Software Alternatives & Reviews

Drake Tax VS CoinTracker

Compare Drake Tax VS CoinTracker and see what are their differences

Drake Tax logo Drake Tax

Look here first for tools and resources to get the most out of starting with Drake.

CoinTracker logo CoinTracker

The most trusted cryptocurrency tax and portfolio manager
  • Drake Tax Landing page
    Landing page //
    2023-08-06
  • CoinTracker Landing page
    Landing page //
    2021-09-12

Drake Tax videos

Overview of a tax return done inside Drake tax software

CoinTracker videos

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

More videos:

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

Category Popularity

0-100% (relative to Drake Tax and CoinTracker)
Finance
100 100%
0% 0
Crypto
0 0%
100% 100
Business & Commerce
100 100%
0% 0
Cryptocurrencies
0 0%
100% 100

User comments

Share your experience with using Drake Tax and CoinTracker. 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 Drake Tax and CoinTracker

Drake Tax Reviews

We have no reviews of Drake Tax yet.
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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

Social recommendations and mentions

Based on our record, CoinTracker seems to be more popular. 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.

Drake Tax mentions (0)

We have not tracked any mentions of Drake Tax yet. Tracking of Drake Tax recommendations started around Mar 2021.

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: about 1 year 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
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What are some alternatives?

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

GoSystem Tax RS - GoSystem Tax RS has unmatched web-based tax processing power, is scalable to needs, and is available in a secure online environment.

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

CCH - CCH is an all-in-one cloud tax preparing software CCH, providing support for tax filing, tax planning, and tax saving services.

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

UltraTax CS - UltraTax CS is an all-in-one professional tax preparation software that works in a streamlined fashion with work papers and provides seamless document management.

Accointing - A crypto tax tool with a portfolio tracking platform