This guide enlists the 11 best crypto tax software in 2023, to simplify your tax reporting, calculate your gains and losses, and ensure compliance with the latest regulations.

Crypto taxation is a cumbersome, yet essential process, if you are buying, selling, or exchanging cryptocurrencies (with some exceptions-check your country’s tax rules).

Exchanges, trading platforms, and wallets are not the only crypto-related businesses that require calculating crypto taxes.

Others like crypto mining, and NFTs are also expected to abide by the tax requirements. But now, it’s unclear how to calculate and pay taxes on this income in different countries. This guide will enlist the 11 Best crypto tax software in 2023.

We will particularly be interested in,

1. Does the software support all exchanges, blockchains, and wallets that you need?
2. How easy is it to import your data?
3. Does it provide all tax forms that you need?
4. Does it provide you with a full audit report?
5. Will you have high quality customer service and be able to invite your tax professional to view your forms?

Also, read

9 best crypto tax software in Australia

8 best crypto tax software in the USA

How does crypto tax software in 2023 work?

Crypto tax software allows you to import into it, all your taxable transactions from all the Exchanges and Wallets with which you transacted in the taxable year.

You can simply import these transactions using CSV, API for exchanges or using public key address of your wallets. Some exchanges which are not directly supported by the crypto tax software will need manual entry.

Once all the transactions are uploaded in the crypto tax software, it generates your capital gains/losses and income, which in most cases is available to you free of cost.

It also generates your country-specific Tax Reports (like IRS Form 8949 for the USA) which you can use to file your crypto taxes.

You can file your crypto taxes either by yourself or by sharing the Tax Reports with your accountant or by importing the Tax Reports to your favorite tax filings software like TurboTax, TaxAct and other platforms.

Best Crypto Tax Software in 2023 in the USA

Here is the list of the 11 best crypto software in 2023 with a quick snapshot of their basic features.

CoinLedger (previously known as CryptoTrader.Tax)

Affordable and intuitive with a wide spectrum of partners. Very good for beginners, as quick and ample customer service, help and support is provided by the team complemented with detailed articles.

Check reviews on TrustPilot

Key Features

• Countries supported: USA, Australia, Canada, UK, India, Ireland.
• Tax Forms or Reports provided: IRS 8949 form, short and long-term sales reports, crypto income reports, international gain/loss reports, Audit Trail report, Tax Loss Harvesting, End of Year Positions. Check this for more info.
• Crypto Exchanges supported: CoinLedger integrates with most of the popular crypto wallets, crypto exchanges and DeFi platforms. It supports most of the popular cryptocurrency exchanges like Coinbase, Binance, Kraken, Gemini, Celsius, Bittrex, Uphold, Bitstamp, Changelly, etc.
• Crypto Wallets supported: CoinLedger integrates with most of the popular crypto wallets, crypto exchanges and DeFi platforms. It supports most of the popular cryptocurrency exchanges like Coinbase, Binance, Kraken, Gemini, Celsius, Bittrex, Uphold, Bitstamp, Changelly, etc.
• Blockchain integrations: Ethereum, Binance Smart Chain, Bitcoin, Polygon
• The format in which data is imported from Exchanges and Wallets: For exchanges and wallets having direct integration with CoinLedger, you can directly import all your transaction data by importing an API key or a CSV file for exchanges and public key address for wallets
• Customer Service: Email support and Live chat
• No. of cryptocurrencies supported: 10,000 plus
• DeFi and NFTs support: Yes. NFT support for Ethereum. Check for DeFi integrations.
• Starting Price: Free to view your capital gains/losses. But you need to purchase a paid plan starting at $49 to download Tax Reports.

Pros-Cons

Pricing

CoinLedger offers a free subscription for importing all of your cryptocurrency transaction histories into CoinLedger, as well as viewing your net capital gains and losses and keeping track of your investment portfolio. Payment is only needed when you wish to view and download your entire tax report.

