Best Crypto Tax Software in 2025

Looking for an inexpensive crypto calculator that will automate the tedious process of importing crypto transactions, consolidate your gains and losses, and generate IRS-compliant reports? Look no further, as we got just the thing.

In the article below, we will present you with the best crypto tax software solutions that can do your taxes while you sit back and focus on improving your investment strategy. In addition, we will also discuss how to choose the best software for your needs and even provide you with a how-to guide on using crypto tax calculators.

Quick Comparison of the Best Crypto Tax Software for the 2025 Tax Season

To help you compare all our recommendations quickly and easily, here’s a handy crypto tax software comparison table that can give you an at-a-glance overview.

Detailed Reviews of Top Crypto Tax Software

If you want to learn more about our recommendations, their strengths, weaknesses, and the type of investor they are best suited for, check out the short reviews below.

Disclaimer: Investing in cryptocurrencies carries significant risk. Values are highly volatile. Never invest more than you can afford to lose. This site does not provide financial advice. Act based on your own research and consult with a financial professional before making decisions. Don’t invest unless you’re prepared to lose all the money you invest.

Detailed Reviews of Top Crypto Tax Software

If you want to learn more about our recommendations, their strengths, weaknesses, and the type of investor they are best suited for, check out the short reviews below.

ZenLedger – Best Premium Crypto Tax App

ZenLedger is an excellent crypto tax solution that simplifies tracking crypto transactions, calculating gains/losses, and reporting crypto taxes. The software is relatively easy to use but offers plenty of advanced features, suitable for both experienced and inexperienced investors.

With ZenLedger, users can easily generate and file IRS-compliant forms by automatically integrating their crypto transaction data into tax reports. The software supports hundreds of exchanges, including the most popular ones, and seamlessly connects with TurboTax for streamlined tax filing.

However, we must point out that some of ZenLedger's best features, like tax loss harvesting, detailed audit reports, and priority CPA assistance, are not available in the free plan. For this reason, we believe that ZenLedger can be the perfect option for serious investors who don’t mind paying the premium fee for excellent service.

Pros:

• Wide range of integrations
• Excellent variety of features
• Generates forms automatically
• Compatible with TurboTax

Cons:

• Not the cheapest option
• Primarily designed for US investors

Koinly – Best Crypto Tax Software Overall

Koinly is a crypto accounting and tax software solution that can track a crypto investment portfolio and simplify crypto taxation. We believe Koinly is the best tax software for crypto because the platform simply excels in every possible area.

Namely, Koinly can integrate with more than 800 exchanges and wallets and is compatible with all popular tax filing software. It offers an excellent set of features, including tax loss harvesting, support for NFT, DeFi, margin, and futures trading, and can generate virtually all types of forms you might need in the US or the other 20 countries it supports.

What’s more, Koinly is very reasonably priced and offers plenty of useful features in its free plan. All in all, the platform is an excellent option for calculating and reporting crypto taxes, and we recommend it to any trader or investor who might need help with crypto taxation.

Pros:

• User-friendly platform
• Generates all forms you might need
• Gives access to plenty of features in its free plan
• Premium plans provide great value for money

Cons:

• Requires some manual intervention
• IRS-compliant forms require a paid plan

CoinLedger – Best Crypto Tax App for Beginners

CoinLedger is one of the most popular crypto tax software solutions on the market, with an overwhelmingly positive reputation and excellent user reviews. It can be the ideal option for beginners or casual investors who don’t need advanced features and want to file their crypto taxes at an affordable rate.

The platform is very easy to use and allows for seamless integration of transactions from more than 500 crypto exchanges. What’s more, it is compatible with some of the most commonly used filing software, it’s capable of generating a variety of IRS-compliant and international forms, and has a more than decent set of extra features.

Best of all, CoinLedger offers plenty of basic tax reporting functionalities in its free plan, which may be the perfect solution for many casual investors. While some premium features are exclusive to paying customers, such as tax-loss harvesting, the premium plans are reasonably priced and offer great value.

