

If you have taxable crypto activity, now is the time to make sure your transaction history is complete and your tax return is accurate.

Terra Classic Taxes: How to Calculate & Report