This guide reviews the best crypto tax software available, helping you track transactions and optimize tax obligations effortlessly.
We provide tips on selecting the right software, comparing features, use cases, and pricing. Here's a quick overview, with detailed tool presentations following in the article.
Best Crypto Tax Tools 2024
<figure class="block-table">
<table>
<tr>
<th>Name</th>
<th>NFT Support</th>
<th>DeFi Support</th>
<th>Portfolio tracking</th>
<th>Pricing</th>
</tr>
<tr>
<td>Blockpit 🥇</td>
<td>Full Support</td>
<td>Full Support</td>
<td>Yes, Free</td>
<td>from 49$</td>
</tr>
<tr>
<td>CoinTracker</td>
<td>Limited</td>
<td>Limited</td>
<td>Yes, 59$/month</td>
<td>from 59$</td>
</tr>
<tr>
<td>TaxBit</td>
<td>Very Limited</td>
<td>Very Limited</td>
<td>–</td>
<td>Free</td>
</tr>
<tr>
<td>TokenTax</td>
<td>Yes</td>
<td>Yes</td>
<td>No</td>
<td>from 65$</td>
</tr>
<tr>
<td>Koinly</td>
<td>Yes</td>
<td>Limited</td>
<td>Yes, Free</td>
<td>from 49$</td>
</tr>
<tr>
<td>ZenLedger</td>
<td>Limited</td>
<td>Yes</td>
<td>No</td>
<td>from 49$</td>
</tr>
<tr>
<td>CryptoTaxCalculator</td>
<td>Full Support</td>
<td>Full Support</td>
<td>Yes, Free</td>
<td>from 49$</td>
</tr>
<tr>
<td>Coinpanda</td>
<td>Yes</td>
<td>Yes</td>
<td>Yes, Free</td>
<td>from 79$</td>
</tr>
<tr>
<td>Coinledger</td>
<td>Limited</td>
<td>Yes</td>
<td>Yes, Free</td>
<td>from 49$</td>
</tr>
</table>
</figure>
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.
It integrates with crypto exchanges and wallets to import transaction data, track performance, and generate tax reports, also offering tax optimization tips.
With increasing regulatory scrutiny, using crypto tax software ensures compliance and helps avoid costly mistakes or audits. It keeps you updated with changing tax laws and accurately categorizes and reports transactions.
<div fs-richtext-component="info-box" class="info-box protip"><div class="flex-info-card"><img src="https://assets-global.website-files.com/65098a145ece52db42b9c274/650c6f4b151815fb0be48cec_Lightning.svg" loading="lazy" width="64" height="64" alt="" class="icon-info-box"><div fs-richtext-component="info-box-text" class="info-box-content"><p class="color-neutral-800">When choosing crypto tax software, ensure it offers country-specific tax reports, automatic imports from exchanges and wallets, and dedicated customer support. Most tools offer free trials, so test the software thoroughly before purchasing a license.</p></div></div></div>
1. Blockpit
Founded in 2017, Blockpit is a pioneering European company specializing in crypto tax solutions for individual investors. In 2023, Blockpit acquired competitor Accointing, enhancing its capabilities and reach. Actively shaping European crypto regulations, Blockpit offers country-specific tax reports, pre-filled forms, and KPMG-cooperated reports.
Blockpit supports numerous exchanges, wallets, and blockchains, with advanced features for NFTs, DeFi, staking, and mining taxation.
Blockpit’s tax optimization highlights ways to lower tax obligations, and it provides dedicated customer support. The crypto portfolio tracker is free, but a license is needed for the tax calculator.
Features
Pro
- Country-specific tax reports
- Pre-filled tax forms
- Explanations for tax authorities
- Individual tax treatment for various asset types (crypto, NFTs, derivatives, commodities, fiat)
- View NFT images directly in the transaction overview
- DeFi support
- Smart blockchain imports for 250,000+ assets
- Tax optimization and portfolio tracking included
- Mobile app for iOS and Android
- Dedicated customer support for every user
- Advanced portfolio tracking features
- In-App Support Bot
Con
- Country-specific tax frameworks can't be changed after setup
Pricing
Per Tax year:
- Free – Portfolio tracking without tax reports
- Lite – 49$ – Portfolio tracking, tax reports for up to 50 transactions
- Basic – 109$ – Portfolio tracking, tax reports for up to 1k transactions, tax optimization feature
- Pro – 269$ – Portfolio tracking, tax reports for up to 25k transactions, tax optimization feature, advanced performance indicators
- Unlimited – 639$ – Portfolio tracking, tax reports for 500k transactions, tax optimization feature, advanced performance indicators
Trial
Free trial with unlimited import of transactions and portfolio tracking. No tax report.
