CryptoTrader.tax makes it extremely easy for me to import all of my exchange and crypto trading platform data, including for DeFi, to give me my tax forms for the tax year. It is also great for finding my total capital gains both short term and long term, cost basis, and to generate all my corresponding tax forms pre filled to just attach to my tax return or integrate with my tax software ike Turbotax.
Nothing to dislike. Perfectly easy to use this software. Everything works properly and there is not much left to be desired in this product. Even reporting for DeFi is eas by just entering the MetaMask network address.
CryptoTrader Tax is helping me solve the cumbersome problem of crypto tax reporting that takes a lot of time to sort and review. It makes this very easy and efficient, and generates the forms for me upon tax reporting time.
Honestly this app completely saved me. I traded in and out of multiple different cryptocurrencies over the course of the past three years. Just recently, I found out that I needed to be filing taxes on these transactions. Like most people, I freaked out. I called many different "crypto accountants" who wanted THOUSANDS of dollars to help me file Form 8949 from my past few years. Enter CryptoTrader.Tax. The platform saved me. Entered my trade history and it immediately spit out my required tax forms for ALL years I needed them for a fraction of the price the accountants wanted. Awesome tech.
No downsides. This app saved me. No problems.
Saved me a ton of money and allowed me to automatically create my needed crypto tax reports. I created them for all years I needed them. Easy.