TaxBitReviews of taxbit.com

TaxBit has room for development regarding the wallets and exchanges it can access at the moment. While I am well aware of the amazing speed of development in the cryptosphere, I was surprised at how long it took me to actually get my tax reports done perfectly. However, your support service was always at hand and worked hard about all this. We have now solved the problems for the present. Thank you TaxBit!

TAXbit meets an important need with it's tax prep and consolidated portfolio data reconciliation. There are some improvements and continuing development projects that need to be addressed. First, they need to add a more user friendly data import feature similar to the Stock Assistant tool in TaxAct. Second, the Tax Optimizer could take some lessons from CoinStat. The Blockfi integration needs to be cleaned up. Pricing is attractive. No phone support but chat service is best I have seen.

The customer service was great although slightly lagging with massive influx but that’s being addressed. Some of the trades especially futures contracts still do not lid properly but bc it didn’t affect my taxable basis wasn’t as concerned as I will be for this years taxes. Overall, easy to use and I’d say I’m 90% satisfied. Good value for the cost IMO. Other programs have poor GUIs and I like all the API integration. Need more support for cold wallets so I can view portfolio performance and make tax advantageous trades more consistently.

Good help. Some of the guidance was off on the xrp wallet. Also the csv expected queue time of 6 days was sorta long (that's half the trial time roughly).

I really like the program overall. The interface is friendly and the functioning is smooth. The reason I only gave it 4 stars is simply because it is not presently compatible with two of my exchanges and one of my wallets. I expect that the compatibility will continue to increase, and I do intend to use the program again next year.

I wanted to sync Gemini and BlockFi transactions to Taxbit; however, the link to BlockFi was not available and there was no definite time that it would be added. This was incredibly frustrating. The chat was able to get me to manually link it and it was not too difficult. I have terminal experience so it was familiar; however, I could see it being scary for a complete noob. Anyway, the transactions were added and it was fine. I am happy with the support given by Taxbit despite the lack of functionality on the website.

All excellent except defi rollout which I am still waiting for. Customer reps are responsive, knowledgeable and courteous as well good in follow up.

I was fine with the service except I was disappointed with not being able to link all of my platforms.