Summ

What Summ is

Summ is a web app for organizing crypto activity, monitoring portfolio performance and tax liability, and preparing tax reports. It lists more than 3,500 integrations covering exchanges, DeFi, protocols, and wallets; if a service is missing, users can import a custom CSV. Reports include summaries, capital gains, income, expenses, audits, and nine additional detailed types. Custom tax settings can be adapted to local rules. Summ also describes a Least Tax First Out method that uses the asset lot with the highest cost basis when a disposal occurs. At signup, users can import transactions and access smart suggestions, automatic categorization, portfolio tracking, and DeFi and NFT support at no cost; reports and some tools and support require a paid plan. The free plan is available, with paid annual plans from $49 a year. Summ supports up to one million transactions and offers custom solutions for high-volume traders. It lists tax forms including IRS Form 8949, Schedule D, SA100, SA108, and TurboTax export, and supports jurisdictions in several regions. The company was co-founded in 2018 and is headquartered in Sydney, Australia.

Who it suits

Summ may suit people who want crypto portfolio tracking and tax reporting in one web app, including users with DeFi or NFT activity. Its listed jurisdictions, integrations, and transaction capacity are relevant to users checking whether their activity and reporting needs are covered.

Limits

The free signup includes transaction imports, smart suggestions, auto-categorization, portfolio tracking, and DeFi and NFT support, but reports and some tools and support require a paid plan. The Rookie plan costs $49 a year and includes 100 transactions.

Getting started

1. Open the Summ website in a web browser.
2. Sign up to import transactions and use the free features.
3. Connect an available exchange, DeFi, protocol, or wallet integration.
4. Upload a custom CSV if an integration is unavailable.
5. Choose a paid plan for reports and other paid tools.

Verdict

Summ combines crypto activity tracking with a range of tax reports and integrations. Check that your jurisdiction, required forms, transaction volume, and chosen plan fit your needs.