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CryptoTax portfolio tracker and tax app review

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Easily import data, account for airdrops, ICOs and forks and generate compliant tax reports with this program.

  • Good for generating compliant tax documents and intergrating data from 20+ exchanges.
  • Not so great for cost-effectiveness – at least $199 to process more than 50 transactions.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Learn more about:

What is CryptoTax?

CryptoTax is a program that automatically generates tax documents for your cryptocurrency transactions and holdings.

It works by allowing you to directly import your trading history from supported exchanges. You can also upload documents to the CryptoTax program if you trade on unsupported exchanges.

It also has support for other crypto-related systems, such as if you operate a masternode or have other cryptocurrency holdings.

The end result is a much easier way of doing your cryptocurrency taxes than if you had to go through by hand — and it’s potentially much quicker and cheaper than if you had to give the same data to an accountant.

How to use CryptoTax

Go to CryptoTax's website

How much does it cost to use CryptoTax?

There are three pricing tiers for CryptoTax. The main difference between them is the number of cryptocurrency transactions you can process with each tier.

The fees below are accurate as of September 20, 2019.

PriceWhat you get
FreeUp to 50 transactions total
$199 for the tax yearUp to 10,000 transactions each tax year

Access to support

$599 for the tax yearUnlimited transactions

Access to support

Key features of CryptoTax

What does it track?

CryptoTax can be used to track exchange data, airdrops, ICOs, hard forks, staking, margin trading and more.

It works across more than 8,000 cryptocurrencies.

How do I import information to CryptoTax?

You can directly import information from supported exchanges and wallets, or you can upload spreadsheets instead.

What exchanges does CryptoTax support?

CryptoTax supports 20+ exchanges and wallets, including:

In a nutshell

Pros

  • Versatile. CryptoTax can handle regular trades, margin trading, hard forks, airdrops, ICOs and more.
  • Wide exchange and wallet support. You can find a wide range of exchanges and wallets supported directly through CryptoTax.
  • Purpose-built. CryptoTax works differently in different countries, to help ensure the tax documents are more relevant to tax law in your location.
  • One-off payments. You probably only need it at tax time, so the paid models work as one-off payments for the tax year.
  • Generous low price tier. A $199 one-off payment for up to 10,000 transactions could be good value for a lot of people.

Cons

  • Limited free version. The free version is restricted to 50 transactions for life.
Go to CryptoTax's website

Compare CryptoTax against other crypto portfolio tracker apps

Name Product Pricing tiers by transactions Number of integrated exchanges
CoinTracking Cryptocurrency Portfolio Tracking and Tax Reporting
CoinTracking Cryptocurrency Portfolio Tracking and Tax Reporting
  • Free⁠ — 200 trades
  • US$199~ ⁠— 3,500 trades
  • US$397~ ⁠— unlimited
55+
Track trades and generate real-time reports on profit and loss, the value of your coins and more.
Get 10% off upgrades to Pro or Unlimited accounts.
* 2 year and lifetime license plans also available.
  • US$0.99 ⁠— 20 trades
  • US$29.99 ⁠— 200 trades
  • US$59.99 ⁠— 999 trades
  • US$199.99 ⁠— unlimited
25+
Track your trades across 25+ major exchanges to calculate your capital gains and file taxes.
  • Free ⁠— up to 50 total transactions
  • US$199.99 ⁠— up to 10,000 transactions in the tax year
  • US$599.99 ⁠— unlimited
20+
Easily import data from 8k+ coins across 20+ exchanges and generate compliant tax reports.
  • Per tax season:
  • $49 ⁠— up to 100 trades
  • $99 ⁠— up to 2,500 trades
  • $199 ⁠— up to 10,000 trades
  • $200 ⁠— 10,000+ trades
30+
Connect your exchanges, import trades and download your crypto tax report within minutes.
Promo code: CRYPTOTAX10

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Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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