TaxBit

14203 S Minuteman Drive, 84020, Draper, United States
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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.

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Jon
GB

Working really well for me to this… Working really well for me to this point. Integration with the exchanges I use has gone very smoothly so far, aided by their VERY specific/detailed API help screens. Started out with a "basic" subscription, but will likely upgrade, now that I am seeing how well the app works.

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JyG
GB

TaxBit/2022 Review TaxBit, this tax season, 2022, compared to last year's 2021 tax season was "A breeze"! Last year, I could barely breathe or sleep with any Of the SAAS programs... My TaxBit rep Vanessa, conducted herself professionally and patiently as she represented TaxBit & MYSELF, in the most effective & efficient manner possible. A 'Gem' of an employee TaxBit has. Kudos! Well done! Keep improving! We need companies like TaxBit! However, I think it's the exchanges fault...losing cost basis addresses! About 10 of my trades were not properly recorded; nor recorded in any of my exchanges, nor was the exchange aware of these 'missing, important' cost transactions... Closer attention is required to report details all year long is best. I'm trying "CoinLedger" this year!

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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.

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Emmanuel Galineau
GB

Absolute horrendous experience I used their service for 3 years in a row, with no problem whatsoever. They were the most expensive but service was great... then. One day I clicked the refresh button and everything turned to shaite. I suddenly had hundreds of Missing cost basis, but if you read the transactions list, all the info was there. Then started a several months battle. They have NO customers service - I am not kidding. No phone number to reach them! Only a chatbot redirecting you towards bs articles. I finally get in touch by email with "someone in the Development Team", assuring me it is a bug that only affected me, and now everything works. Big lies (lots of people I know had the same problems, my issues were NEVER fixed)... I finally had enough after months of headaches and went to CoinLedger, it is absolutely amazing there is no comparaison.

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Rory
GB

I thought I would never get my taxes straightend out I thought I would never get my taxes straightened out because i couldn't find some information and the first tax program I tried just confused the situation further. Thanks to the wonderful CS people at TAXbit I was able to get information I needed and then put the purchase history together. I had overpaid my taxes for three years and will now get a well deserved refund. ( It took over five months to get it right)

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