Bitcoin.Tax calculates cryptocurrency capital gains, losses and income, then prepares data and tax forms for filing. Its reports include gains, income, donations, Kraken margin trading and closing balances showing net profit or loss and cost basis. Users can import exchange histories, spending, income, mining activity and Kraken margin trading, or use CSV files. Cost-basis choices include FIFO, LIFO, average costing, specific identification and optional like-kind treatment. The service lists tax-year support for the United States, Canada, Australia, Germany and the United Kingdom, as well as a year beginning January 1. Outputs include IRS Form 8949 PDF, Schedule D and formats for TurboTax, TaxACT, H&R Block, Drake and CCH. Accountants and tax firms can use packages with client management and calculations. The Free plan allows up to 20 trading transactions; Premium costs 59.95 USD per once, billed per tax year, for up to 1,000 transactions. The terms say the service does not verify whether data is accurate or suitable for filing, and margin trading is not completely supported and may result in incorrect values.
Who it is for
It suits individuals preparing cryptocurrency tax information and professionals handling client calculations and reports. Users should account for the stated data-accuracy limitation and incomplete margin-trading support.
What is good
- Imports exchange histories and CSV files
- Offers five cost-basis approaches
- Reports include gains, income and closing balances
- Tax outputs include IRS Form 8949 and Schedule D
- Professional packages include client management
What to know first
- Free plan is limited to 20 trading transactions
- Margin trading is not completely supported
- Service does not verify data accuracy or filing suitability
Verdict
Bitcoin.Tax brings cryptocurrency activity, cost-basis calculations and tax-form outputs into one service, with options for individuals and tax professionals. Its stated limits on data verification and margin trading make review of results important before filing.
Bitcoin.Tax plans and pricing
All plansCompared on crypto tax software
- Free plan
- Yes
- Transaction limit
- 1,000 transactions
- Supported jurisdictions
- United States, Canada, United Kingdom, Germany, Australia, Japan
- DeFi support
- Yes
- NFT support
- Yes
- Import connections
- 23 sources
- Tax form formats
- IRS Form 8949 PDF, Form 8949 attachable statement, Schedule D, TurboTax TXF, TaxACT, H&R Block, Drake, CCH, CSV