NFT & DeFi
NFT support on Ethereum, Polygon, Solana, Cardano, Near, Terra, Crypto.org, Avalanche, Klaytn, Fantom, Tron, BNB Smart Chain, Harmony, Velas, XRP / (including images)
Support of major DeFi protocols on Ethereum, Polygon, Solana, Terra, Crypto.org, Avalanche, Klaytn, Fantom, Tron, BNB Smart Chain, Harmony, Velas, XRP, Osmosis, Moonbeam, Kujira, Arbitrum, Radix
Country Support
Germany, USA, UK, Austria, France, Spain, Netherlands, Switzerland, Belgium, Italy (coming soon)
<div fs-richtext-component="info-box" class="info-box"><div class="flex-info-card"><img src="https://assets-global.website-files.com/65098a145ece52db42b9c274/650c6f4cef4c34160eab4440_Info.svg" loading="lazy" width="64" height="64" alt="" class="icon-info-box"><div fs-richtext-component="info-box-text" class="info-box-content"><p class="color-neutral-800">It might seem unusual to place ourselves first, but the facts speak for themselves: Blockpit is the leading crypto tax tool. With over 350,000 customers and more than 1 million tax reports generated, our European-based company offers unmatched experience, top-notch compliance, user-friendly design, money-saving tax optimization features, and dedicated support for all users. Interested? Get started for free today!</p></div></div></div>
2. CoinTracker
CoinTracker supports over 300 exchanges and 8000 cryptocurrencies and integrates with TurboTax and TaxAct for US e-filing. Users can share tax reports with tax professionals, and pricing is based on the number of transactions.
Features
Pro
- NFT Gallery for Ethereum addresses
- Automatically connect to TurboTax, H&R Block Online, TaxAct, or Wolters Kluwer CCH for e-filing of tax report
Con
- Limited options for manual editing of transactions
- Only shows NFT images on Ethereum
- Lack of DeFi support on other chains
- Tax loss harvesting feature only integrated in portfolio management plan (Pro)
Pricing
Per tax year:
- Base – 59$ – up to 100 transactions
- Prime – 179$ – up to 1k transactions
- Ultra – 599$ – up to 10k transactions
Trial
Free tier including tax summary, portfolio value and self-serve support.
NFT & DeFi Support
Support for NFTs on Ethereum and Solana
Support for DeFi on Ethereum
Country Support
Full support for US, India, UK, Canada, and Australia and partial support for several other countries.
3. TaxBit
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.
Features
Pro
- 100% Free
Con
- Poor UX
- Hard to manually edit transactions
- Basically no support
- No tax loss harvesting feature
Pricing
Free – Unlimited transactions
NFT & DeFi Support
Very basic NFT and DeFi support
NFTs are shown without images
Country Support
USA focus, available worldwide
4. TokenTax
TokenTax offers crypto tax solutions for the US, UK, and Canada, with an intuitive interface and tax-loss harvesting feature (premium plan or higher). Founded in 2017, it supports Coinbase and Coinbase Pro on the basic plan, with automatic API imports, manual entries, and CSV uploads. TokenTax supports FiFO, HiFO, and LiFO methods, offering partial support for other tax frameworks.
