Best Crypto Tax Software for Robinhood Users | 2026 Guide


Key Takeaways
- CoinLedger is the best choice for Robinhood users looking for affordable crypto tax reports (ranging from $49-199).
- Starting in 2026, Robinhood reports crypto transactions to the IRS via Form 1099-DA, but the form can be inaccurate if you transferred crypto in/out. In cases like these, you should use crypto tax software to accurately report gains and losses.
Summary: What's the best tax software for Robinhood users?
Here's why CoinLedger is the best choice for Robinhood users.
Easy-to-use interface: CoinLedger's user interface is designed to be beginner-friendly. CoinLedger is highly praised on third-party review sites like Trustpilot for being easy to use, even for investors who've never filed their crypto taxes before.
Error reconciliation tools: CoinLedger has world-class error reconciliation tools, alerting you to missing data in your tax report before you file with the IRS and preventing you from overpaying on taxes.
DeFi coverage: CoinLedger allows you to automatically import transactions from hundreds of DeFi protocols, allowing you to calculate your gains and losses in minutes.
Want to see if CoinLedger is right for you? Get started with the platform for free and get started importing 600+ wallets and exchanges. There's no need to pay until you want to download your tax report.
Get started with a free account today.
Top 5 crypto tax platforms for Robinhood
1. CoinLedger: Best Overall
CoinLedger is the most comprehensive crypto tax software and portfolio tracker on the market, designed specifically for investors who want accurate reporting without the hassle. It automatically imports transactions from Robinhood and over 600 other wallets and exchanges, calculates your gains, losses, and income and generates complete tax forms in minutes.
Prices: Free to start, $49-$199 for tax reports
Pros:
- Seamless Robinhood integration with automatic transaction importing
- Clean, intuitive interface (great for beginners)
- Cheap prices (cheapest tax report at $49)
- Supports complex scenarios like DeFi, NFTs, staking, and margin trading
- Generates forms you can import to platforms like TurboTax (Form 8949, Schedule D, and more)
- Excellent customer support
- Pay extra to get your taxes Done For You by a CoinLedger expert
Cons:
- Does not accept crypto for payment
2. Koinly
Koinly is a popular choice for crypto investors based outside of the United States. The platform supports over 20 countries, but has been criticized for weak error reconciliation tools.
Prices: $49-$199
Pros:
- Strong international tax support for 20+ countries
- Accepts cryptocurrency as payment (BTC, ETH, DAI, USDC)
- Supports 800+ wallets and exchanges
- Clean portfolio tracking dashboard
Cons:
- Weak error reconciliation tools
- Issues with classifying certain types of transactions
3. ZenLedger
ZenLedger is a crypto tax software used by more than 100,000 investors. While it's a popular choice due to its integrations, it has faced criticism due to its difficult-to-use user interface.
Prices: $49-$399
Pros:
- 24/7 customer support even on the free plan
- Strong DeFi and NFT support
- Integrates directly with TurboTax
- Tax-loss harvesting tools included
Cons:
- More expensive than competitors for high-volume traders
- User interface can be confusing for beginners
- Does not accept cryptocurrency as payment
- Premium features locked behind expensive tiers
4. CoinTracker
CoinTracker supports over 10,000 cryptocurrencies and is one of the most popular crypto tax platforms in the world. However, many of its best features like tax-loss harvesting and priority support are only available on higher-tier plans.
Prices: $59-$599
Pros:
- Excellent portfolio tracking features
- Strong integration with TurboTax and H&R Block
- Supports 10,000+ cryptocurrencies
- Real-time portfolio monitoring
Cons:
- Expensive advanced plans ($599 for Ultra plan)
- Best features locked behind high-tier pricing
- Limited customer support on cheaper plans
5. CoinTracking.info
CoinTracking.info is one of the oldest platforms in the crypto tax space, offering detailed analytics. However, it has also faced criticism for its difficult-to-use user interface.
Prices: Free plan for 200 transactions, $49-239 for paid plans
Pros:
- Highly customizable for accountants
- Supports 120+ countries
- Detailed transaction analytics
Cons:
- Outdated user interface
- Steep learning curve for beginners
Why do I need crypto tax software for Robinhood?
Starting in 2026, Robinhood will issue Form 1099-DA for your capital gains and losses from cryptocurrency. This form reports your gross proceeds (price of your crypto at thetime of disposal) to the IRS.
If you earned $600 or more in crypto rewards through programs like Robinhood's staking or promotional offers, you'll also receive a Form 1099-MISC.
Form 1099-DA doesn't include cost basis for crypto you transferred into Robinhood from another wallet or exchange. If you moved Bitcoin from one exchange to Robinhood, Robinhood has no record of what you originally paid for it. This means the form might show blank cost basis, potentially overstating your capital gains.
Crypto tax software fixes this by tracking all your transactions across every platform you use. This can help you submit an accurate tax report and avoid overpaying on taxes.
What should I look for in crypto tax software?
Exchange integration and accuracy
Your tax software needs to connect directly to Robinhood and any other platforms you use. Look for software that offers both API integration (automatic syncing) and CSV file uploads (manual import).
Remember, accuracy matters. Some platforms mislabel transactions or fail to match transfers between your own wallets correctly. This can create phantom gains that inflate your tax bill.
Transaction volume support
Check how many transactions each pricing tier supports. If you're an active trader with thousands of transactions, you don't want to pay excessive prices. CoinLedger offers up to 10,000 transactions for $199, while some competitors charge $500+ for the same volume.
Support for complex scenarios
Do you use DeFi and/or NFT marketplaces? Make sure your software handles these activities. Basic crypto tax platforms might struggle with complex transactions.
Form generation and filing options
Your software should generate all necessary IRS forms: Form 8949, Schedule D, and comprehensive income reports. In addition, it should integrate with TurboTax, H&R Block, or other tax filing software.
Customer support
Look for platforms with responsive support, ideally live chat or email with quick turnaround times. Some software offers 24/7 support for all customers, while others require you to pay extra to get priority support.
Get started with CoinLedger today
Filing crypto taxes doesn't have to be complicated. With a platform like CoinLedger, you can import your Robinhood transactions, calculate your gains and losses, and generate IRS-ready forms in minutes instead of hours.
CoinLedger is trusted by 700,000 investors around the globe.
Frequently asked questions
- Is crypto tax software safe to use with my Robinhood account?
Yes, crypto tax software is safe when you use read-only API keys. CoinLedger and other platforms only request read access to your transaction history. They can't withdraw funds, execute trades, or access your private keys.
- What happens if I don't report my Robinhood crypto taxes?
The IRS treats crypto as property, which means failing to report your trades is tax evasion. Robinhood reports customer data to the IRS via Form 1099-DA, so the IRS has information about your transaction history.
- Do I need to report crypto if I only bought and held on Robinhood?
No, simply buying and holding crypto isn't a taxable event. You only owe taxes when you sell, trade, spend, or earn crypto. However, if you earned staking rewards or received any other crypto income, you must report that as ordinary income.
- Can crypto tax software help me reduce my Robinhood taxes?
Crypto tax software can help you reduce your taxes by identifying opportunities for tax-loss harvesting and helping you find your optimal cost basis method.














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