Koinly

Koinly is good for people who do not have a large number of transactions and are looking for a cheap plan. It offers good support for your NFTs and DeFi transactions.

Global crypto tax softawre that offers support to tax requirements in over 20 countries including the USA, Australia, Canada, New Zealand, and more. It supposrts over 160 blockchains, 350 plus exchanges and 50 plus wallets.

Check reviews on TrustPilot

No matter how scattered your transactions have been, how many exchanges you used, or how many wallets you employed. Simply import all your transaction data from all the exchanges in a few clicks to generate your tax-filing report.

Koinly provides services including complete portfolio management for all your transactions in multiple exchanges and wallets, tax calculation of all your gains, and relevant report generation like Form 8949, Schedule D for USA, International tax reports.

Features

• Countries supported: Available in 20 plus countries including USA, Australia, Canada, New Zealand, Germany and more.
• Tax Forms or Reports provided: Country specific tax reports like Form 8949 & Schedule D for USA
• Crypto Exchanges supported: Direct integration with over 397 plus exchanges including Coinbase, Binance, Kraken, Bitfinex, Poloniex, Bittrex and more. Check this.
• Crypto Wallets supported: 50 plus wallets including Ledger, Uphold, Trezor, Exodus, Metamask, etc. Simply connect your wallets using the public addresses. Check this.
• Blockchain integrations: Over 160 plus blockchains supported including Ethereum, Bitcoin, Binance Chain, Cardano, Solana, Polygon (MATIC) and more. Check this.
• The format in which data is imported from Exchanges and Wallets: For exchanges and wallets having direct integration with Koinly, you can directly import all your transaction data by importing an API key or a CSV file for exchanges and public key address for wallets
• Customer Service: Good customer service as is also gauged by the comments of people in TrustPilot. Chat and email support for general inquiries is available here. For email support for specific issues you need to buy the paid plan.
• No. of cryptocurrencies supported: Over 6000 plus cryptocurrencies supported. Check this.
• DeFi and NFTs support: Covers support for DeFi, Margin Trades and Futures. Check the integration with DeFi platforms.

Pricing

Free lifetime access for tax calculation. Only for report generation you need to purchase a paid plan.

Pros-Cons

CoinTracking

Best for diversified and serious investors and traders as it provides even more accurate calculations, and a much comprehensive and all-encompassing reports.

CoinTracking provides support to individual investors as well as corporate.

It provides a complete Dashboard of all your trades, first trade, last trade, the value of total coins, commodities, currencies and more. Check this. Beginners can opt for free and more affordable crypto tax software like CoinLedger and Koinly.

Features

• Countries supported: Tax reports for over 100 plus countries
• Tax Forms or Reports provided: 25 customizable crypto reports, Interactive charts for trades and coins, Profit / loss & Audit reports.
• Crypto Exchanges supported: 80 plus exchanges including legacy support from closed exchanges. Check here.
• Crypto Wallets supported: Multiple wallets support including Ledger, Trezor, MyCellium, Exodus. Check here.
• Blockchain integrations: Avalanche, Bitcoin, Bitcoin Cash, Cardano, Binance Chain, BSC, DASH, Polkadot, EOS, Ethereum (including DEX Ethereum), Fantom, Litecoin, Terra Classic (LUNA), Polygon (MATIC), Solana, Tron (TRX), Stellar, Ripple, Zcash and 200 plus altcoins.
• The format in which data is imported from Exchanges and Wallets: For exchanges and wallets having direct integration with CoinTracking, you can directly import all your transaction data by importing an API key or a CSV file for exchanges and public key address for wallets.
• Audit Report: Yes
• Customer Service: Raise Ticket
  Support Desk listing varied issues
  AI chatbox
  CoinTracking communities:

You can even opt for a Full-Service Plan which will render you support from professional crypto tax professionals.

