TaxBit

14203 S Minuteman Drive, 84020, Draper, United States
image
3.45
Based on 20 Reviews

5

45.00%

4

15.00%

3

5.00%

2

10.00%

1

25.00%
About TaxBit

TaxBit’s cryptocurrency tax software was developed by industry leading blockchain CPA’s and cryptocurrency tax attorneys. TaxBit allows you to easily connect over one hundred cryptocurrency exchanges to your TaxBit account, run your transactions through the U.S. tax code, manage your portfolio with the most advanced crypto portfolio tracking analytics, produce a full audit trail showing exactly how gains/losses are calculated, claim the capital loss deduction, and produce your IRS 8949 cryptocurrency tax forms.

Tags
Contact Info

You need to Login first to submit your review.

image
Scott T
GB

Horrible Customer Service I paid my $180 subscription and linked my exchanges. TaxBit identified my crypto transactions -- at first. When I sold some crypto TaxBit didn't get the transactions correct. It still showed I owned part of them. Customer service responded quickly but the problems were never resolved. I waited 8 months. NOTHING. Terrible company. Did they refund my money? Nope. Did they perform as advertised? Nope. Also, last year when I downloaded form 8949 for the IRS the report was generic. They don't even put their name on the report so I can show the IRS who compiled the data. They don't even stand behind their work. Totally disappointed!!!!

image
Tristan
GB

Slick but Not a Home Run PROS: Easy integration for most exchanges and wallets. Interface is very nice, easy to navigate, definitely user friendly. Chat Support is responsive and Friendly. 14 Day Software Trial Option CONS:: No Hardware wallets, like Ledger imports available. Accurate coin totals don't show. No option to show stolen or lost transactions. Tier 2 support not available via chat. Summary: Many things to like but the software should be more mature for it's age. Hardware wallet integration is a must for a easy user experience and more customizable options/filters. Support is quick and responsive. Almost great, so close! That said, I will try it for a year and see what Taxbit does to make it better.

image
Rachel Zemser
GB

transactions not pulled in I noticed that important transactions were not being pulled in with the API synch-- I contacted customer service, they said I really had to cross check everything to make sure it worked. I asked what was the point then of paying them? I told them I didn't like that process, they didn't apologize or offer assistance. Michael, the person I spoke with disconnected. What is the point of using a service if you can't trust them to bring in major transactions that affect your tax total? What a waste. I may as well do this all myself.

image
Ofear Haiby
GB

*** WARNING *** *** WARNING *** Horrible technical support. They only let you email. I had XRP sold off in 2020 due to the SEC Lawsuit and Coinbase delisting. All my Losses were not calculated. I followed their instructions how to manuall import those transactions and my 2020 Form 8949 was showing gains instead of losses. No Way to reach out to a live person.

image
Hal C.
GB

Awesome help with my taxes Gathering everything together for taxes is always a chore but the thought of gathering every last crypto transaction had me quite anxious. However, once I discovered TaxBit, my worries were over. The only difficulty was when I transferred Bitcoin to my node. The node crashed and fortunately I was able to recover most of it through a third party app and TaxBit, understandably couldn’t decipher this. I was, however able to modify the file to accommodate for the difference. All in all, TaxBit was a great help.

We may use cookies or any other tracking technologies when you visit our website, including any other media form, mobile website, or mobile application related or connected to help customize the Site and improve your experience. learn more

Allow