Generate Your Tax Forms in 2 Steps
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.
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.
Gain Insight & Save Money Year Round
Trust the experts! Designed by leading Blockchain CPA’s and cryptocurrency tax attorneys, TaxBit supports over 2,500 cryptocurrencies, equities, commodities, and all fiat currencies.
TaxBit has your back with a full cost-basis breakdown. Drill-down into any transaction and see exactly how your cryptocurrency taxes were calculated.
Deductions personalized to you. Claim up to $3,000 a year in capital losses. Carry forward any additional losses. Increase your tax refund.
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
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
The IRS says I need to report my cryptocurrency taxes…, but I had net taxable losses? TaxBit has frequently heard this sentiment from its users. Although losing money on your crypto trades is a major bummer, TaxBit can help you receive some relief in the form of an increased tax refund. With wild price swings and volatile coins, most crypto traders lived through the unfortunate reality of losing…
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October 09, 2019
In 2014 the IRS clarified that cryptocurrency is taxed as property. This means that every cryptocurrency trade or sale is a taxable event. Although taxpayers are required to report taxes on virtual cryptocurrencies such as Bitcoin, the process of doing so before TaxBit was I guess you could say... taxing.Over the last couple of months the IRS has sent thousands of letters to taxpayers who traded…
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September 26, 2019