Tax

The tools above are for people with many trades. If you have a few trades, you can use our free Bitcoin tax calculators below:

• USA
• Canada
• UK
• Australia

Crypto tax software helps you take the pain out of manually calculating crypto taxes.

This guide will tell you which one is best for your situation to save you time and money this tax year.

Expert Advice: Before getting software, consult a tax accountant. Tax expert Ian Corzine claims that's the best way to ensure you're running tax software properly.

Fact Check: Before trying one of these software, properly check all tax claims with an accountant or CPA.

Useful Tool: If you only have a few trades, try our free crypto tax software calculators that we created ourselves:

• USA
• Australia
• UK
• Canada

Article Reviewed by Ben Aronson

Ben has over 5+ years working in the finance industry. After 2 years at KPMG, he shifted into software and FinTech. Ben holds a Bachelor of Business Administration (BBA - Accounting and Business/Management) from Reichman University.

Comparison

Compare Trustpilot Ratings

We made this tool to compare Trustpilot scores of any of the companies. (Scores as of June 2024.)

• Koinly
• CoinLedger
• Bitcoin.tax
• Cointracking
• Taxbit
• Cointracker
• TokenTax
• ZenLedger
• Coinpanda
• Blockpit

Koinly - Best Overall

Koinly is an app that makes it easy to import your data and download capital gains tax forms like the 8949, and Schedule D and export to Turbotax. The web interface is pretty simple to use and supports the US, UK, Canada, Australia, and many other countries. Check the website for supported countries

Price range: $49 to $400 per year based on features and number of crypto transactions⁽¹⁾.

Koinly is the first on the list because it is, by far, the most simple crypto tax software that we have tried.

Koinly does make it very simple to prepare tax forms for your crypto activity, but it doesn't do much else (unlike CoinLedger outlined below).

Stand-Out Features of Koinly

• Koinly syncs fast with exchanges and wallets
• Simple software that makes calculating taxes easy
• Good documentation for how to set up connections between every single exchange on the platform

Features That Could Be Improved

• The "free" account won't let you download tax forms, so it's not really free.
• No additional features beyond tax preparation
• The Koinly user interface can be a little bit unclear at times

For these reasons, I might recommend Koinly for users who need very minimal features and just want their tax software to produce tax forms quickly.

Countries Supported	Integrations	Features	Forms	Trustpilot Score
20+	TurboTax, TaxAct	HMRC / ATO / CRA Report	Form 8949 & Schedule D	4.8

Koinly
Countries Supported	20+
Integrations	TurboTax, TaxAct
Features	HMRC / ATO / CRA Report
Forms	Form 8949 & Schedule D
Trustpilot Score	4.8

Visit Koinly's Website

CoinLedger

CoinLedger offers an easy way to calculate all your crypto taxes and has integration with TurboTax.

Price range: $49 - $299 per year based on the number of crypto transactions you made⁽²⁾.

CoinLedger is very simple.

You'll go through a process of connecting all of your exchange accounts as well as your wallets to your CoinLedger account using API keys (don't worry, CoinLedger shows you how to do this for every single exchange). Once connected, you will import all of that data to your CoinLedger account. For US users, CoinLedger will generate Form 1040 and anything else you need.

If you don't trust CoinLedger to directly connect to your accounts, you can export the data from these wallets and exchanges as Excel sheets and import those sheets into your CoinLedger account.

All transactions go through 4 phases:

1. Import (as explained above)
2. Classify
3. Review
4. Tax Reports

Stand-Out Features of CoinLedger:

• Incredibly helpful blog posts with written instructions and videos to supplement.
• Differentiates between short and long-term gains
• A crypto income report that helps you understand your true annual salary for that year
• Direct import to Turbotax, making finalizing your total taxes very easy

Features That Could Be Improved

• Better looking and more versatile non-tax related features like portfolio performance tracking
• A free version of the product

For these reasons, I recommend CoinLedger (formerly CryptoTrader.tax) to users who want to make filing their crypto taxes as painless as possible as well as bookkeeping. If you are not overly worried about granting access to your accounts to your accounting software, then CoinLedger is the software for you. I also recommend CoinLedger to anyone who is mining Bitcoin or other cryptocurrencies.

