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Crypto Tax Calculator review 2023

With four plans to choose from, this crypto tax software can take the stress out of reporting your crypto taxes to Revenue.

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By

Helen Champion

Updated

Fact checked
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.

Verdict

As its name suggests, Crypto Tax Calculator has a simple system making it easy to report your crypto taxes to Revenue. There are four plans to choose from and its suitable whether you’re new to crypto trading or as experienced as they come. The software also supports over 600 exchanges, wallets and blockchains. There’s support for accountants too, allowing tax professionals to have separate client accounts and generate trading stock reports for a fee.

As a crypto trader, you can also get a 30-day free trial Crypto Tax Calculator. And if you decide to sign up for the reporting software and find it’s not quite right for you, you can get a 30-day money-back guarantee on all four plans.

Pros and cons

  • Four plans to suit every trader, from new crypto investors right up to day traders
  • Allows you to sync 600+ exchanges, wallets and blockchains for tax reporting
  • The basic plan Rookie only supports 100 transactions

How does Crypto Tax Calculator work?

Crypto Tax Calculator is designed to make life easier for you when it comes to calculating your crypto profits or losses and working out if you owe any crypto tax to Revenue.

By sharing your crypto trading transaction history from each exchange, wallet or blockchain you use with Crypto Tax Calculator, the software can help you categorise your transactions, calculate how much profit or income you’ve made and then generate a tax report for the financial year, ready for you to share with your accountant or directly to Revenue.

Crypto Tax Calculator allows you to upload your transaction history via CSV or API integrations and supports more than 600 in total. Another option is to add your public wallet address with Crypto Tax Calculator and share data this way.

Crypto Tax Calculator claims online that it will work with you and any exchanges, wallets or blockchains that you use that are not supported, to work together to try and get these included in Crypto Tax Calculator’s list of supported integrations.

Crypto Tax Calculator not only works out the losses or gains in any given financial year but can also automate the record keeping by tax type. Within Ireland, there is Capital gains tax, Income tax and Capital acquisition tax.

Take a look through our guide on crypto tax in Ireland to better understand how crypto tax works in Ireland.

What are the main features of Crypto Tax Calculator?

The core features of Crypto Tax Calculator include:

  • Full customisable breakdown of calculations. Get reports that are easy to understand and that meet your unique requirements, that can be shared with an accountant or through the Revenue’s Online Service (ROS).
  • Financial reports for all financial years. You can even calculate crypto tax for backdated years within your 12-month subscription.
  • Supports popular exchanges. You can sync all the major exchanges, wallets, and blockchains that you use to Crypto Tax Calculator as it supports over 600.
  • Supports complex tax situations. Crypto Tax Calculator can help with NFTs, DeFi loans and DEX trading, in addition to leveraged trading and staking rewards.
  • Intelligent algorithms. Crypto Tax Calculator utilises a number of algorithms to keep track of all your transactions.

How much does Crypto Tax Calculator cost?

There are no other fees for using Crypto Tax Calculator other than the annual subscription fee. There are four plans to choose from and we’ve listed the fees for each below along with the main difference per plan, which relates to the number of transactions you’re allowed to make:

There are no other fees publicly listed for Crypto Tax Calculator.

Does Crypto Tax Calculator support Irish tax?

Yes. If you live in Ireland, you can sign up for a Crypto Tax Calculator account. It generates capital gains reports, income reports, derivative reports and calculations for all financial years. Although it is not a registered accountant, it does have its own guide to crypto tax in Ireland for you to refer to. There are also a number of other resources that you can use to understand crypto trading better.

Is Crypto Tax Calculator safe?

Crypto Tax Calculator has secure technical and operational controls in place to keep your data safe. Its servers are tracked at all times to avoid any security risk.

Logins are password protected with all credentials stored using a salt + bcrypt hash function. Sharing your crypto transaction history could be seen as a risk to your data however, users can also delete all imported exchange or wallet information at any time.

Take a look at Crypto Tax Calculator

CryptoTaxCalculator dashboard
Supported exchanges and wallets
Example CryptoTaxCalculator reports

Customer reviews

Crypto Tax Calculator scores 4.8 out of 5 based on 194 reviews and is rated Excellent on Trustpilot.

User ratings# of reviewsWhat do customers say
4.8 / 5194
  • “Crypto Tax Calculator is an incredibly thorough and helpful piece of software. It works across multiple wallets and easily tracks when you move assets around those wallets without inflating your bottom line. Also, when I ran into a slight issue with a coin that wasn’t reporting the proper value…support took care of me and patiently explained how to resolve (this).” — Will Barnwell
  • “I have tested many crypto tax tools and this is by far the best one. Recommended if you have many transactions and use DeFi. It will still need A LOT of manual work, especially if you import transaction from DeFi contracts, but that is true of any other tool out there. They provide many features to reconcile and correct the transactions, which really helps.” — Kyrian
  • “This tool is nothing like the tax report generator for shares where you pay the money and the tool does the job for you automatically. For this Crypto Tax Calculator tool, you need to pay (a) hefty price every year and yet you need to do most of the work yourself like painstakingly sorting out transactions! Don’t waste your money and time. Find a better tool in the market.” — Mithun

*Note: Information provided is based on the reviews and rating on Trustpilot (8 November 2022).

Crypto Tax Calculator customer support

You can contact Crypto Tax Calculator in two ways:

  • Email info@cryptotaxcalculator.ie
  • Online chat

How to sign up to Crypto Tax Calculator

  • You can sign up by visiting the Crypto Tax Calculator website and hitting Start Now. Crypto Tax Calculator claims this takes under 1 minute.
  • Enter your email address and a password. Alternatively, you can login using your Google or Xero credentials.
  • Select your country, in this case, Ireland.
  • Follow the instructions for importing your data, check and reconcile any transaction warnings and then select and download the reports you want.
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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