Pros:

• User-friendly
• Excellent compatibility and integration support
• A decent set of features in its free plan
• Paid plans offer great value for money

Cons:

• No support for futures trading
• Lacks some premium features

TokenTax – Best Premium Crypto Tax Option for Professionals

TokenTax is one of the best crypto tax software solutions that makes filing crypto taxes simple and effortless. With more than 100 integrations, the platform supports all the most popular exchanges and gives users the tools necessary to import their transactions as seamlessly as possible.

When using its higher-tier plans, TokenTax feels more like an accounting service than a tool to manually calculate and file taxes. It is one of the few platforms that offers completely hands-off crypto tax reporting for the right price.

Speaking of which, we must point out that, unlike most other options, TokenTax does not offer a free plan, and its premium plans come with premium prices. As a result, we believe that TokenTax is a great option for serious investors or professional traders who won’t mind paying a little bit more for personalized tax guidance.

Pros:

• Seamless transactions importing process
• Excellent set of features
• Option for CPA-assisted tax services
• Outstanding customer service

Cons:

• No free plan
• Not ideal for casual investors

Coinpanda – Best Crypto Tax App for International Compliance

Coinpanda is a top crypto tax software solution that can help investors track transactions, calculate gains and losses, and generate accurate tax reports. One of its greatest strengths is its global reach, making it an excellent choice for investors who need tax reports compliant with multiple jurisdictions.

Coinpanda supports over 900 integrations, including more than 400 exchanges and over 150 crypto wallets, making it a highly versatile tool. In addition, it is capable of generating a wide range of tax reports, including IRS-compliant forms and international tax reports for more than 65 countries worldwide.

While the software has great tax reporting capabilities and features, it is not as automated as some other solutions and requires some manual intervention to ensure accuracy. Combined with its reasonably priced plans, Coinpanda is the ideal choice for investors looking for an internationally compliant crypto tax tool.

Pros:

• Integrates with 400+ exchanges
• International forms for 65+ countries
• Compatible with tax filing software
• Reasonably priced

Cons:

• Not fully automated
• Lacks some premium features

Who Needs Crypto Tax Software?

While crypto regulation is still developing in most countries, many jurisdictions, including the US, already have a legal framework that recognizes cryptocurrency as a taxable asset. As such, everyone who owns cryptocurrency, both large-scale investors and casual HODLers, needs to meet their tax obligations and report, file, and pay taxes on their crypto earnings.

Given that tracking and calculating crypto taxes can be a complex, tedious, and time-consuming task, which, if not done right, can have severe financial and legal consequences on the taxpayer, crypto tax software can be a valuable tool for anyone who owns a crypto asset.

This may include:

• Active crypto traders and investors who frequently buy, sell, and trade cryptocurrencies. The software can automate the tracking of gains and losses, calculate their capital gains tax liability, and reduce the room for error.
• DeFi participants who earn from staking, liquidity mining, yield farming, and other DeFi activities, which are taxable in most jurisdictions. The software can help them categorize their rewards accurately and ensure they stay compliant with minimal effort.
• NFT investors who buy, sell, and trade NFTs for profit. Making money with NFTs can involve a number of complex taxable events that require tracking purchase prices, transaction fees, royalties, and capital gains. Using software can ease this pain.
• Businesses and freelancers paid in crypto are also liable to income tax on their crypto earnings. These taxpayers can also use crypto tax software to track their income, easily generate tax reports, and accurately report their crypto taxes.
• Anyone uncertain about meeting their crypto tax obligations and feels they could use the accuracy of automating importing, calculating, and reporting crypto transactions. You don’t have to be a professional to use these tools.

In summary, cryptocurrency tax software can make the life of any crypto owner easier. For just a couple of hundred dollars per year, it can help you get rid of the spreadsheets, save you hours of work, and eliminate the risk of making a costly error while meeting your crypto tax obligations.

How to Choose the Right Tax Software for Crypto?