Countries Supported	Integrations	Features	Forms	Trustpilot Score
USA, Canada, India, UK, Australia + 20 more	TurboTax, TaxAct, H&R Block, TaxSlayer	HMRC / ATO / CRA Report	Form 8949 & Schedule D	4.8

CoinLedger
Countries Supported	USA, Canada, India, UK, Australia + 20 more
Integrations	TurboTax, TaxAct, H&R Block, TaxSlayer
Features	HMRC / ATO / CRA Report
Forms	Form 8949 & Schedule D
Trustpilot Score	4.8

Visit CoinLedger's Website

Bitcoin.Tax

Bitcoin.tax is one of the oldest tools on this list. It was one of the first software.

We were early users of Bitcoin.Tax. However, in our recent testing of tools, it is clear that it's become out of date. Other tools have now surpassed it to become more modern and quick.

CoinTracking

Price Range: $156 per year

Integrations: TurboTax

Testimonial: CoinTracking is a comprehensive feature-rich finance, tax, accounting, and strategic planning crypto dashboard. - Kirk Phillips CPA, CMA, CFE, CBP, DCC & Author of "The Ultimate Bitcoin Business Guide"

Summary: CoinTracking is a crypto portfolio tracker and tax calculator that facilitates the management of digital assets, enabling imports from various wallets, blockchains, and legacy platforms. It supports a wide range of cryptocurrencies and provides features for bulk imports and custom price/NFT integrations.

Awaken

Price Range: $75 - $600 USD per year

Integrations: All major crypto exchanges, wallets, and blockchains. Turbotax, TaxAct, H&R block, Form 8949, Form 1040.

Summary: Awaken is more expensive than some other software, but claims to have more features. It offers unique support for loans and staking. It also will give users credits if they show that other tax software generated taxes wrong.

TaxBit

Summary: TaxBit offers a premier end-to-end compliance and reporting solution for the digital economy, aimed at reducing manual work and improving operational efficiency through its API-powered platform for tax and accounting​.

Our Take: In our experience, we find that TaxBit is more focused on companies and less on the average user.

Cointracker

Price Range: $59 and $199. $599 advanced plan available.

Integrations: TurboTax, HRBlock, and 500+ exchanges and wallets.

Summary: CoinTracker is a platform for automated crypto and NFT tax calculation and portfolio tracking. It generates tax forms within minutes with a notable level of accuracy, ensuring users stay compliant with crypto tax rules. The platform also offers features like automated portfolio tracking, tax loss harvesting, and mobile apps for on-the-go portfolio monitoring. Users can download tax reports swiftly and file them through TurboTax or their preferred accountants, with full support for the US, UK, Canada, and Australia, and partial support for other regions. CoinTracker is trusted by over 1 million users and is the official tax partner of prominent platforms like Coinbase and TurboTax.

TokenTax

Price Range: $65 per year. Advanced plans are also available.

Integrations: TurboTax​

Summary: TokenTax offers automated crypto tax form generation and real-time reports, aiding in time-saving, preparedness, and strategic tax decision-making​. We didn't like that it only allows Coinbase for its cheapest plan and requires a $199 plan for other exchanges.

ZenLedger

Price Range: $0 - $149 per year, $999 plan available for super-advanced traders

Integrations: Turbotax

Summary: ZenLedger simplifies crypto tax filing and portfolio tracking. It's designed to handle DeFi, NFT, and crypto taxes, aiding in trade tracking and accurate profit/loss calculations to ensure users never overpay on crypto taxes​.

CoinPanda

Price Range: 0 - $189 USD per year

Integrations: 800+ exchanges and wallets including all major crypto exchanges, wallets, and blockchains.

Summary: Coinpanda assists in managing crypto taxes and portfolios, offering features like capital gains reports, futures and margin trading support, DeFi, NFTs, and staking tracking across 65+ countries. With 800+ integrations, users can import transactions, preview capital gains, and download tax reports effortlessly​.

Crypto.com Tax

Price Range: Free

Integrations: All major crypto exchanges, wallets, and blockchains.

Summary: While Crypto.com's service is free, there is usually a price. It does not offer as many features as the other software we've posted on our list.

BlockPit

Price Range: 0 - 249 EUR

Integrations: All major crypto exchanges, wallets, and blockchains.

Summary: We like Blockpit better for European users since the team is based in Europe. It likely offers more support for UK and EU users who are using smaller and less-known exchanges that the largest software don't support. Accointing was recently acquired by BlockPit.