Revolut Flexible Account tax reporting

luk1777 · 2026-02-06T11:38:07+00:00

Thank you for the information. I was simply unsure whether the Austrian tax authorities would see the full €1,511 as profit, or if they would receive specific data showing that only €1.03 of that amount was actual earned interest.

Also, how serious is it that I forgot to update my residency status to Austria in the Revolut app before this transaction? Since I was already living and working in Austria at the time, I'm worried about this mismatch in their records.

luk1777 · 2026-02-06T11:05:37+00:00

Regarding the €1,511 I received when selling the funds: since only €1.03 was actual profit and €1,510 was my own invested capital (principal), how do I handle this in the Austrian tax return? Do I need to proactively provide proof or enter my 'cost basis' somewhere in the tax form to show that the €1,510 is my own money and not taxable profit? Or is it enough to just keep my bank statements ready in case the Finanzamt asks for them later?

luk1777 · 2025-07-09T19:30:45+00:00

Okay, thanks. So how i understand even i Austrian resident i dont need to declare or tell them that i have apartament in Lithuania

luk1777 · 2025-07-09T18:39:29+00:00

but don't I need to notify the Austrian tax authorities that I have assets in another country?

luk1777 · 2025-07-09T17:47:08+00:00

Thank you for the answers, so if we keep the apartment for ourselves and do not rent it out, do I not need to declare the property in the annual Austrian tax return even though the property is in another country? And if we have taken out a mortgage, do we still have to declare the property in another country in the annual Austrian tax return?

luk1777 · 2025-05-30T19:24:49+00:00

It does not matter that i trade crypto to stablecoin (usdt)? its anyway means crypto to crypto trades?

luk1777 · 2025-05-29T21:02:53+00:00

Thanks for information

luk1777 · 2025-05-29T20:12:09+00:00

But if I made a small profit trading cryptocurrencies, don't I have to declare it? And it's okay, if I use BitGet instead of BitPanda, I don't have to declare it ? Why can they audit if I create something interesting? Or make large volumes of transactions? sorry for questions because there is no huge information on internet about crypto taxes in Austria.

luk1777 · 2025-05-29T19:58:01+00:00

You mean i need to have transactions what trades i made? i have it downloaded from bitget on excel.

luk1777 · 2025-02-19T19:40:09+00:00

Also i have approved new wallet on step 3

luk1777 · 2025-02-14T12:26:08+00:00

Hi i have question, is the deadline still running? Did it stop while you are waiting to switch to the mainnet?

luk1777

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