If you checked out our crypto tax calculator reviews, but are still unsure which software to go for, here are the five most important factors you want to consider when making your pick.

Exchange & Wallet Integrations

The first thing you want to look at when choosing the best crypto tax software for your taxation needs is integrability and compatibility. Manually tracking and importing crypto transactions can be a tedious and error-prone task, so naturally, you want to be able to use software that can automate this process.

Most crypto tax solutions support popular exchanges like Coinbase and Binance, but if you trade on a smaller exchange or a DeFi trading platform, verify if the software you want to use can automatically import data from them.

Additionally, you want to ensure that the software you choose supports API and CSV files that will allow you to import transactions efficiently and accurately. These features can reduce your manual workload, minimize errors, and help you streamline the tax reporting process.

DeFi & NFT Support

Another important feature to look for, especially if you participate in DeFi or invest in NFTs, is native support for NFT and DeFi transactions. Even though many crypto investors engage in them, not every crypto tax app can track and categorize these transactions accurately.

DeFi activities, like mining, staking, yield farming, liquidity mining, and others, include a number of taxable events that can be tricky to track and classify correctly. So does trading and investing in NFTs. Without reliable software, keeping track of purchase prices, minting costs, royalties, and resale profits can be hard and error-prone.

To save yourself the trouble and ensure you calculate and report all these transactions correctly, go for a software solution that can automate these processes.

Tax Forms & Compliance

Besides integrability and functionality, compliance is another key factor to remember when choosing a crypto tax calculator. None of the above features will be helpful if the tool you end up using cannot generate the right tax forms required by the financial authorities.

Agencies in different jurisdictions require specific tax forms for crypto reporting:

• In the US, the IRS requires taxpayers to file Form 8949, Schedule D, and FBAR
• In the UK, the HMRC requires taxpayers to file SA100 and SA108
• In the EU, tax reporting varies by country, but most jurisdictions follow DAC8 regulations
• In Canada, the CRA requires taxpayers to file Schedule 3 and T1135
• In Australia, the ATO requires taxpayers to file a CGT Report and Income Tax Report

Be sure to find a crypto tax software solution capable of generating the necessary forms and keeping you compliant with the regulations.

Pricing & Subscription Plans

As with any other service, you should consider pricing and affordability when making a choice. While the majority of crypto tax services offer a free plan, in most cases, you won’t be able to get everything done as a free user.

Some platforms offer simple calculators for free, while others let you import and calculate your data but require payment when it's time to download the forms. In the simplest of terms, the free plan works more like a preview of the service, but in order for the software to be useful, you will need to purchase a plan.

Luckily, most crypto tax software solutions use a tiered subscription model with reasonably priced lower-tier plans. Oftentimes, their cost depends on the number of transactions a user needs to import and calculate, and the cheaper plans allow more casual traders and passive investors to use the software with a minimal investment.

Be sure to thoroughly review the pricing structures of the software you want and the features and transaction limits included with it. This way, you get the best value for your money.

Automation & Accuracy

Finally, you should also try to evaluate the functionality of the software you are interested in using to do your crypto taxes. We previously mentioned the importance of integrability and API connections that allow users to track and import transactions automatically, but other automation features can further streamline the tax filing process:

• Tax calculation methods, like FIFO, HIFO, and LIFO, can help you calculate gains and losses in the most tax-efficient way.
• Tax optimization tools, like tax loss harvesting, can help identify opportunities to offset your gains and pay less taxes.
• Error detection features can identify mistakes like duplicate transactions, misclassified income, or missing cost basis and ensure your tax report is accurate.

The best crypto tax software offers all of these automation features and can accurately apply them, minimizing errors and maximizing tax efficiency. Choosing one of the platforms we recommend is a safe bet that you will make the right choice.

Free or Cheap Crypto Tax Software Options

If you did some research by yourself, you probably ran into several crypto tax calculators that don’t require payment and are completely free. While some of these free tools are useful enough and serve one or two specific purposes perfectly fine, they are not a substitute for a premium solution.

