Best Crypto Tax Software 2024

I tested the most popular crypto tax software solutions to try to find the best one. After hours of testing and over $1000 spent, I shared my favorite crypto tax software and the one I personally ended up using.

This video isn't sponsored, and my favorite crypto tax software at the time of writing I don't even have an affiliate link for, lol. This is just my unbiased review because I was super annoyed trying to do crypto taxes and figured this would be extremely helpful.

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*IMPORTANT PLEASE READ: None of this is meant to be taken as any form of investment advice, it's just me sharing my journey to a million and taking about what I'm up to and the strategies and tactics I'm using to try to get there. I am almost always talking about tokens that I myself own and obviously have a bias toward seeing them appricate in value.

Do your own research always! I'm a normal guy who makes mistakes and has made plenty so far during this journey. So choosing to blindly copy what I'm doing isn't going to lead you to just making a ton of money. I've had investments where I've lost EVERYTHING. I don't just say do your own research as a legal covering but because you really need to do your own research and make your own call. If you don't understand what you're investing in you can lose A LOT of money! Especially in crypto which is super super risky. A lot of the projects I like to jump in are really small crypto projects which make them even more insane risky. Past performance doesn't mean the project will do the same thing in the future, no one can predict the future and what will happen next. I'm pretty passionate about this, I am by no means a professional investor. I'm on my journey to a million dollars, I don't even have the experience to have made a million dollars. All this is to share my journey because I believe there is value in watching me both succeed and fail. It's my story I'm sharing with all of you, DO YOUR OWN RESEARCH and don't just blindly copy me😄

Also all of this info might be accurate at the time of me recording and posting but in the future things could change. Especially in crypto things change fast, so just be aware of that. Thanks!

I hold investments in the tokens I'm talking about unless I otherwise state I don't. Best just to assume that if I'm talking about it, I own it.

#Crypto #taxes

[NWforager]

this is the best breakdown man . thanks Eckel fam . Much needed .

[chipsanity]

Finally! I can't say enough about this. No one wants to talk about this subject. I ate this up. Software is an absolute must with bot trading due to the shear numbers. I actually pass on non main stream opportunities because I think how am I ever going to report taxes on this and how many hours will I spend gathering that info thinking that juice is not worth the squeeze. This was invaluable. All my taxes are done except crypto lol... I have used Koinly in the past, now...

[oak]

Awaken was a massive pain. Could not figure out how to add my personal wallet such metamask or trust wallet

[felixkazteyanoz]

The problem with awaken is that it does not support APIS, you have to upload cvs files, I do really like the interface tho.

[thinkingclearly]

Do these programs you mentioned allow you to import all the data from a previous crypto software program you’ve been using for a few years?

[NJBeachbum]

Great video! One tiny hang up is your use of the word “softwares”. When you’re talking about multiple programs it’s just “software”. Sorry for the grammar correction. Just trying to make your videos better. Thanks for the effort!

[erzengel]

you are a genius! thank you for this awsome help! just tedted awaken and this makes my live soooo much easier!

[MinerHO]

Thanks. Very informative. Im assuming these are for prople that buy and sell crypto vs. mining crypto? If so do you have any videos for mining crypto....IE daily record keeping.

[zatiger]

Would like a review of coinledger software.

[SnowyMango]

It’s free because you are the product. They are training on your data. 🙂

[justinbechtold]

How much does Awaken cost now (after March 1st)?

[nadinejordan]

Do you have any crypto tax preparer / CPA referrals that can help me with 2023 crypto tax filing?

[chadgarber]

Hey man. Any word from these guys on your coinbase and kraken import problems? I have a number of my exchanges working but it won't seem to take anything else. I can't get a hold of anyone?

[felixkazteyanoz]

You save my life bro, you are the best.

[chadgarber]

This free one is cool but failing to import my staked eth over and can't connect to Binance us with the api and other strange things. Hope they fix these things?

[ashton]

Thank you, I needed this, working on this today!

[chadgarber]

For some reason it doesn't import cbeth?

[bobthebuilder]

brother can you lembed time stamps into video thanks you're making me manually going thru every nightwork like coinley lol

[BiswaRSingh]

You did not talk about security and support where many sucks

[janmares]

What about Blockpit which was accointing previously.