Refund-maximizing, Cryptocurrency Tax Software You Can Depend On
Plus plans now include 2019 tax forms.
We Make Crypto Taxes Simple
Generate Your Tax Forms in 2 Steps
Sync Transactions
Automatically sync all of your transactions from any of the top exchanges through a read-only API. We also offer CSV uploads with our automatic CSV conversion upload tool.
Download Cryptocurrency Tax Forms
Instantly download your IRS Tax Form 8949. This form can then be handed over to your accountant, or uploaded into popular tax filing software such as TurboTax, TaxAct, etc.
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We Do More Than Just Tax Forms
Gain Insight & Save Money Year Round
CPA Designed Tax Software
Trust the experts! Designed by leading Blockchain CPA’s and cryptocurrency tax attorneys, TaxBit supports over 4,200 cryptocurrencies, equities, commodities, and all fiat currencies.
Full Audit Trail
TaxBit has your back with a full cost-basis breakdown. Drill-down into any transaction and see exactly how your cryptocurrency taxes were calculated.
Optimized Taxes
Deductions personalized to you. Claim up to $3,000 a year in capital losses. Carry forward any additional losses. Increase your tax refund.
What Our Users Think
After getting a letter from the IRS stating I owed them over $10k I was terrified and started looking at crypto tax software options. There are several options out there but I picked TaxBit because I’d heard them suggested by others and I liked that they had the option to get a CPA review. I am so glad I picked TaxBit. Their customer support is top-notch… Thanks to TaxBit I was able to respond to the IRS appropriately and ended up not owing anything. Thank you TaxBit!
– Jessica Ralph
What more can be said? SPLENDID! EXCELLENT! Your company and the service provided is unbelievable. Customer attention and guidance off the charts! What a great find! What a great product! Thank you ...THANK YOU!
– Fred Janisch
I received the most incredible service from TaxBit. With several different softwares out there, I felt most comfortable working with a company that employs onstaff CPA’s and cryptocurrency tax attorneys… TaxBit makes it simple to connect your exchanges and generate your required tax forms. The pricing was perfect and very reasonable, especially compared to others (most of which don't have the expertise in this space). It's so important to work with experts in the crypto tax space - they are experts. I will be using them for years to come!
– Sandra Lasoya
TaxBit was a life saver!! I had two years of back Crypto taxes and very minimal record keeping on my part so I was in big trouble, but when I found TaxBit it allowed me to connect the api from all the crypto exchanges that I used to its interface and it seamlessly calculated all the taxes I owed!
– Paul Joseph
Recent Articles
IRS Releases New Tax Form Asking Taxpayers About Cryptocurrency Activity
The IRS just released a new Schedule 1 for the 2019 tax season asking every taxpayer about their cryptocurrency activity. Specifically, the form requires taxpayers to respond to the following question: “At any time during 2019, did you receive, sell, send, exchange or otherwise acquire any financial interest in any virtual currency.”Signalling increased enforcement, the IRS included this question…
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December 06, 2019
Understanding IRS 8949 Cryptocurrency Tax Form
In 2014, the IRS declared that cryptocurrency, such as Bitcoin, is treated as property for tax purposes. In 2019, the IRS released further guidance through Revenue Ruling 2019-24, which brought cryptocurrency in even further alignment with equities and other capital assets for tax purposes. Taxpayers are required to report their capital gains and losses on the same form (IRS Form 8949) as stocks…
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November 18, 2019
Huobi.com Shutting Down for U.S. Users
Cryptocurrency exchange Huobi.com announced that it is shutting down operations to U.S. users. United States Huobi users have until November 13, 2019 to move their assets off of Huobi.com Users should connect their API’s to their TaxBit account or export their transaction history so that they have records of taxable transactions, per IRS requirements.Exchanges shutting down can make it very…
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November 07, 2019
Poloniex Shutting Down for U.S. Users
Large cryptocurrency exchange Poloniex announced that it is shutting down operations to U.S. users. TaxBit is here to shed some insight and share how to prepare from a tax standpoint. U.S. Poloniex users have until December 15, 2019 to connect their API’s to their TaxBit account or to export their transaction history so that they have records of their taxable transactions.On February 26, 201…
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October 22, 2019
IRS Guidance On Cryptocurrency Mining Taxes
In the crypto tax space there is frequent mention relating to taxpayers’ responsibilities to calculate and report capital gains and losses on an IRS 8949 cryptocurrency tax form. What often gets overlooked is the tax implications and potential deductions for mining cryptocurrency such as bitcoin. Mining cryptocurrency has a unique problem of creating multiple tax implications that must be reported…
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October 21, 2019
IRS Issues New Guidance On Taxation of Cryptocurrency
After months of anticipation, the IRS has finally released its new cryptocurrency tax guidance through Rev. Rul. 2019-24 and an FAQ. Specifically, this new revenue ruling clarifies: 1) proper tax calculation methods; 2) the tax treatment of hard and soft forks; 3) proper sources for pricing data; 4) cost basis assignment on gifted crypto; and 5) taxpayers’ responsibilities.1) Proper Tax…
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October 10, 2019