The Best Software to Handle Your Crypto Taxes

Check Out These Great Tips to Handle Your Crypto Taxes

American investors with cryptocurrency assets must report to the Internal Revenue Service (IRS).

Transactions involving Bitcoin, Ethereum, NFTs, DeFi tokens, staking, or yield farming must be properly reported—even small ones.

To do this, there are specialized software tools that automate the calculation of taxes on crypto assets.
Here are some suggestions to help you!

1. CoinLedger

CoinLedger (formerly CryptoTrader) is one of the most popular software options among American investors.

Its main focus is to simplify the completion of forms such as Form 8949, which is required to declare capital gains on crypto.

Key features the software offers:

• Integration with popular exchanges (Coinbase, Binance.US, Kraken, etc.);
• Support for NFTs, staking, airdrops, lending, and DeFi;
• Automatic generation of Form 8949, Schedule D, and compatibility with TurboTax and H&R Block;
• Tax-loss harvesting (selling assets at a loss to offset gains).

CoinLedger offers plans starting at $49 for up to 100 transactions, going up to $199 for higher-tier plans.

The service works well for investors with regular activity who require accurate tax documentation to avoid issues.

2. Koinly

Koinly is one of the most comprehensive software tools, with a global focus, but it’s highly effective in the U.S. context.

It supports over 750 exchanges, 170 blockchains, and wallets like MetaMask, Trust Wallet, and Ledger.

Highlights:

• Detailed dashboard with profits, losses, and current portfolio value;
• Tax report generation compliant with the IRS (Form 8949, Schedule D);
• Automatic detection of duplicate transactions;
• Full support for NFTs, DeFi, and CeFi.

The service includes free plans that track up to 10,000 transactions—a high volume. However, these free plans do not generate tax reports. Paid plans start at $49.

This software is better suited for those who operate across multiple platforms and need more detailed tracking.

3. ZenLedger

ZenLedger focuses on simplicity when dealing with the IRS. It also offers full integration with exchanges, wallets, and DeFi platforms.

Features:

• Automatic transaction import via API or CSV files;
• Broad support for DeFi and NFTs;
• Built-in tax-loss harvesting calculator;
• Export of tax reports to platforms like TurboTax.

Plans start at $69, and prices vary depending on the number of transactions and operation complexity.

It’s best suited for those involved with DeFi and NFTs who want a reliable solution with good technical support—but cost can be a downside.

4. TokenTax

TokenTax goes beyond automation by offering human tax support. It’s ideal for investors who want a more hands-on solution with the help of tax professionals.

Key features:

• Integration with all exchanges, even those without direct APIs;
• Support for DeFi, staking, NFTs, and mining;
• Consultations with tax professionals (in higher-tier plans);
• Gain/loss calculations and generation of all IRS-required forms.

Plans start at $65 and can go beyond $3,000 for clients with thousands of transactions and full accounting support.

It’s a more advanced solution, best suited for high-volume or complex crypto investors who need professional consulting.

5. CoinTracker

CoinTracker is the official partner of Coinbase and integrates with over 500 exchanges and wallets.
It stands out for its clean interface, automated integration, and real-time profit reporting.

Features:

• Automatic sync with Coinbase, Gemini, Kraken, Ledger, MetaMask, and more;
• Support for DeFi, NFTs, and staking;
• IRS-compliant tax reports;
• Real-time updates on asset market values.

Plans include free options as well as paid plans starting at $59 annually.
Ideal for Coinbase users or anyone looking for an intuitive and practical interface.

Comparison Table: Best Crypto Tax Software in the U.S. (2025)

Software	IRS Forms	Exchanges/Wallets	DeFi/NFT Support	Tax-Loss Harvesting	Starting Price
CoinLedger	Yes	300+	Yes	Yes	$49 (up to 100 transactions)
Koinly	Yes	750+	Yes	Yes	$49 (free plan available)
ZenLedger	Yes	400+	Yes	Yes	$69+ (based on usage)
TokenTax	Yes	All	Yes	Yes	$65 (can exceed $3,000)
CoinTracker	Yes	500+	Yes	Yes (premium only)	$59 (limited free plan)

Why Using Software Is Essential in 2025

Starting in 2025, the U.S. Internal Revenue Service (IRS) will begin receiving more detailed reports directly from exchanges with the introduction of Form 1099‑DA.

In other words, the IRS will know about your transactions even if you don’t report them yourself.
Mistakes or omissions can result in penalties.

Written by

Gabriel Gonçalves