• No. of cryptocurrencies supported: 20,843 coins and assets
• DeFi and NFTs support: Yes tax support is provided to NFTs, DeFi and DAOs.
• Starting Price: Free preview of reports up to 200 transactions

Pricing

The free version supports 200 transactions, like trades, deposits, or withdrawals that you can enter manually or import via CSV files from all major exchanges.

Post 200 transactions you are required to subscribe to the paid plan, starting at 10.99 USD per month.

Pros-Cons

Accointing

Easy and intuitive user experience, with prompt customer support (reportedly). Good crypto tax software to start for beginners.

Check reviews on TrustPilot

Features

• Countries supported: United States, United Kingdom, Australia, Deutschland, Osterreich, Schweiz
• Tax Forms or Reports provided: Form 8949 and other reports
• Crypto Exchanges supported: 400 plus exchange integrations including Binance, Bitpanda, Kraken, Coinbase and more. Check this.
• Crypto Wallets supported: Over 50 wallets are supported including Coinbase, Daedalus, Exouds, Ledger, MetaMask, Mycelium and more. Check this.
• Blockchain integrations: Binance chain, Binance Smart Chain, Dogecoin, Ethereum, Ethereum Classic and more. Check this.
• The format in which data is imported from Exchanges and Wallets: For exchanges and wallets having direct integration with Accointing, you can directly import all your transaction data by importing an API key or a CSV file for exchanges and public key address for wallets.
• Customer Service: Prompt customer support
  Email support: [email protected]
  You can open your specific support request here. Choose your issue as specific as you can and the team will route you to the right department.
• No. of cryptocurrencies supported: 20,000 plus cryptocurrencies tracked
• DeFi and NFTs support: NFTs support provided
• Starting Price: Free up to 25 transactions

Pricing

You can choose a free plan for up to 25 taxable transactions. Beyond this, you will need to choose a paid plan which starts from USD 79 per year.

Pros-Cons

TokenTax

TokenTax is a global crypto tax software which is mainly recommended for advanced users and businesses. It can calculate as well as file your crypto taxes. It is recommended for all big, small and complex crypto tax calculation and reporting.

Unlike other crypto tax software, which are portfolio trackers, TokenTax was built as a tax accounting software which is well reflected in their tools like Tax Loss Harvesting Dashboard and Minimization accounting method.

Features

• Countries supported: Global crypto software supports almost every country where crypto is taxable
• Tax Forms or Reports provided: IRS Form 8949, Schedule D, FBAR, Audit Trail Report, Tax Loss Harvesting report, Mining and staking report and more tax reports needed specific to your country
• Crypto Exchanges supported: Supports almost every exchange. It integrates automatically with exchanges to gather your data. Check all the integrations here.
• Crypto Wallets supported: Almost all popular crypto wallets. Check all the integrations here
• Blockchain integrations: Check all the integrations here
• The format in which data is imported from Exchanges and Wallets: For exchanges and wallets having direct integration with TokenTax, you can directly import all your transaction data by importing an API key or a CSV file for exchanges and public key address for wallets.
• Customer Service: Email ([email protected]), Text and Call ((845) 663-1173-contact number given at their website at the time of writing this guide)
• No. of cryptocurrencies supported: Check all the integrations here
• DeFi and NFTs support: Yes
• Starting Price: USD 65

Pricing

The basic plan for TokenTax starts with USD 65 per tax year, which supports up to 500 transactions, but only for Coinbase and Coinbase Pro exchanges. The consecutive higher subscription plans support 5000 transactions for USD 199 per tax year, 20,000 transactions for USD 799 per tax year and 30,000 transactions for USD 3499 per tax year.

Pros-Cons

ZenLedger

A US specific tax software that is able to directly integrate with hundreds of exchanges and wallets, to furnish all your crypto tax forms you need for filing of your crypto taxes. As the free plan offers minimal features, ZenLedger is suggested for intermediate and pro crypto investors and traders who can buy the paid plans.

