Why You Need Crypto Tax Software
The IRS treats cryptocurrency as property, which means every trade, sale, or exchange is a taxable event. Tracking these manually is nearly impossible, especially if you use multiple exchanges or DeFi protocols.
Top 3 Crypto Tax Software Options
1. CoinLedger
Best for: DeFi users and NFT traders
- 25% recurring commission
- Excellent DeFi support
- TurboTax integration
- Automated transaction import
2. Koinly
Best for: International users
- 20% recurring commission
- 800+ exchange integrations
- Multi-country tax support
- Portfolio tracking included
3. CoinTracker
Best for: Beginners
- Portfolio tracking + taxes
- Clean, simple interface
- Mobile app available
- Free tier available
Conclusion
Choose CoinLedger for complex DeFi activity, Koinly for international needs, or CoinTracker for simplicity. All three offer free trials so you can test before committing.
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