Cryptocurrency has rapidly transformed from a niche investment into a mainstream asset class. Millions of Americans now hold Bitcoin, Ethereum, NFTs, and other digital assets. While the profits can be exciting, filing crypto taxes with the IRS can feel overwhelming. From tracking trades across multiple exchanges to understanding capital gains, the process can be complex and time-consuming.
Thankfully, specialized crypto tax filing services have emerged to simplify this challenge. These tools automatically import your transactions, calculate gains or losses, and generate IRS-ready reports. In this guide, we’ll explore the best crypto tax filing services in the USA, their features, pricing, and how to choose the right one for your needs.
Why You Need a Crypto Tax Filing Service in the USA
Before diving into the best platforms, let’s understand why using a crypto tax tool is so important:
- IRS Compliance: The IRS treats crypto as property, meaning every trade, swap, or sale is taxable. Filing incorrectly can result in penalties.
- Multiple Exchanges: Most investors use several wallets and exchanges, making manual tracking nearly impossible.
- NFTs & DeFi: With the rise of decentralized finance (DeFi) and NFTs, tax reporting has become even more complex.
- Time-Saving: Automated tools handle thousands of transactions in minutes.
- Audit-Ready Reports: Many services provide detailed documentation in case the IRS requests clarification.
Key Features to Look for in Crypto Tax Software
When choosing a crypto tax service in the USA, consider these essential features:
- Exchange & Wallet Integrations – Does it connect to your preferred platforms like Coinbase, Binance, MetaMask, or Kraken?
- DeFi & NFT Support – Can it handle staking, yield farming, and NFT transactions?
- Accuracy of Tax Reports – Does it generate IRS forms like 8949 and Schedule D?
- Pricing & Plans – Is it affordable for your number of transactions?
- Ease of Use – User-friendly dashboards and step-by-step guides are a must.
- CPA & Professional Support – Some tools let you work directly with crypto tax professionals.
Best Crypto Tax Filing Services in the USA (2025)
Here’s a breakdown of the top services available to U.S. crypto investors:
1. Koinly
Koinly is one of the most popular crypto tax software platforms worldwide. Known for its clean interface and wide integration, it supports over 700+ exchanges, wallets, and blockchains.
- Best For: Investors with multiple wallets and exchanges.
- Strengths: DeFi and NFT support, accurate capital gains reporting, free portfolio tracking.
- Pricing: Free plan (limited), paid plans start at $49/year.
2. CoinLedger (formerly CryptoTrader.Tax)
CoinLedger is a U.S.-focused tax filing service trusted by thousands of investors. It integrates directly with TurboTax and TaxAct, making filing seamless.
- Best For: Beginners and U.S. taxpayers using TurboTax.
- Strengths: Easy-to-use dashboard, strong U.S. tax compliance, affordable.
- Pricing: Free import, reports start at $49.
3. TokenTax
TokenTax is more than software – it’s a full crypto accounting solution. Along with automated calculations, it offers CPA support for those who need extra help.
- Best For: Active traders and high-net-worth individuals.
- Strengths: Full CPA support, advanced tax strategies, DeFi coverage.
- Pricing: Starts at $65/year, VIP packages available.
4. ZenLedger
ZenLedger is an IRS-partnered crypto tax platform, trusted for its reliability. It offers features for DeFi, NFTs, staking, and even DAO activity.
- Best For: Investors needing audit support.
- Strengths: IRS partnership, NFT/DeFi coverage, tax-loss harvesting tools.
- Pricing: Starts at $49/year, premium tiers available.
5. Accointing
Accointing combines portfolio tracking with tax reporting. Its mobile app makes it easy to track crypto on the go while preparing IRS-ready reports.
- Best For: Casual investors and mobile users.
- Strengths: Excellent portfolio tracker, simple reporting, community support.
- Pricing: Free for tracking, reports from $79.
6. TaxBit
Founded by CPAs and tax attorneys, TaxBit is backed by big names like Coinbase. It offers a free tax center for Coinbase, Gemini, and other partnered exchanges.
- Best For: Users of partnered exchanges.
- Strengths: Free reports for partnered exchange users, robust reporting.
- Pricing: Free for many users, Pro plans for complex needs.
Comparison Table: Best Crypto Tax Filing Services USA
Here’s a quick comparison of the top platforms:
| Service | Best For | Key Features | Starting Price |
|---|---|---|---|
| Koinly | Multi-exchange investors | 700+ integrations, DeFi & NFT support | $49/year |
| CoinLedger | Beginners & TurboTax users | Easy import, U.S.-centric compliance | $49/report |
| TokenTax | High-net-worth traders | CPA support, advanced tax planning | $65/year |
| ZenLedger | Audit-ready investors | IRS partner, tax-loss harvesting | $49/year |
| Accointing | Mobile-first investors | Portfolio + tax reporting | $79/report |
| TaxBit | Partnered exchange users | Free for Coinbase, Gemini, etc. | Free – Paid |
How to File Crypto Taxes with These Services
Filing with these platforms usually takes 4 simple steps:
- Import Transactions – Connect your exchanges, wallets, and DeFi protocols via API or CSV.
- Review Portfolio – The software organizes trades, swaps, and transfers.
- Generate Reports – Download IRS forms like 8949, Schedule D, or income reports.
- File Taxes – Export reports to TurboTax, TaxAct, or hand them to your CPA.
Common Crypto Tax Challenges in the USA
Even with great software, crypto taxes come with unique challenges:
- Tracking Transfers: Moving assets between wallets can create “phantom gains” if not reconciled correctly.
- Forks & Airdrops: These are taxed as income at fair market value.
- NFT Transactions: Each mint, sale, or royalty counts as a taxable event.
- DeFi Complexity: Staking, liquidity pools, and yield farming create taxable events that can confuse investors.
A reliable tax service helps address these issues with automation and accuracy.
Tax Forms You’ll Need for Crypto in the USA
When using these services, expect to receive the following IRS forms:
- Form 8949 – For reporting capital gains and losses.
- Schedule D – Summarizes total capital gains.
- Schedule 1 / Income Reports – For reporting mining, staking, or airdrop income.
Tips for Choosing the Right Crypto Tax Filing Service
Here are a few tips to ensure you pick the best platform:
- Check Your Transaction Volume: Some tools charge more for high-volume traders.
- Evaluate Exchange Support: Make sure your preferred exchanges are supported.
- Consider DeFi/NFT Needs: If you’re active in DeFi, pick a service like Koinly or ZenLedger.
- Look at CPA Support: High-net-worth investors may benefit from TokenTax’s CPA packages.
- Test Free Plans First: Most services allow free imports before requiring payment.
Future of Crypto Taxes in the USA
With crypto adoption growing, tax regulations will continue evolving. The IRS has increased enforcement, requiring crypto reporting on tax returns. In the near future, brokers and exchanges may be required to issue Form 1099-DA for crypto, making compliance easier but also increasing IRS oversight.
Using a reliable crypto tax filing service today ensures you stay compliant and avoid future headaches.
Conclusion
Filing crypto taxes doesn’t have to be overwhelming. With tools like Koinly, CoinLedger, TokenTax, ZenLedger, Accointing, and TaxBit, American investors can file accurately, save time, and avoid IRS penalties.
Whether you’re a casual investor, an NFT collector, or a professional trader, there’s a platform tailored to your needs. By choosing the right crypto tax filing service in the USA, you’ll not only stay compliant but also gain peace of mind in your crypto journey.