Features

• Countries supported: USA
• Tax Forms or Reports provided: Completed IRS Form 8949, completed IRS Form Schedule D, completed IRS Form FBAR
• Crypto Exchanges supported: 400+ exchanges, including 100+ DeFi protocols, and 10+ NFT platforms. Check exchange integrations here.
• Crypto Wallets supported: Multiple wallets supported including Coinbase, Exodus, Ledger, MetaMask, Trust wallet, Mycelium, Trezor, MyEther Wallet and more. Check the integrations here.
• Blockchain integrations: 30 plus blockchain platforms supported including Algorand, Cardano, Binance Smart Chain, Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, EOS, Polkadot and more. Check the integrations here.
• The format in which data is imported from Exchanges and Wallets:For exchanges and wallets having direct integration with ZenLedger, you can directly import all your transaction data by importing an API key or a CSV file for exchanges and public key address for wallets.
• Audit Report: Yes ZenLedger provides an excel file and Google sheet of full accounting. It provides full report of all the transactions history across all your wallets and exchanges in an easy-to-read spreadsheet.
• Customer Service: Both chat and phone support are provided.
• No. of cryptocurrencies supported: 7000 token types
• DeFi and NFTs support: Yes, DeFi and NFT tax support are provided. Over 100 DeFi platforms supported
• Starting Price: Zero Dollars for up to 25 transactions

Pricing

ZenLedger provides a free subscription up to 25 transactions. Subsequent plans start at USD 49.

Pros-Cons

TaxBit

TaxBit is a free crypto tax software provided your wallet, exchange, DeFi platform or NFT marketplace is part of the TaxBit Network Companies.

The TaxBit Network Companies include all the popular crypto bodies. You only need to select a paid plan in case your crypto exchange, wallet, DeFi platform or NFT marketplace is not part of the TaxBit Network Companies.

Features

• Countries supported: Currently supporting the USA
• Tax Forms or Reports provided: Completed IRS form 8949, Income Report if applicable.
• Crypto Exchanges supported: Over 500 crypto exchanges are supported including most of the popular exchanges like Binance, BlockFi, Celsius, Coinbase, FTX US, Gemini, Paxos, and more in the free subscription.  Check all the Exchange network here.
• Crypto Wallets supported: TaxBit provides direct integration (via public key address) to wallets on the following blockchains-Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Helium (HNT), Dash (DASH), Litecoin (LTC), Binance Smart Chain (BSC), Proton, Polygon, Avalanche, and Bitcoin Cash (BCH). 
  It does not provide direct integration to Exodus, Atomic Wallet, Trezor, and Nexo. 
  For these unsupported wallets, you can export all your wallet transactions to a CSV file, which then can be imported to the TaxBit for tax calculation.
• Blockchain integrations: Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Helium (HNT), Dash (DASH), Litecoin (LTC), Binance Smart Chain (BSC), Proton, Polygon, Avalanche, and Bitcoin Cash (BCH). 
• The format in which data is imported from Exchanges and Wallets: For exchanges and wallets having direct integration with TaxBit, you can directly import all your transaction data by importing an API key or a CSV file for exchanges and public key address for wallets.
• Audit Report: Available for PRO members.
• Customer Service: Email and chat
  General questions
  Submit a request/ticket
• No. of cryptocurrencies supported: Thousands of cryptocurrencies including all the popular ones like Bitcoin, Ether, SOL and more.
• DeFi and NFTs support: Yes DeFi and NFTs support provided.
• Starting Price: Zero USD for unlimited transactions

Pricing

The free plan of Taxbit, as mentioned provides portfolio tracking and tax calculation of unlimited transactions, provided your wallet, exchange, DeFi platform or NFT marketplace is part of the TaxBit Network Companies.

