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.
TaxBit (taxbit.com) has 348 customer reviews on Five Star Index, with an average rating of 4.2 out of 5.
Also known as
taxbit.com
Website
taxbit.com
Category
Accounting & Tax
Location
Draper, Utah
Listed on Five Star Index
2026
About these reviews
Replies
The company replied to 80% of reviews.
Latest
Most recent review: March 2024.
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Reviews are shown as their authors wrote them. The company can reply, but cannot edit them.
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Customer support is top of the line. Every time I've had a question, I get a quick and concise answer that addresses my concern or issue. Tax reporting for 2020 was hassle free.
Response from TaxBitJul 14, 2021
Hi Carroll,
Thanks for taking the time to share your review, we greatly appreciate the 5 stars! We're very happy to hear our team was there to address every concern, and take away the stress of tax season! Looking forward to working with you again in the future!
-Alysha
DO
Douglas
You product and customer service both…
Your product and customer service both are great!!
Response from TaxBitJul 14, 2021
Hey Douglas,
Thanks for taking the time to share your review! We greatly appreciate the 5 stars! Happy to hear you're pleased with our service, and we look forward to working with you again. :)
-Alysha
GE
George
I still felt like I had to do a lot of…
I still felt like I had to do a lot of work to get the information the way TaxBit works.
Response from TaxBitJul 14, 2021
Hi George,
Thank you for taking the time to share your review. I'm sorry your experience was sub-par. I would like to personally help you get this resolved, can you please update your review with your support ticket number or email [email protected]?
-Alysha
KR
Kryptor
Taxbit has potential, but falls short in major ways
Taxbit has potential, but it needs a lot of work.
For starters, at the very least, Taxbit needs to explain why it has a trial period and requires payment method and payment upfront when no one else in the tax industry does (crypto or traditional).
Next, the exchange integrations is pretty decent. Still missing Crypto.com, Nexo, and Exodus.
The wallet integration is miserable. Taxbit has completely neglected the vast majority of major chains.
The CSV import leaves a lot to be desired. It screws up a lot, such as reversing transactions, failing to import transactions, etc.
Besides the exchange integrations, the UI aesthetics are decent but the transaction presentation needs some serious work. Such as: when there is a transfer between wallets or exchange-to-wallet, it should show as a single transaction consistently and every time. As it sits, it does such only selectively and rather limitedly.
Taxbit gets 1 star for exchange integrations and 1 star (half star if it would let me) for aesthetics. Taxbit has some serious wallet integration and functionality work to do.
Response from TaxBitJul 14, 2021
Hi Kryptor,
Thank you for taking the time to share your review. I'm sorry your experience has been sub-par.
We are certainly taking this time to add improvements to make things easier for our users a create a more self- service platform. We are also working hard to add lots of integrations for exchanges and wallets!
I am happy to personally help you with this issue. If you can please send an email to [email protected].
-Alysha
RQ
Rich Q.
Good...... but,
Love the ease.
You need more wallet integration, as well as adding Celsius!
Response from TaxBitJul 14, 2021
Hey Rich,
Thanks for taking the time to share your review! Happy to hear our service was easy to use!
We are taking this time to make lots of improvements and add integrations wherever possible! Looking forward to helping you again. :)
-Alysha
SS
Scott S.
Timely response to my inquiries
Timely response to my inquiries. Very helpful.
Response from TaxBitJul 14, 2021
Scott,
Thanks for taking the time to share your review! Happy to hear our team was very helpful and we appreciate you!
-Alysha
LE
Lee
My tax professional loved the report…
My tax professional loved the report formats. I loved them because they were so easy to create.
Response from TaxBitJul 14, 2021
Hey Lee,
Thanks for taking the time to share your review! We sure appreciate the 5 stars, and we're so happy to hear we made tax season much easier for you!
-Alysha
TS
Todd S.
TaxBit is an excellent product!
TaxBit is an excellent product and is super easy to use. Also, when I had to reach out to support, they were prompt, courteous, and very helpful. I highly recommend this product.
Response from TaxBitJul 14, 2021
Hi Todd,
Thanks for taking the time to share your review! We are pleased to hear our team was there to help with anything you needed, and we were able to help make tax season easier for you! Looking forward to working with you again. :)
-Alysha
