Tax.Crypto VS TaxBit

Tax.Crypto Reviews

TaxBit Reviews

Tax.Crypto mentions (15)

• Are you guys taking the cash or crypto?

  You can use https://tax.crypto.com/. Source: 12 months ago

• Sent ethereum from my crypto.com account to my metamask wallet. How do I categorize this transaction?

  I'm actually using turbotax as well. The way I've been trying to do it is by going to tax.crypto.com, creating the csv by selecting turbotax as the platform, and then on turbotax, I search for the financial institution, and drag over the csv file. But it always fails for me? It cannot load the csv because it doesn't have the same headers. Source: about 1 year ago

• How are reflections reported?

  I bought some Safemoon awhile back and have nearly 5 million coins in reflections. The tax.crypto.com tax sheet is complaining about the exact number of coins I have in reflections, saying it doesn't know where it came from. Source: about 1 year ago

• Filing taxes for some BNB I bought from moonpay in 2022. I converted this to safemoon (regretfully). Moonpay has no tax documents, just transaction history. How do I file with on this information?

  Currently working with tax.crypto.com. Source: about 1 year ago

• BlockFi 1099B for Tax Year 2022 has inflated value of Proceeds

  Please note that if I input the same information in other tax software such as TaxBit or tax.crypto.com, the above example will result in zero gain. Source: about 1 year ago

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