Full support for US, India, UK, Canada, and Australia and partial support for several other countries. Founded in 2017, it supports Coinbase and Coinbase Pro on the basic plan, with automatic API imports, manual entries, and CSV uploads. TaxBit offers free crypto tax reports for the US, supporting unlimited transactions. Founded in 2018, it integrates with select crypto exchanges and provides self-service for blockchains and wallets. Note: TaxBit does not offer customer support. TokenTax offers crypto tax solutions for the US, UK, and Canada, with an intuitive interface and tax-loss harvesting feature (premium plan or higher).

Country-specific reports are available for the US, Canada, Germany, and Norway. Custom tax reports & forms for certain countries like the US, Canada, Germany & Norway. It now supports countries using FiFO, HiFO, LiFO, or ACB methods. It supports FiFO and LiFO for capital gains and integrates with TurboTax, TaxAct, and Wolters Kluwer. Free plan with up to 25 transactions and tax report. Coinledger, founded in 2018, is a TurboTax partner in the US. Coinpanda supports all countries that use FIFO or LIFO cost basis methods for calculating capital gains. Coinpanda supports over 7,000 cryptocurrencies and numerous exchanges via API import.

This guide reviews the best crypto tax software available, helping you track transactions and optimize tax obligations effortlessly. Here’s a quick overview, with detailed tool presentations following in the article. We provide tips on selecting the right software, comparing features, use cases, and pricing. What is Crypto Tax Software, and Why Do I Need It? Crypto tax software helps calculate and file taxes for cryptocurrency transactions like buying, selling, staking, mining, and exchanges.

Look for professionals with crypto investment experience. Using crypto tax software can save time and money, making it easier for your accountant or tax advisor to manage your crypto transactions. Remember, tax professionals need your complete transaction history and will charge a fee. How are cryptocurrencies taxed? Visit HalloSophia to find a local crypto tax expert. Cryptocurrencies are typically taxed as property, with capital gains or losses realized upon the sale, trade, or use of the digital asset.