Features
Pro
- Intuitive interface
- Tax-loss harvesting feature
Con
- No free trial
- Base plan supports only Coinbase and Coinbase Pro
Pricing
Per tax year
- Basic – 65$ – up to 100 transactions
- Premium – 199$ – up to 5.000 transactions, tax loss harvesting
- Pro – 1,599$ – up to 20,000 transactions, tax loss harvesting, margin/options PnL calculations
- VIP – 2,999$ – up to 30,000 CEX transactions, tax loss harvesting feature, consultations with tax expert, advanced crypto reconciliation view
Trial
No free trial
NFT & DeFi Support
Yes
Country Support
US, UK, Canada + Generic reports
5. Koinly
Koinly is a popular crypto tax tool with country-specific frameworks and a user-friendly interface. The free version offers most features for up to 10,000 transactions. It provides generic tax reports for 34 countries, multiple cost-basis methods, and supports over 20,000 cryptocurrencies, various exchanges, wallets, and blockchains. US users can export files compatible with TurboTax and TaxACT. Koinly also includes error reconciliation features.
Features
Pro
- TurboTax Online (and CD/DVD), TaxACT
- Multiple cost-basis methods
- Smart transfer matching between your own wallets
- Good user experience, easy to reconcile transactions manually
Con
- Basic NFT support (not showing the pictures in the transaction overview) for most EVM-based blockchains such as Ethereum, BNB Smart Chain, Fantom, Avalanche, Polygon, Cronos as well as Solana.
- No tax-loss harvesting feature
- No prefilled country specific tax reports outside the USA
Pricing
Per tax year:
- Free – up to 10,000 transactions, portfolio tracking, no tax reports
- Newbie – 49$ – up to 100 transactions
- Hodler – 99$ – up to 1,000 transactions
- Pro – 199$ – up to 3,000 transactions or 299$ – up to 10,000 transactions
Trial
Free trial with up to 10,000 import transactions. No tax report.
NFT & DeFi Support
NFT support for EVM-chains and Solana
DeFi support for basic 1:1 transactions
Country Support
Generic tax reports for 34 countries (support of multiple cost-basis methods depending on country: FIFO, LIFO, HIFO, Average Cost, Share Pooling & Spec ID)Pre-filled tax forms for USA
6. ZenLedger
ZenLedger's crypto tax calculator supports the US tax system and provides generic reports for other countries. Subscription plans include DIY options and more expensive plans where tax professionals handle everything. Country-specific tax forms and TurboTax integration are available for US users. Generic reports support FiFO, LiFO, and HiFO methods. All plans include a tax-loss harvesting tool.
Features
Pro
- TurboTax Integration
- Tax-Loss Harvesting Tool
Con
- Hard to edit transactions manually
- Strong US focus
Pricing
Per Tax year
- Silver – 49$ – up to 100 transactions
- Gold – 199$ – up to 5,000 transactions
- Platinum – 399$ – up to 15,000 transactions
Trial
None
NFT & DeFi Support
Yes, but NFTs without picture
Country Support
Country specific pre-filled tax form only for the US.
Support for every country where either FiFo, LiFo, or HiFo is used.
7. CryptoTaxCalculator
CryptoTax's software, founded in Australia in 2018, is beginner-friendly. It offers a free version for portfolio tracking. Access to advanced features like tax loss harvesting and priority support depends on your subscription. It supports API key integrations and CSV uploads. Generic reports with country-specific tax settings for 22 countries are available, but no pre-filled tax forms.
Features
Pro
- Free trial version
Con
- Hard to manually edit transactions (especially converting deposits/withdrawals to trades or transfers)
- Weak token database, i.e. tokens listed under the top 200 on Coinmarketcap are not recognized by the software
- Overwhelming UI with a lot of information
Pricing
Subscription, billed yearly
- Rookie – 49$
- Hobbyist – 99$ – up to 1,000 transactions
- Investor – 249$ – up to 10,000 transactions, tax loss harvesting
- Trader – 499$ – up to 100,000 transactions, tax loss harvesting, priority support
Trial
Free trial with transaction import and portfolio tracking. No report.
NFT & DeFi Support
Yes
Country Support
Generic reports with predefined country-specific tax settings for each of the supported countries: Canada, US, Australia, Japan, New Zealand, Singapore, Austria, Belgium, Germany, Finland, France, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom, South Africa.
