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

348 approved reviews, newest moderated first

Terry M.
Jun 16, 2021
So Far So Good
I like TaxBit so far, but it's too early to pass judgement because I haven't seen what happens at the end of the tax year when I'll get my summarization of the year's transactions. But so far it's very good, and I like TaxBit's chat function. The people are professional and always make sure my questions are answered.
Response from TaxBitJun 22, 2021
Terry, Thank you for taking the time to share your review! Happy you've chosen us to take care of your crypto taxes, and look forward to continuing to work with you! -Alysha
John
Jun 15, 2021
I was in a Crypto Tax bind with the…
I was in a Crypto Tax bind with the Calender ticking away and Taxbit came through and saved the day ... Thank You Much !
Response from TaxBitJun 22, 2021
John, 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! -Alysha
Greg
Jun 14, 2021
Every thing needs to updated
Every thing needs to updated. your UI needs some ease of use. loading a wallet that your company does not have is brutal, like painful, and it takes forever.
Response from TaxBitJun 15, 2021
Hi Greg, Thank you so much for taking the time to leave your review (even if it's not a 5 star rating). I'm sorry to hear that your experience has been sub-par, this is not what we want for our customers. We are absolutely working on improvements with our UI to support a more self-serve process, and making it easier for our users to link their exchanges and wallets. Again, we greatly appreciate the feedback and will be passing along the improvements you've mentioned. -Alysha
Linda F.
Jun 14, 2021
I got the form needed for income tax…
I got the form needed for income tax purposes but I don't know how to check the balance in my wallet.
Response from TaxBitJun 22, 2021
Linda, Thank you for taking the time to share your review! Happy we were able to help you through tax season and provide the forms you needed! I would be glad to connect and help you with finding the balances in your wallets. If you can send an email to [email protected], our team will be happy to help! -Alysha
Alex
Jun 13, 2021
DEX Integration Needs Improvement
My concern is that when I make smart contract transactions on the Binance Smart Chain on PancakeSwap and some of the other DAPPs, they do not register on TaxBit. TaxBit should be able to follow a BNB that I buy through a CEX (crypto.com for me) as I transfer it to my BSC wallet and swap it for different coins using a DEX. To me, this is the complicated portion of taxes. Using a CEX is easy to track taxes and many of these programs provide the appropriate 1099. I need TaxBit to actually follow my coins through different CEX and DEX across transfers and actually give me an accurate P/L for tax purposes and aggregate my transactions in a chronological order. My fear is that the IRS is the best at tracking all of this and I've made so many transactions, that I need a program to pull it all together otherwise I'm going to have a bad time next summer when I get a letter from my favorite three-letter agency.
Response from TaxBitJun 22, 2021
Hi Alex, Thank you so much for taking the time to leave your review (even if it's not a 5 star rating). I'm sorry to hear that your expectations of TaxBit tracking your smart contract transactions has not been met. We are absolutely working on improvements with our support for DEX, and I will be passing along the concerns you've mentioned. Again, we greatly appreciate the feedback! -Alysha
Steven H.
Jun 13, 2021
Your online service made it very easy…
Your online service made it very easy for me to calculate my taxes. I highly recommend TaxBit. Thank you!
Response from TaxBitJun 14, 2021
Steven, Thanks for taking the time to share your review! Happy to hear our team was able to make crypto taxes easier for you, and look forward to helping you again next year! -Alysha
G P.
Jun 13, 2021
Great support team
Great support team, fair price.
Response from TaxBitJun 14, 2021
GP, Thank you for taking the time to share your review! -Alysha
Ken
Jun 13, 2021
Your support team rocks A++
Your support team rocks
Response from TaxBitJun 13, 2021
Ken, Thanks for taking the time to share your review! We look forward to helping you again next year! -Alysha

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