TokenTax Reviews and details

Social recommendations and mentions

• Anyone recommend decent transaction software for SmartBCH (US)?

  Have you checked out TokenTax? https://tokentax.co/. Source: about 2 years ago

• Kucoin API & CSV records are missing transactions, tax authority requires complete tx record

  I hear https://tokentax.co/ has one of the better software based reconciliation programs. There are others but would be a good place to start. Source: about 2 years ago

• Taxes

  I've heard good things about Token Tax but I haven't used them yet. You might want to check them out... https://tokentax.co/. Source: about 2 years ago

• Tax software for tracking Celsius loans and locked collateral?

  You could try Taxbit.com, or tokentax.co. Not sure if they do what you need but just pointing out other services. Source: about 2 years ago

• Online crypto tax tool compliant with NZ?

  I use https://zapper.fi alot and they are suggesting to use https://tokentax.co/ which I haven't tried yet. Source: about 2 years ago

• MobileCoin FAQ

  For the US, you need to fill out form 8949. There are several companies that make this easier -- take a look at tokentax.co. Source: over 2 years ago

• Pivoting to blockchain career

  How about working on on-chain and exchange-based tax accounting service such as https://tokentax.co/. Source: over 2 years ago

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

  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. Source: over 2 years ago

• Letter from HMRC

  And since the block-chain is public, it would be pretty easy for HMRC to estimate how much tax you'd owe. Automated software like https://tokentax.co/ can do it already for DEXes on Ethereum, so I wouldn't be surprised if HMRC gets similar software in the next few years, and comes after people for back-taxes. Source: over 2 years ago

• Crypto Tax for 2021

  I just did a quick google search and it looks like TokenTax might be a good option. That said, I have no experience with them and have no idea what their pricing is like. They did upload a Youtube video on how it works, and it looks like it can connect to every exchange, so maybe that's your best bet. Source: over 2 years ago

• Taxes?

  I used TokenTax then gave their report to my CPA. You could just used TokenTax though. Just try to keep all your defi stuff on one address. It will make things easier. Source: over 2 years ago

• Daily General Discussion - November 8, 2021

  If you are talking about $XX,XXX of potential tax liability, it's worth paying for https://tokentax.co/. Source: over 2 years ago

• Rewards as a taxable event

  Yeah, I've been going on the assumption that it's just income. My accountant agrees this is smart. I use TokenTax, they have capabilities to reporting staking as income. Been using them for 2 years now https://tokentax.co. Source: over 2 years ago

• Terra Station re-delegation and auto reward withdrawal

  Do you have a recommendation on tax software to use such as tokentax.co? Manually tracking this stuff in spreadsheets is for the birds. Some tax software doesn't appear to integrate rewards/earnings like Hotbit but only Orders which is also a pain. Source: over 2 years ago

• Taxes question

  CoinTaxList makes this crypto taxes by country, they have one about the US, (they're paid but relatively cheap) might be a place to start learning and understanding about it. You always use softwares like koinly.io or tokentax.co. Source: over 2 years ago

• Safe way to leave your crypto infomation for a loved one in case of the unexpected ?

  Oh, I hear ya. I use ApeBoard to try to keep track of my assets, and they've been pretty good overall. It's still going to be a nightmare next year when I have to file taxes on all this stuff and its so hard to keep track of all the purchases, sales, swaps, yields from DeFi etc. On all these various platforms. My tax guy is going to hate me when I ask him to help me untangle all this mess when it's time to do my... Source: over 2 years ago

• Launch HN: Coinrule (YC S21) – Automated Trading Made Easy

  Hah good point! I think something like https://tokentax.co/ can still help you do it quite easily because you can export all the transactions from the exchange. - Source: Hacker News / almost 3 years ago

• If you buy BTC and the price increases, you move your coin to a wallet, then send your coin to a friend or make a purchase with it, then bring it back to the exchange to sell the remaining coin for fiat... Where do the taxes apply?

  I was just reading on tokentax.co which I believe is a crypto tax software that gifts are not taxable but you should tell the other person how much you originally paid for the crypto. I am guessing that is so the person could figure out proper capital gains if they decide to sell it. Source: almost 3 years 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: about 3 years 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: about 3 years 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: about 3 years ago