Crypto tax software

[OlivaRock]

What is the best crypto tax software for reporting crypto transactions? Can crypto tax software calculate capital gains automatically? Does crypto tax software support multiple exchanges and wallets?

 

[Sam]

For professional use, go with something that supports blockchain parsing and smart contract interactions, not just exchange CSVs. Otherwise you’ll miss DeFi stuff. Also ensure it can generate compliant tax reports for your country that’s key if you need audits.

 

[Thaddeus]

Crypto tax software is a tool that helps you track cryptocurrency transactions and automatically calculate taxes owed on crypto gains, losses, and income.

 

[DanieleBun]

Crypto tax software is an application that assists to monitor, compute, and document cryptocurrency acquisitions (trades, staking, DeFi, NFTs) to tax purposes. It receives data on wallets/exchanges, computes gains/losses, and produces reports that are compliant with IRS standards. Examples of these that are popular are Koinly, CoinLedger, ZenLedger, Coinpanda and CoinTracking, to make crypto tax filing easier.