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TokenTax VS Drake Tax

Compare TokenTax VS Drake Tax and see what are their differences


Crypto taxes made easy. TurboTax for cryptocurrency.

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

TokenTax details

Categories
Fintech Crypto Cryptocurrencies
Website tokentax.co  

Drake Tax details

Categories
Accounting Project Management Fintech
Website drakesoftware.com  

TokenTax videos

Automating Crypto Taxes And Harvesting Losses With Zac McClure TokenTax

More videos:

  • - TokenTax: Cryptocurrency Taxes Made Easy
  • - How TokenTax works! Crypto Taxes in 2020

Drake Tax videos

Overview of a tax return done inside Drake tax software

Category Popularity

0-100% (relative to TokenTax and Drake Tax)
80
80%
20%
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0%
100%
100
100
100%
0%
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100

Social recommendations and mentions

We have tracked the following product recommendations or mentions on Reddit and HackerNews. They can help you identify which product is more popular and what people think of it.

TokenTax mentions

  • I’m just going to the gym everyday and watching my Theta grow, wanna be in great shape when I’m a millionaire. Holding for the long term πŸ’ͺ🏼😎 boats and hoes
    But if you want to be legit Https://tokentax.co/ (DON'T CLICK LINKS GOOGLE THEM) Don't TRUST ANYONE. - Source: Reddit / about 2 months ago
  • If you gain a free algorand a day from rewards, are you averaging down daily agains a $0 cost purchase?
    I just paid taxes on it and havent sold anything. Maybe talk to your accountant. As it stakes its seen as income. check out tokentax.co they make it really easy. - Source: Reddit / about 1 month ago
  • Yet another tax question (2020: unemployed, CERB, Defi degen, spent lots on eth gas, etc)
    In 2020 I made over 2000 defi transactions with my metamask wallet alone (this includes staking, borrowing, farming, approving tokens, buying, selling, claiming airdrops, providing liquidity, etc etc). There is obviously no way I want anyone to sort through all of these one by one. However, I can fairly easily export a spreadsheet of every transaction from within the zerion.io interface - and they have a... - Source: Reddit / about 1 month ago
  • Is there a website that gathers all kind of crypto metrics ?
    Finally, I'm using tokentax.co to calculate the taxes on my investments. - Source: Reddit / about 1 month ago
  • Crypto tax query
    Have had good luck with https://tokentax.co/ - Just give them API access to your accounts and eth addresses, etc and they figure it out for you. - Source: Reddit / 25 days ago

Drake Tax mentions

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

What are some alternatives?

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

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

TaxDome - Tax Practice Management

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

Taxaroo - Taxaroo enables you to automate your tax workflow. Includes automated organizers, document storage, payments, e-signatures, analytics and more.

BearTax - Calculate and file crypto taxes in simple and easy steps πŸ’Έ

Taxfiler - Income Tax Filing Service at lowest fee. File Income Tax TDS Return online with the fastest, safest and easiest portal in India.Contact now!

User reviews

Share your experience with using TokenTax and Drake Tax. For example, how are they different and which one is better?

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