TaxBitReviews of taxbit.com

4.2348 reviews
Accounting & Tax
14203 S Minuteman Drive, Draper, Utah

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TaxBit

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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.

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.
Edits: Reviews are shown as their authors wrote them. The company can reply, but cannot edit them.
Score: This company cannot pay to remove reviews or change its score.

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TaxBit reviews

Showing 39 reviews with 4 stars · Clear filters

Gary
Sep 16, 2021
Taxbit handles my needs easily…
Taxbit handles my needs easily connecting via API to exchanges, Celsius, and wallets. Could be stronger with deep digging into second layer yield farming. Easily export into Turbotax too. I recommend often on social media.
Response from TaxBitSep 29, 2021
Hey Gary, Thanks for taking the time to share your review! We are so glad we've been able to help make filing your crypto taxes easier! I have also passed along your request, and we are working on improvements and expanding our support for yield farming! -Alysha
Harold C.
Jul 16, 2021
everything has been good but its not…
everything has been good but its not tax season yet.
Response from TaxBitJul 16, 2021
Hi Harold, Thanks for taking the time to share your review! Happy to hear everything is going well, and we look forward to helping you with your 2021 taxes! -Alysha
Greg E.
Jul 14, 2021
Everything works beautifully
Everything works beautifully! All of my transactions are always present and categorized correctly. I've tried 3 other competitors and NONE of them could seem to properly classify transactions, which then required tedious manual work to correct/fix everything. I would have given a 5-Star rating, except TAXbit does not support automated ingestion of Cardano wallet transactions. Hopefully they will add that soon considering the millions of ADA HODL'ers on planet Earth.
Response from TaxBitJul 16, 2021
Hey Greg, Thanks for taking the time to share your review! Happy to hear we were able to make filing your crypto taxes much easier! We are certainly taking this time to make improvements and add a lot of new integrations! -Alysha
Rich Q.
Jul 13, 2021
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
user
Jul 12, 2021
It was pretty easy getting the…
It was pretty easy getting the information from the exchanges I used. It was not so easy putting the information into TurboTax. I had to enter each item myself. I am not sure that was a TaxBit problem or a TurboTax problem or my problem, but it was more time consuming than I expected.
Response from TaxBitJul 14, 2021
Hey there, Thanks for taking the time to share your review! Happy to hear our service was easy to use to generate your tax forms! I do apologize for the trouble you had getting your tax form into TurboTax, and I'd be happy to address this for you. If you'd like to send an email to [email protected]. -Alysha
Henry
Jul 7, 2021
Liked the service
Your service is great, but, it took quite a bit to mesh together all my wallets/exchanges. But I felt very comfortable with your results and summations. thanks.
Response from TaxBitJul 9, 2021
Hey Henry, Thanks for taking the time to share your review even if it's not 5 stars! Happy to hear we were able to work with you through this and take care of your crypto taxes! I will pass this along, and just know we are working to make improvements with our integrations! -Alysha
Dennis G.
Jun 22, 2021
More API exchanges
Need to be able to API offshore exchanges.
Response from TaxBitJun 23, 2021
Dennis, Thanks for the feedback! We are taking this time to make so many improvements and adding integrations wherever possible! We will share this with our team. :) - Alysha
Karlski
Jun 22, 2021
TaxBit saved me a vast amount of time…
TaxBit saved me a vast amount of time in assessing all my crypto transactions and producing the form that is now required by the IRS at tax filing time. I plan to use it again next year. However, it required a good degree of trust in the app that confidentiality of the gathered data was assured and that it was securely stored by TaxBit.
Response from TaxBitJun 22, 2021
Karlski, Thank you for taking the time to share your review! We are so glad we were able to take the stress away during tax season and get this done for you! We do absolutely take security measures to ensure your data is kept confidential and safe! If you ever have any concerns, please reach out to [email protected]. -Alysha

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