8. Coinpanda
Coinpanda's crypto tax software serves North America and parts of Europe. It offers a free license for up to 25 transactions, including imports, DeFi, NFTs, margin trading, and tax reports. Country-specific reports are available for the US, Canada, Germany, and Norway. It supports FiFO and LiFO for capital gains and integrates with TurboTax, TaxAct, and Wolters Kluwer. Coinpanda supports over 7,000 cryptocurrencies and numerous exchanges via API import.
Features
Pro
- TurboTax, TaxAct, Wolters Kluwer
- Shows NFT pictures directly in the transaction overview
Con
- Hard to reconcile transactions manually
- Basic tax loss harvesting feature
Pricing
Per tax year
- Free – 25 transactions
- Hodler – 79$ – up to 100 transactions
- Trader – 149$ – up to 1,000 transactions
- Pro – 249$ – up to 3,000 transactions
Trial
Free plan with up to 25 transactions and tax report.
NFT & DeFi Support
Yes
Country Support
Coinpanda supports all countries that use FIFO or LIFO cost basis methods for calculating capital gains. Custom tax reports & forms for certain countries like the US, Canada, Germany & Norway.
9. Coinledger
Coinledger, founded in 2018, is a TurboTax partner in the US. It now supports countries using FiFO, HiFO, LiFO, or ACB methods. The software integrates with TurboTax, TaxAct, H&R Block Desktop, and TaxSlayer. The free license allows unlimited transactions but doesn't include tax reports. Its user-friendly interface offers guides for importing transactions from various exchanges, wallets, and blockchains.
Features
Pro
- TurboTax integration, TaxACT, H&R Block Desktop, TaxSlayer
Con
- Country specific tax report only for US
Pricing
- Free – Portfolio tracking, no tax reports
- Hobbyist – 49$ – up to 100 transactions
- Investor – 99$– up to 1,000 transactions
- Pro – 199$ – 3,000+ transactions
Trial
Free plan with unlimited import of transactions. No tax report.
NFT & DeFi Support
Yes, NFTs without pictures.
Country Support
Prefilled country specific tax report only for US.
Generic reports with either FiFo, LiFo, HiFo or ACB (Adjusted Cost Base) calculation method
Looking for Extra Help?
Certified public accountants, tax advisors, consultants, and lawyers can file your taxes. Look for professionals with crypto investment experience.
Visit HalloSophia to find a local crypto tax expert. Remember, tax professionals need your complete transaction history and will charge a fee.
<div fs-richtext-component="info-box" class="info-box protip"><div class="flex-info-card"><img src="https://assets-global.website-files.com/65098a145ece52db42b9c274/650c6f4b151815fb0be48cec_Lightning.svg" loading="lazy" width="64" height="64" alt="" class="icon-info-box"><div fs-richtext-component="info-box-text" class="info-box-content"><p class="color-neutral-800">Using crypto tax software can save time and money, making it easier for your accountant or tax advisor to manage your crypto transactions.</p></div></div></div>
FAQ
How are cryptocurrencies taxed?
Cryptocurrencies are typically taxed as property, with capital gains or losses realized upon the sale, trade, or use of the digital asset. Tax liabilities depend on the holding period, jurisdiction, and individual circumstances. To sum it up: it depends.
Check out or crypto tax guides to learn more about crypto taxation in your jurisdiction.
Do crypto exchanges like Binance or Coinbase report directly to the tax authorities?
Yes, many crypto exchanges, including Binance and Coinbase, are required to report certain transactions to tax authorities in compliance with jurisdiction-specific regulations. While this seems to be specific to the US, we’re also seeing similar efforts and developments in Europe – most recently with the DAC8 directive.
Can tax authorities track crypto transactions?
Tax authorities are enhancing methods and partnerships to track cryptocurrency transactions. While some cryptocurrencies offer partial anonymity, most transactions on public blockchains can be traced. Authorities also collaborate with crypto exchanges and financial institutions to gather user transaction information.
How do I import crypto transactions into the crypto tax software?
Most of your transactions can usually be imported automatically by connecting your exchange or wallet with the crypto tax tool. This can happen with API keys or through public keys. Everything else can be imported manually or by uploading a CSV file.
Can I file the crypto tax return myself?
Yes, of course. Blockpit offers a software solution for creating your crypto tax return to support your efforts.