• The full list of features available as part of the Free plan of TaxBit are (for all supported TaxBit Network companies)

  • Unlimited transactions
  • Chatbot and email support ([email protected])
  • CSV upload for 400+ digital platforms (including in- and out-of-network)
  • DeFi Tax Engine
  • NFT Tax Engine
  • Current Year 8949
  • Current Year Income Report
  • Ability to view all aggregated transactions within the TaxBit UI

Pros-Cons

BitcoinTaxes

Good for intermediate crypto traders and investors. One of the reasons for this is that BitcoinTaxes allows direct integration with only 21 exchanges for which you can easily import transaction data via CSV or API. For other exchanges manual entry is required which can be cumbersome for beginners.

Also not good for pro-traders or frequent traders who easily generate over 200,000 transactions. You can find more affordable prices in Bear Tax or other crypto tax software.

Features

• Countries supported: USA, Canada, UK, Germany, Sweden, Australia, New Zealand
• Tax Forms or Reports provided: IRS Form 8949 and Schedule D (for US), Capital Gains reports,
• Crypto Exchanges supported: BitcoinTaxes allows direct integration with 21 crypto exchanges as of now which include: Binance, Bitfinex, bitFlyer, Bitstamp, Bittrex, BTC-e / WEX, CampBX, CEX.IO, Circle, Coinbase, Coinbase Pro / GDAX, Cryptopia, Gemini, HitBTC, Kraken, KuCoin, LocalBitcoins, Paxful, Poloniex, Uphold, VirWox. This means you can import data directly from these exchanges to BitcoinTaxes via a CSV file or via an API key, shared by the exchange.
  For all the other exchanges you will need to either manually enter the data or prepare a specifically formatted CSV for your data.
• Crypto Wallets supported: Most of the popular crypto wallets
• Blockchain integrations: Most of the popular blockchain platforms
• The format in which data is imported from Exchanges and Wallets: For exchanges and wallets having direct integration with BitcoinTaxes, you can directly import all your transaction data by importing an API key or a CSV file for exchanges and public key address for wallets.
• Customer Service: Email and Text message, FAQs, Knowledge Base and Video Library. Check this.
  Send a message.
  Email: [email protected]
• No. of cryptocurrencies supported: Almost all popular cryptocurrencies
• Starting Price: Zero dollars
• Integration with Professional Tax filing software: TurboTax, H&R Block, TaxACT, Drake Software, CCH, or any tax software that supports TXF files. 

Pricing

BitcoinTaxes offers separate set of prices for individuals, traders and tax professionals. For individuals the free plan covers up to 20 trading transactions and email support. The consecutive higher plans cover up to 1000, 5000 and 10,000 trading transactions.

For traders the pricing starts from USD 139 for up to 50,000 transactions and USD 529 for up to 1 Million transactions. For unlimited transactions you can contact BitcoinTaxes directly to negotiate the pricing.

Pros-Cons

Fyn (previously BearTax)

Affordable and global Crypto Tax Software supports 25 countries including USA, India, Japan, Australia, Austria and more.

Features

• Countries supported: Global Tax Software supporting 25 countries including USA, India, Canada, Australia, Japan, Austria, France and more. Check this.
• Tax Forms or Reports provided: Tax reports are based on the country from which you will sign in the Fyn software. For USA, for instance, Fyn furnishes fully completed Form 8949 which you can share with your Tax professional or upload in your tax calculating software like Turbo Tax
• Crypto Exchanges supported: Support 400 plus crypto exchanges including Coinbase, GDAX, Poloniex, Gemini, Binance, Bittrex, and more. Check this for the list of exchanges that are directly integrated with Fyn.
• Crypto Wallets supported: Edge, Exodus, Ledger, MetaMask, MEW and MyCrypto. Check this.
• The format in which data is imported from Exchanges and Wallets: For exchanges and wallets having direct integration with Fyn, you can directly import all your transaction data by importing an API key or a CSV file for exchanges and public key address for wallets
• Customer Service: Chat, Email
• No. of cryptocurrencies supported: Multiple
• DeFi and NFTs support: DeFi support for Celsius and Nexo. NFTs are not currently supported for taxes.
• Starting Price: Zero

Pricing

The free plan allows you to preview and download all your gains and losses from all your exchanges and wallets, up to 20 transactions.

