Compare Crypto Tax Tools
What's the best crypto tax tool in 2024? Here are the top 10 crypto tax solutions for US investors today.
If you've got gains or losses on your crypto investments, you must report them to the Internal Revenue Service (IRS) or your to your country's tax authority. But manually tracking every crypto transaction is time-consuming and can increase inaccuracies. At best, that puts you at risk of overpaying your taxes. At worst, you could be looking at penalties and fines.
We’ve compared the best crypto tax software so you can file your taxes quickly, confidently, and accurately.
| Name | Free Plan | Starting price for tax reports and forms with downloads | Supported exchanges | Transaction limits | Trustpilot score | Tax reports available | Tax software connections |
|---|---|---|---|---|---|---|---|
| Koinly | ✅ | $49 per tax year (100 transactions) | 800+ | 100 to 10,000+ | 4.7 | IRS Form 8949, Schedule D, international tax reports, tax loss harvesting, and comprehensive audit reports. | TurboTax, TaxAct, H&R Block, and more. |
| CoinTracker | ✅ | $59 per tax year (for 100 transactions) | 500+ | 100 to 100,000+ | 4.7 | IRS Form 8949, Schedule D, CRA Schedule 3, CSV universal reports | TurboTax, TaxAct, H&R Block, and more. |
| CoinTracking | ✅ | $0 per tax year (for up to 200 transactions) | 400+ | 100 to unlimited | 3.5 | IRS Form 8949, Schedule D, and other general reports | TurboTax, TaxAct, H&R Block, and more. |
| CoinLedger | ✅ | $49 per tax year (100 transactions) | 600+ | 100 to unlimited | 4.8 | IRS Form 8949, international tax reports, income reports, capital gains reports, audit trail reports, and tax loss harvesting. | TurboTax, TaxAct, H&R Block, TaxSlayer, and more |
| CryptoTaxCalculator | ✅ | $49 per tax year (100 transactions) | 600+ | 100 to 100,000+ | 4.8 | IRS Form 8949 & Schedule D, ATO report, and 10+ other eports | TurboTax, TaxAct, H&R Block, and more. |
| Coinpanda | ✅ | $49 one-time payment (100 transactions) | 500+ | 25 to 3,000+ | 3.9 | IRS forms (8949, Schedule D), international tax reports, and CPA audit trail. | TurboTax, TaxAct, and Wolters Kluwer. |
| ZenLedger | ✅ | $0 per year (up to 25 transactions) | 550+ | 25 to unlimited | 3.6 | IRS Form 8949, Schedule D, tax loss harvesting, and audit trail report. | TurboTax |
| Blockpit | ✅ | $49 per tax year (for up to 50 transactions) | 400+ | 50 - 500,000 | 4.6 | IRS Form 8949 & Schedule D, HMRC report, Formulaire 2086, Swiss FTA report | TurboTax, TaxAct, H&R Block, and more. |
| BitcoinTaxes | ✅ | $0 per tax year (up to 20 transactions) | 39 | 20 to unlimited | 4.5 | IRS Form 8949 and Schedule D. | TurboTax, TaxACT, and H&R Block |
| TokenTax | ❌ | $65 per tax year (up to 500 transactions) | 85 | 500 to 30,000 | 4.8 | IRS Form 8949, IRS audit trail transaction report, and tax loss harvesting. | TurboTax |
Koinly
Koinly is a crypto tax software that supports individuals, business investors, and accountants. You can also securely share account access with your tax agent, accountant, or CPA. Whether you’re a new investor or a degen, Koinly supports all major blockchains, tokens, DeFi protocols, NFTs, and more.
Koinly auto-generates Form 8949 & Schedule D based on your transactions, making it much easier for you to report your capital gains and losses. As well as this, Koinly can also track your portfolio performance and help you identify tax loss harvesting opportunities to help you lower your tax liability and manage your investments.
CoinTracker
CoinTracker is a popular crypto tax tool and portfolio tracker, mainly focused on the US market, with a strong selection of integrations and features.
