How To Do Your TaxAct Crypto Taxes in 2026
Reporting crypto with TaxAct isn't always straightforward. In this guide, we're covering how to do your TaxAct crypto taxes step-by-step with Koinly.
Does TaxAct support cryptocurrency?
Yes, but it's limited. TaxAct is a great self-filing tax tool, but it isn't purpose-built to handle crypto taxes. So you can manually enter your crypto transactions, but for most investors, this is too time-consuming to be a realistic option, which is why many crypto investors opt to use dedicated crypto tax software like Koinly in combination with TaxAct.
How do I get a TaxAct crypto import?
With a crypto tax tool like Koinly. All you need to do is connect the wallets, exchanges, or blockchains you're using to Koinly, and it'll do the rest for you, calculating your crypto gains, losses, income, expenses, and more. Once it's done, Koinly generates your crypto tax reports, ready to upload to TaxAct when you're filing.
How to do TaxAct cryptocurrency taxes with Koinly
Now that you've got the hang of how Koinly calculates your crypto gains and losses for tax reporting purposes, let's check out how Koinly works with TaxAct:
On Koinly
Log in to your Koinly account and head to the tax reports page.
Download the IRS Reports (Form 8949, Schedule D & 1)
On TaxAct
Log in to your TaxAct account (you'll need TaxAct Premier to file crypto taxes)
Fill out your personal data as it relates to your circumstances.
Select Federal.
Select the Investment Income drop-down
Select Gain or loss on the sale of investments
Enter the total figures from your Koinly report
Upload your Koinly 8949 PDF when prompted. If you're unable to attach the PDF, you'll need to mail this information instead.
To report crypto income (from mining or staking rewards, etc.):
Go to the less common income page.
Scroll down to other income. You can find your income total on the tax report page under summary in Koinly (or in the Complete Tax Report if you prefer). You can separate each kind of income or just report your total.
