10 Best Solutions for 2022

Cryptocurrency is an escalator to financial success while other industries are still stuck at being ladders. Thousands of investors across the world have realized the potential of the Crypto market and have invested and profited millions from this new digital currency.

But with great profits comes huge tax liabilities. And getting used to your cryptocurrency taxes all by yourself is difficult. To save you time and reduce any chances of human error creeping into your yearly taxes, we have created a list of top 10 Crypto tax software.

We drew a stiff comparison between each of these tools across multiple parameters such as user experience, customer support, efficiency, and of course, pricing to provide you with a one-stop solution for your crypto tax filing needs.

Best Crypto Tax Software: Top 10 for 2022

If you look up online, there are a million crypto tax software that seems competent and reliable. Needless to say, you should only rely on industry experts when it comes to something as important as your finances and taxes.

So, what are the top 10 Crypto software in terms of accuracy, reliability, transparency, and ease of use? Let’s find out:

1. Taxbit: Best Tax Software For Crypto Overall
2. Koinly: Best Free Crypto Tax Software
3. Tokentax: Best Tax Software Crypto For Complex Filing
4. Zenledger: Fastest Crypto Tax Software
5. Bitcoin Taxes: Best Tax Crypto Software For Comprehensive Services
6. Cointracking: Most Widely Available Crypto Tax Software
7. Cryptotrader.tax: Most Reliable Crypto Tax Software
8. Cryptotax Calculator: Best For Precise Crypto Tax Calculations
9. Accointing: One-stop Solution For All Crypto Tax Problems
10. Turbotax: Most Easy-to-use Crypto Tax Software

Best Crypto Tax Software Reviews – Compared

Let’s now take a deeper look into each of the above-mentioned tools so that you can choose the one that best serves your individual needs.

1. Taxbit: Best Tax Software For Crypto Overall

Taxbit is one of the pioneers as far as the crypto tax software market is concerned. It caters to the taxing and financial needs of everyone dealing with any kind of digital asset, be it large enterprises, government agencies, or individuals. The tool is designed by CPAs and tax attorneys, so rest assured you’ll only get the best results with Taxbit.

Also, its SOC 2 certification guarantees 100% data safety. APIs seamlessly integrate with any native platform and are trusted by some of the largest government organizations.

Best Features

Here is what we love about Taxbit:

• Separate features and experts to look after individual and enterprise needs
• Unlike other unreliable applications that use bots, every process at Taxbit is carried out by a real expert with experience
• Manages every type of digital asset and offers excellent portfolio management services
• Comes with intelligent optimization tools for smart tax calculation and gets you the best returns and financial advice

Pricing

Taxbit comes with a free plan covering unlimited transactions and offers enough features to get your taxes done. If you require additional help, you can check out its paid plans:

Basic

• $50/year
• Unlimited Transactions
• Email + live web support

Plus+

• $175/year
• Unlimited Transactions
• Email + live web support

Pro

• $500/year
• Unlimited Transactions
• Email + live web support+ dedicated concierge

Pros

• Proven record of expertise
• 100% data security
• Compatible with every type of digital asset
• Helmed by real tax experts

Cons

• Limited auto-syncing opportunity

2. Koinly: Best Free Crypto Tax Software

Koinly is another popular crypto tax software specializing in super-fast tax calculation and reporting. As the application claims itself, you can get your digital asset tax done in under 20 minutes. Available in more than 20 countries, Koinly not only does your taxes but also gives you easy tips on reducing your taxes for the next financial year.

Connecting your transactions to your Koinly account is super easy. You can either upload a .csv file or use its API to connect your investment accounts and let Koinly directly import all the data it will need. The most exciting part is that it supports 300+ exchanges and wallets.

Best Features

Here is what we love about Koinly:

• An informative dashboard to give you a glimpse into your profit or loss for a given financial year, total growth, ROI, current holdings, etc
• Koinly tax reports are guaranteed to pass every audit. You can even download them for your team to view.
• Its smart transform matching technology will automatically detect transactions made between your own accounts to exclude them from your tax reports.
• Its double-entry ledger system keeps track of every transaction you make to simplify error tracking and debugging in the future.

Pricing

Koinly offers a terrific free…