CoinTracker does, however, only offer many features like performance tracking, tax loss harvesting tools, and 24/7 support for more expensive plans starting from $199 a year - while other platforms do not.
Read an in-depth comparison of CoinTracker VS Koinly.
CoinTracking
CoinTracking is another popular crypto tax software and is often the chosen tool for accountants thanks to the highly customizable nature of imported data. CoinTracking also comes out favorably for pricing for lower-volume investors compared to other platforms.
This said, unlike other platforms that support up to 10,000 transactions free, CoinTracking's free plan only supports up to 200 transactions, and many features like automatic blockchain imports are only available for more expensive plans.
Read an in-depth comparison of CoinTracking VS Koinly.
Coinledger
If you’re looking for tax software that also supports NFTs and DeFi, CoinLedger could be your option. The platform also has live chat across all plans (including the free plan).
The downside of CoinLedger is that there are fewer integrations available and fewer integrations supported automatically (via API). That can mean a ton of manual data entry and reconciliation if you have an unsupported wallet, exchange, or blockchain. It’s not only time-consuming but can negatively impact the accuracy of your tax reporting.
Read an in-depth comparison of Coinledger VS Koinly.
CryptoTaxCalculator
CryptoTaxCalculator mainly focuses its efforts on Australian investors but does offer support for investors from around the globe. The platform has good DeFi support, but this is only available for more expensive annual plans.
This isn't the only feature locked behind a paywall, and while the platform is comparable to other crypto tax tools in terms of pricing, you won't get access to features like tax loss harvesting, multiple inventory methods, advanced tax reports, and more without signing up for one of the more expensive plans, starting from $249 a year.
Read an in-depth comparison of CryptoTaxCalculator VS Koinly.
Coinpanda
Like CoinLedger, Coinpanda also supports NFTs and DeFI. Unlike CoinLedger, you can generate tax reports and forms on the free plan, but only if you have fewer than 25 transactions.
In other words, if you’re a frequent trader, Coinpanda can become expensive compared to other crypto tax software providers due to the limited transaction plans.
Read an in-depth comparison of Coinpanda and Koinly.
ZenLedger
ZenLedger supports more than 400 integrations across all plans and supports DeFi, staking, and NFTs from the Premium Plan upwards. Its customer support offering is one of the most generous across crypto tax software options, with 24/7 premium support (including chat, email, or phone) even on the free plan.
Regarding price, ZenLedger is costly—especially for transactions in the thousands. And unlike other platforms (like Koinly) ZenLedger doesn’t accept crypto as payment. So if you want to upgrade your plan, you’ll need a credit or debit card.
Read an in-depth comparison of ZenLedger and Koinly.
Blockpit
Blockpit is a crypto tax tool that was largely focused on European markets until it acquired Accointing in 2024. The platform offers a variety of international tax reports, as well as IRS tax reports.
The downside of Blockpit for many comes down to pricing and integration support. The platform works out more expensive than comparable platforms, with less support for exchanges and blockchains.
Read an in-depth comparison of Blockpit and Koinly.
BitcoinTaxes
You’ll struggle to find a more cost-effective solution based solely on the volume of transactions vs. account price than BitcoinTaxes. For context, 100,000 transactions (including IRS Form 8949 and Schedule D downloads) will cost $214. So if you’re looking for crypto tax software that does the basics at a reasonable price, BitcoinTaxes is your platform.
But here’s the thing: BitcoinTaxes has to compromise on key areas to keep costs low, meaning the portfolio tracking features many other crypto tax software providers offer is extremely limited. Plus, the platform is basic and supports limited crypto exchanges. Then, customer service is email only across plans. Meaning it can take up to two business days to get a response.
TokenTax
TokenTax is a crypto tax software that serves as a full-service crypto tax accounting firm. From the Premium plan and up, TokenTax supports DeFi and NFT protocols. Similar to ZenLedger, all plans come with live chat support.
TokenTax doesn’t offer a free plan, and its Basic plan stacks up at $65 per tax year for 500 transactions.
