Software Alternatives & Reviews

CoinTracker VS TaxBit

Compare CoinTracker VS TaxBit and see what are their differences

CoinTracker logo CoinTracker

The most trusted cryptocurrency tax and portfolio manager

TaxBit logo TaxBit

TaxBit is an advanced intelligence-based platform that allows getting the detailed overview of tax reports by interacting with digital cryptocurrency rates like Bitcoin, Ethereum, BlockFi, Coinbase, Gemini, and many more with easy-to-use exchanging …
  • CoinTracker Landing page
    Landing page //
    2021-09-12
  • TaxBit Landing page
    Landing page //
    2022-06-01

CoinTracker videos

How to file your cryptocurrency & bitcoin taxes with CoinTracker and TurboTax

More videos:

  • Review - Cryptocurrency Taxes 2020 Made Easy? (CoinTracker.io Interview)

TaxBit videos

Crypto Tax Tips 2021 — Taxbit Crypto Tax Software Review

More videos:

  • Review - Crypto Taxes Made Simple | Taxbit Review & Interview w/ Austin Woodward

Category Popularity

0-100% (relative to CoinTracker and TaxBit)
Cryptocurrencies
82 82%
18% 18
Fintech
75 75%
25% 25
Crypto
85 85%
15% 15
Crypto Tax Reports
100 100%
0% 0

User comments

Share your experience with using CoinTracker and TaxBit. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare CoinTracker and TaxBit

CoinTracker Reviews

  1. Mixed emotions on this

    I have been using cointracker in 2021. Suddenly, six days ago, the system stopped posting my transactions. I was on the "free" program, and I intended to buy a program for tax purposes. After this problem. I will go elsewhere. Stopped pisting transaction with no indicated reason


14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
Similar to CyrptoTrader, CoinTracker lets you share the report with tax professionals. Subscription plans are based on transactions, and higher-level plans come with DeFi support as well.
Source: geekflare.com

TaxBit Reviews

Best Cryptocurrency Tax Software: Complete Guide to the Top Options
TaxBit is a popular cryptocurrency tax platform that was designed by a series of tax attorneys and certified public accountants. Over its years of service, the platform has served thousands of users, thanks to its array of features that include a full audit trail, optimized taxes, the ability to claim capital losses, and more.
Source: blockonomi.com
14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
TaxBit is integrated with 500+ crypto exchanges, wallets, and DeFi platforms. This crypto has native support only for taxpayers of the United States. However, the platform states that anyone with similar tax regimes can use it.
Source: geekflare.com
15 Best Koinly Alternatives 2022
TaxBit is a complete tax and accounting solution for your digital assets. It is similar to Koinly, just that it helps you achieve compliance and accuracy while operating at a scale of a Big Four grade self-service solution.

Social recommendations and mentions

Based on our record, CoinTracker should be more popular than TaxBit. It has been mentiond 116 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

CoinTracker mentions (116)

  • Inter-wallet transfers showing up as Trades
    Thanks, but the AI is useless and when I get customer support they just ignore me or send a link to some page. This has been my experience with cointracker.io I already started to move everything to Koinly. Thanks though... Source: 12 months ago
  • never ever dealt with a company like gemini before . TAXES are a mess because of them
    Have you tried cointracker.io or koinly.io? I don't know if they support Gemini. Crypto exchanges are weird with tax forms, doesn't make sense to me either but I think most of them only provide 1099misc. I'm probably not going to file anything crypto related with the IRS until crypto is actually regulated and exchanges create proper documentation. Source: about 1 year ago
  • Website or user list was hacked.
    That email was only used for cointracker.io no where in the history of the internet has that email been used anywhere else. If they got that email, they got others. Source: about 1 year ago
  • Daily General Discussion - January 20, 2023
    Cointracker.io for one but this feature is part of their paid subscription. Source: over 1 year ago
  • What does Coinbase want from me?
    If everything was legit you can use cointracker.io or koinly to gather all your transactions and provide them. Source: over 1 year ago
View more

TaxBit mentions (15)

  • BlockFi 1099B for Tax Year 2022 has inflated value of Proceeds
    If I use the information generated by TaxBit.com, then will I be audited by the IRS, and if so, which side the IRS will side with? Source: about 1 year ago
  • Tax Forms
    Hi there, thank you for visiting our sub! We unfortunately don't have the option to mail the tax forms, but they can be downloaded and printed out directly from the app. In addition, we don't generate tax forms for your Crypto account, but we do provide the CSV file with all of your transactions for the calendar year. To help with reporting your Crypto gains and losses on your taxes, we've partnered with TAXbit.... Source: about 1 year ago
  • Is it legal for US persons to buy or own $IMX?
    Yes, you can own IMX in the US. Use cointracker.io or https://taxbit.com/ to track your transactions and taxes due for the US. Source: over 1 year ago
  • Monthly subscription Tax company failed to file my taxes on time and forces me to stay paying 6 more months
    That's ridiculous. You should have signed a contract before handing over your files. If you were going to end up filing your taxes by yourself even after hiring their services, don't you think you should have tried tax tools? That could have saved your time, money, and energy. There are a lot of tools out in the market like TaxBit and Cointelli and pretty much easy to use. I can't give any particular advice to you... Source: almost 2 years ago
  • Need Help regarding Crypto Tax
    Hey! This is a great article that breaks down the Crypto Tax as a whole and the current laws in the US. TaxBit makes crypto taxes super easy and they have a free plan option for you to try it out first before downloading your tax forms. I used it this year for my taxes and saved myself so much time! Source: almost 2 years ago
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What are some alternatives?

When comparing CoinTracker and TaxBit, you can also consider the following products

Koinly - Koinly is the easiest way to monitor your crypto activity & file your taxes.

CoinTracking - All Coins, all Analyzes, all Calculations, all Charts and all Prices for Bitcoin, Litecoin...

Coinpanda - Calculate & file tax reports for Bitcoin and cryptocurrencies. Made for traders and investors.

Accointing - A crypto tax tool with a portfolio tracking platform

ZenLedger - Automated IRS tax calculation & forms for crypto investors

TokenTax - Crypto taxes made easy. TurboTax for cryptocurrency.