Separate Your Personal and Business Crypto Taxes with Multi-Portfolio
Create multiple portfolios to cleanly separate personal and business crypto, manage family taxes, or isolate trading entities. Each portfolio gets its own wallets, tax settings, and reports.
If you use crypto for both personal investing and business, you know the headache: everything lands in one big pile. Your accountant has to untangle which transactions belong to your LLC and which are personal. It is messy, error-prone, and expensive.
Today we are shipping Multi-Portfolio — the ability to create completely separate portfolios within a single Blockchain Smart Tax account.
Why You Need Separate Portfolios
The IRS and most tax authorities treat personal and business crypto differently. Business income is reported on Schedule C (US) or equivalent, subject to self-employment tax, and uses different deduction rules. Mixing personal and business transactions in one portfolio makes accurate reporting nearly impossible.
Common scenarios where separate portfolios are essential:
- Day trader with an LLC or S-Corp — your entity's trades need to be reported separately from your personal holdings
- Husband and wife filing separately — each spouse needs their own capital gains report
- Freelancer paid in crypto — business income (invoice payments) vs. personal investments (your BTC stack)
- Multiple entities — a holding company and an operating company with different crypto wallets
How to Set It Up
- Go to Settings → Portfolios
- Click Create Portfolio and give it a name (e.g., "Personal" or "Acme LLC")
- Assign wallets to the new portfolio — each wallet belongs to exactly one portfolio
- Configure tax settings per portfolio: country, cost basis method, tax year, and filing status can all differ
- Generate separate tax reports for each portfolio
You can have up to 10 portfolios per account. Switch between them using the portfolio selector in the top navigation bar.
Each Portfolio Is Independent
Every portfolio maintains its own:
- Wallet assignments — wallets are scoped to one portfolio
- Cost basis method — use FIFO for personal, HIFO for business, or any combination
- Tax country and settings — useful if you have entities in different jurisdictions
- Tax reports and exports — download Form 8949 for your personal portfolio and a Schedule C summary for your business portfolio
- Transaction classifications — a token received as business income in one portfolio vs. a personal purchase in another
Your CPA Will Thank You
Accountants charge by the hour. The cleaner your data, the less time they spend untangling it, and the lower your bill. Multi-portfolio gives your CPA exactly what they need: separate, clearly labeled reports for each entity or individual.
You can also use Accountant Read-Only Access to share a specific portfolio with your CPA — they see only that portfolio's data, nothing else.
Getting Started
Multi-portfolio is available now on all plans. If you already have wallets in your account, create a new portfolio and move the relevant wallets over — your transaction history and classifications come with them.
Start free → All features unlocked during beta with up to 10,000 transactions.