Pros-Cons

CoinPanda

Another global crypto tax software supporting over 65 countries that generates tax reports for all your crypto income such as buy/sell, mining, staking, yield farming, forks, airdrops, gifts, donations, and lost/stolen coins.

Features

• Countries supported: More than 65 countries supported including US, UK, Canada, Australia, Germany. More than 50 fiat currencies are supported.
• Tax Forms or Reports provided: Fully completed Form 8949 and Schedule D, International tax reports, CPA audit trail, Income and expense report.
• Crypto Exchanges supported: Coinpanda has direct integration with more than 500+ exchanges, wallets, and blockchains. Check all integrations.
• Crypto Wallets supported: Coinpanda supports over 80 wallets. Check all integrations.
• Blockchain integrations: Coinpanda supports over 174 blockchains. Check all integrations.
• The format in which data is imported from Exchanges and Wallets: For exchanges and wallets having direct integration with CoinPanda, you can directly import all your transaction data by importing an API key or a CSV file for exchanges and public key address for wallets
• Customer Service: Email support under the free plan and Live Chat, Priority Support under the paid plan.
  Help-Desk
• No. of cryptocurrencies supported: 12000 plus.
• DeFi and NFTs support: DeFi support for all blockchains like Ethereum, Avalanche, Polygon and Elrond. NFTs tax support for OpenSea.
• Starting Price: Zero

Pricing

The free plan allows tax reports up to 25 transactions, unlimited exchanges, NFT and DeFi support , Margin trading and Email support.

Pros-Cons

Crypto Tax Calculator

Features

• Countries supported: Over 22 countries including US, Australia, Canada, UK, New Zealand, Singapore, Japan, Austria, Belgium, Germany, France, Switzerland and a number of other countries
• Tax Forms or Reports provided: Region specific Tax Reports including but not limited to FDorm 8949, 1041 S1Report Summary, Capital Gains Report, Income Report, Trading PnL Report .
• Crypto Exchanges supported: 500 plus integrations with exchanges and wallets. Check all the integrations.
• Crypto Wallets supported: 500 plus integrations with exchanges and wallets. Check all the integrations.
• Blockchain integrations: 500 plus integrations with exchanges and wallets. Check all the integrations.
• The format in which data is imported from Exchanges and Wallets: For exchanges and wallets having direct integration with Crypto Tax Calculator, you can directly import all your transaction data by importing an API key or a CSV file for exchanges and public key address for wallets
• Customer Service: Help Desk and Chat support.
  Email: [email protected]
  Help-desk support
• DeFi and NFTs support: Covers tax preparation for NFT trades from Ethereum, Solana, Avalanche and L2’s. Integration with popular NFT Marketplaces like OpenSea, LooksRare and more.
  DeFi support-Support trading from popular DEXs like Uniswap, Pancakeswap, Sushiswap, Quickswap, Serum and more.
• Starting Price: USD 49 for up to 100 transactions.

Pricing

The free trial can let you to import data, review transactions, see a full breakdown of calculated taxes against each transaction, and review the dashboard. 

The paid plan starts at a price of $49 which covers up to 100 transactions and support to all the exchanges in the Partner ecosystem of Crypto Tax Calculator.

Pros-Cons

FAQs

Best crypto tax software in 2023: Conclusion

Cryptocurrencies are going mainstream day by day. Income, gains, and losses in cryptocurrencies are not only limited to buying, selling, and trading but extend much beyond to spaces like DeFi lending, borrowing, staking, NFTs, airdrops, and more.

In such scenarios, when you broaden your cryptocurrency investments and trades, tracking your portfolio and its associated taxes becomes a cumbersome affair. Yet cryptocurrency taxation is a mandate in most countries.

This guide touches base on the 11 best crypto tax software in 2023 which help you to track your cryptocurrency portfolio, generate relevant and country-specific tax forms, and hence help you to file your crypto taxes.