The best free crypto tax software, or even the free plans of the platform we discussed in this article, can’t provide the level of automation offered by paid software. On a free tax calculator, you still need to track your transactions manually, input the cost basis manually, classify your transactions, check for errors, etc.

Purchasing even the lowest-tier plan of a paid crypto tax solution can make a difference. While the entry-level plans can be limited in terms of the number of transactions supported, in most cases, they still come with premium features like automatic transaction importing, real-time tax calculations, and the generation of IRS-compliant reports.

So, to resolve your dilemma, if you are looking for a basic tool to do your calculations while you do everything else by yourself, by all means, feel free to use a free calculator. But if you want a computer program that, after a quick setup, will do most of the work accurately and in compliance with IRS regulations, you should consider investing in paid software.

How Does Crypto Tax Software Work?

If you haven’t used a crypto tax software tool before and are not sure how to get started, the detailed, step-by-step guide below may help you.

1. Connect Wallets & Exchanges

The first thing you need to do after logging in to the crypto tax app is to link the calculator with your wallet and the exchanges you are using for your crypto investment purposes. Depending on the software you are using, this can be done in two ways:

• API Integration – Go to the API settings of your exchange, generate a read-only API key, and copy and paste it into the tax software.
• CSV Import – Go to the transaction history of your exchange, generate a CSV file containing all your trades, deposits, and withdrawals, and upload it to the tax software.

Regardless of which method you will use, repeat the process for all exchanges and wallets you have used and allow the syncing process to complete.

2. Import Transactions

The importing of transactions should begin automatically as soon as you link your wallets and exchanges to the software. Give it a minute to finish processing, and when it is done, double-check that everything is in order.

Some of the top crypto tax software solutions have an error detection feature that will identify mistakes and alert you during this step. If the data is missing, there are duplicates, or you encounter classification errors, make the necessary corrections before moving forward.

3. Review Gains, Losses, and Taxable Income

Once you are certain that all transaction data has been properly imported and classified, you can begin reviewing your gains and losses and calculating the taxable income.

Depending on its capabilities and the tax laws of the country you are filing in, the crypto tax software will let you choose the cost-based method for the calculation.

Choose the best option that will minimize your tax liability while remaining compliant with the tax regulations of your jurisdiction. In the US, the IRS allows using FIFO, LIFO, and Spec ID methods. Make your selection, let the software do its thing, and move on to the next step.

4. Generate Tax Reports

After reviewing and calculating the taxable income, all that is left now is to generate the tax reports and file them with the authorities. If you are using one of the software solutions we recommend, you should be able to quickly create any type of IRS-compliant form, including:

• Form 8949 – For reporting the disposals of crypto assets
• Schedule D – A summary of all gains and losses
• Schedule 1 – For reporting crypto income, such as mining, staking, etc.
• Schedule C – Required for businesses that get paid for their services in crypto

Before you file the reports, be sure to give them one last review and correction check to ensure there is no missing information or error.

5. File Taxes or Export Data to Tools

With your crypto tax reports created, you can now file them in any way you see fit. You can file them manually with the IRS, send them to your tax advisor, or upload and file them electronically with tax filing software like TurboTax or TaxAct.

Most of the top crypto tax software on our list is compatible with traditional tax filing software, so integrating your reports should be easy enough. We recommend taking this as your last step, as it can act as one final accuracy check before submitting your taxes to the authorities.

Conclusion: Which Crypto Tax Software Is Best for You?

Ultimately, the best software for you is the one that you feel most comfortable using and does the best job of simplifying your tax reporting process. These tools are built to help you manage your crypto taxes more efficiently and be more confident in their accuracy and compliance.

We suggest trying out the free plans of multiple calculators and see which one appeals to you the most. Regardless of which software you choose, we are confident it will make tax season less of a headache and even help you optimize your tax liabilities.

Frequently Asked Questions

Rundown of the Best Crypto Tax Software in 2025

1. TokenTax 
2. CoinLedger 
3. Koinly 
4. Coinpanda