Then, they only support 85 exchanges and wallets—which is more than BitcoinTaxes (39) but far less than Koinly (800+) and Coinpanda (500+). If you use TokenTax, you must also complete your own Schedule D, regardless of your plan.
Read an in-depth comparison of TokenTax and Koinly.
6 ways to choose the best crypto tax software for your needs
Here’s how to compare crypto tax software available in the USA to choose the right platform for your needs.
Price
You’ll want to weigh up your ideal budget and crypto tax needs against what each software offers for the price, including:
Specific features: Not every crypto software offers everything you’ll need to file your taxes quickly. Some platforms don’t offer DeFi or NFT support, while others lack portfolio tracking features.
Number of transactions: How many transactions are you getting for the price tag on each platform? How many transactions do you get across plans? And how many transactions include tax reports and form downloads?
Integrations: Check which exchanges, wallets, and blockchains each crypto software supports to reduce the potential of manual data input. If you’re using an unsupported exchange, wallet, or blockchain, it means you’ll need to spend time adding your transactions manually for an accurate tax report.
Tax reports/forms and software connections: Some platforms, like Koinly, will generate Schedule D forms for you, while others (even on paid plans) don’t. For TurboTax users in particular, make sure your chosen crypto tax software provides the correct TurboTax Report depending on whether you’re using online or desktop.
Hidden costs: Some platforms may offer a free plan to generate tax reports and forms, but only for a very limited number of transactions, and the paid plans may end up costing more.
Tax software connections
You’ll want to double-check that each platform you compare syncs with your preferred tax software, for example TurboTax.
Be mindful that some crypto tax software options will only let you connect with your tax software with a specific plan.
Make sure the plan you’re eyeing up includes your preferred tax software connection.
Pro tip: If you use a CPA, accountant, or tax agent, look for software that lets you securely share your account with tax professionals. Koinly and CoinLedger both have this feature.
Supported exchanges
Aim for crypto tax software that connects with all (or most) of your exchanges, wallets, and blockchains.
In particular, support for cold wallets (even if you’re not using them to make taxable transactions) means you’ll easily be able to track your cost basis and get accurate calculations.
The more exchanges your software supports, the less chance you have to import CSV data manually.
Manually downloading and uploading CSVs across multiple exchanges is frustrating and can take hours. Plus, it can increase the likelihood of errors on your tax reports. That means you risk overpaying or underpaying your crypto gains.
Transaction limit
Most platforms provide a yearly transaction limit for their plans. These typically range from 20 to 25 for free plans and 100 to 10,000 across tiered plans, but some plans offer unlimited transactions.
Pro tip: Revisit your trading history to see how many transactions you make a year on average. You can then figure out how many transactions you’ll likely need each year and compare software plans based on that estimate.
Tax reports and forms
The specific tax forms you need to fill out in the US will depend on the type and volume of your cryptocurrency transactions.
If you’ve got gains or losses from crypto, you’ll need to report each individual transaction that resulted in a gain or loss in Form 8949 and attach that form to Schedule D to report your net gain or loss.
As well as this, you’ll also need to identify the fair market value of any crypto income (like staking or mining rewards) and report this in your tax return as well.
It’s a lot of work for active investors, but using crypto tax software that can generate your pre-filled IRS forms for you can save you hours. And if you prefer to file using tax apps like TurboTax, TaxAct, or H&R Block, many crypto tax software providers can generate these reports too, so all you need to do is upload your report.
Pro tip: If you need to file Form 8949 & Schedule D, look for a crypto tax software that auto-generates this for you.
Customer support
Even the most experienced crypto investor will likely need customer support at some point. So when weighing up platform options, look at the support options available, including response times.
Some platforms, like BitcoinTaxes, offer email support only across all plans.
ZenLedger offers free live chat, email, and phone support for 25 transactions.
Other platforms offer live chat in their paid plans.
Pro tip: Check out their websites to see whether the platform offers help centers and online resources. You can also check review sites like Trustpilot to see what users say about customer service delivery.
