Best Crypto Tax Software in 2024
How to Find the Best Crypto Tax Software to Suit Your Needs
If you want to find the best crypto tax software to suit your needs, we designed this tool to help. By answering just 5 questions about your crypto investing history, we will show you the three best crypto tax software for you. These personalised crypto tax software recommendations will save you hours of free trials trying to test the dozens of options on the market.
Do I Need A Crypto Tax Software?
Crypto tax software platforms make it easy to do tax calculations and generate crypto tax reports. Many of them offer free plans so you can evaluate their tool and get started with calculating your cryptocurrency tax liability. They will pull all of your data from your crypto exchanges like Coinbase, pull your crypto transactions off the blockchains you use, and some have portfolio trackers for your crypto asset balances. Crypto tax software can help you abide by crypto tax laws, and some of them have good automations to help you label transactions to follow your country's tax rules. Cryptocurrency tax software will calculate your capital gains tax and income tax liabilities for you. You can download your crypto tax forms so you can either upload them to TurboTax, or provide them to your tax expert for inclusion in your tax return. Many also provide insights into tax loss harvesting. Their use definitely justifies the cost.
Is Cryptocurrency Tax Software Accurate and Reliable?
Cryptocurrency tax software is not accurate "out of the box". It will require some manual reviews and editing to be accurate. Unfortunately, it is hard for these tax tools to keep up with the rapid innovation in crypto, so not all transactions can be automatically labeled. It is often useful to have a crypto tax professional like Crypto Tax Made Easy review your software for errors, and make sure you generate an accurate crypto tax report.
Crypto Tax Software for 2024
There are dozens of crypto tax software to choose from. Many offer a free plan, including:
- Koinly
- Cointracker
- Crypto Tax Calculator
- Zenledger
- Cointracking.info
- Coinledger
- Coinpanda
- Blockpit
- Kryptos
- Awaken.tax
- Netrunner
- TokenTax
- And countless others
Our tool will help you decide which tool to use for your 2024 crypto tax preparation.
How We Picked and Tested Crypto Tax Tools
Our tool is built to help you find the best crypto tax software for you by asking you questions about your trading history. We will match your answers about which blockchains, exchanges, defi platforms, NFTs you have interacted with as well as which country you are in for tax purposes to the tax tools in our database. We will provide you with three options to investigate, and recommend choosing the option with the user interface you like using the most.
Use Our Free Crypto Tax Software Tool
Use our free crypto tax software tool by answering 5 simple questions about your crypto trading history. We will recommend the top three crypto tax software for your needs. No opt in required!