Did you pay tax on your crypto? How much and how stressful was it?

1

Crypto.com

I tried to use tax.crypto.com yesterday, but I was not able to import my info or reports from bitcoin.tax Also there doesn't seem to be anyway to make a report or .csv for their own cyrpto.com defi wallet. I found some app someone made that took the crypto.com defi wallet address and made a report for Koinly, so I switched to Koinly. And I was excited and surprised to see that you could also feed it a bitcoin.tax report. After feeding those reports and connecting an api to every major exchange, it says I have way more bitcoin than I actually have. It seems to scrub all the exchange info from the bitcoin.tax report, just lists them all as "bitcoin.tax" exchange, and not the original exchange info, so its almost impossible to figure out the huge discrepancy, and track it all down. I cant cross reference my coinbase transactions, as Koinly only lists about 3 transactions from coinbase, when I have many pages in my history on my coinbase account. Most of these transactions are somewhere hidden in the "bitcoin tax exchange" descriptor, and I haven't figured out a way to reveal the actual exchange, and I'm not going to comb through 1000 of transactions to correct it.

#Cryptocurrency Exchange #Crypto #Cryptocurrencies 13655 social mentions

2

CryptoTrader.Tax

I cannot speak for the best, but I use cryptotrader.tax which integrates with my tax software Turbotax. I am a major buy and hold person though and I don't really do any DeFi or lending, just strictly buying and holding/staking. Cryptotrader is enough for me with just handling my staking rewards. But I also pay for it. I have heard that there are some free websites (someone on this reddit said Crypto.com has a 100% free crypto tax site) but test those because I cannot vouch for them.

#Fintech #Crypto #Cryptocurrencies 170 social mentions

3

Koinly

a free account on koinly.io shows income and realized gains.

#Finance #Cryptocurrencies #Taxes 306 social mentions

4

CoinTracker

#Fintech #Crypto #Cryptocurrencies 116 social mentions

5

TokenTax

I used https://tokentax.co/ They scan your addresses and give you tax documents. I fixed a couple things with them then gave the tax docs to my CPA. They give you everything you need so you could just file yourself.

#Fintech #Crypto #Cryptocurrencies 23 social mentions

6

Bitcoin.Tax

I tried to use tax.crypto.com yesterday, but I was not able to import my info or reports from bitcoin.tax Also there doesn't seem to be anyway to make a report or .csv for their own cyrpto.com defi wallet. I found some app someone made that took the crypto.com defi wallet address and made a report for Koinly, so I switched to Koinly. And I was excited and surprised to see that you could also feed it a bitcoin.tax report. After feeding those reports and connecting an api to every major exchange, it says I have way more bitcoin than I actually have. It seems to scrub all the exchange info from the bitcoin.tax report, just lists them all as "bitcoin.tax" exchange, and not the original exchange info, so its almost impossible to figure out the huge discrepancy, and track it all down. I cant cross reference my coinbase transactions, as Koinly only lists about 3 transactions from coinbase, when I have many pages in my history on my coinbase account. Most of these transactions are somewhere hidden in the "bitcoin tax exchange" descriptor, and I haven't figured out a way to reveal the actual exchange, and I'm not going to comb through 1000 of transactions to correct it.

#Finance #Tool #Fintech 106 social mentions