Cryptocurrency tax calculators work by retrieving data from your exchanges, wallets, and other cryptocurrency platforms. They compute the profits, losses, and income from your investing activity based off this data.
Gains and losses are calculated in your home fiat currency (like the US Dollar) to help you file your taxes with ease. Crypto tax calculators are used by crypto enthusiasts all over the world to help automate their crypto and bitcoin tax reporting.
Start by importing your crypto trading history from all years and from all exchanges into the app.
CoinLedger will automatically establish cost basis and fair market value for these transactions using historical data.
Add any historical crypto income such as mining, gifts, or even exchange rewards like airdrops. If none of these apply to you, this step can be skipped.
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Once all of your transaction history has been imported, review your data and auto-generate your profits and losses from your crypto investing activity.
Get Started for FreeMost governments around the world, the IRS included, treat cryptocurrencies like bitcoin as an asset or an investment. This means that the income realized from trading or investing in crypto is subject to capital gains and losses rules similar to other assets like stocks, bonds, and real-estate. These gains and losses need to be reported on your tax return.
I went to CoinLedger this year because a friend of mine recommended them. I was connected with a human who walked me right through everything. It is so nice knowing I won’t have to dread crypto taxes!
The customer service is insanely good. E-mails are typically answered within hours (sometimes faster) by folks that clearly understand crypto taxes and really seem to care. If only the exchanges were so good! Worth the $$$.
Zero regret.
Easier than I thought it would be! Just knowing next year will be just as easy is comforting.
I dragged my feet for months in completing my taxes, but now it’s Sept and the dreaded tax deadline is looming. i found CoinLedger and in 15min i was done. Unreal! Thank You!
Excellent product, excellent customer service - Jon helped me out back and forth multiple times over several days to help me solve a problem and answer questions about crypto taxes in general.
I was apprehensive about trying to file taxes with my limited knowledge on the topic. I tried for several hours to do it myself. With CoinLedger, I was done with the filing process in 10 minutes.
