Crypto tax reports and forms: Automated and in real time
TokenTax automatically generates the tax forms you need to file, as well as reports that can help you plan for tax season by tracking your gains, losses, and income.
Form 8949
Capital gains and losses are reported on IRS Form 8949. TokenTax uses your trade history to fill out the form for you, including producing versions compatible with TurboTax and TaxAct.
Audit Trail Report
The Audit Trail Report lists all taxable trades, as well as their relevant transaction data. Record your capital gains and losses as they happen and preview your end-of-year totals using different accounting methods.
Tax Loss Harvesting
Tax loss harvesting involves selling assets at a loss in order to offset your capital gains and lower your tax liability. TokenTax’s Tax Loss Harvesting Dashboard is a valuable tool for this strategy, as it identifies losses you can realize.
Mining and Staking Income Report
Watch your income from mining, staking, airdrops, and more accrue in real time, including its fiat value.
ETH Gas Fee Report
Ethereum gas fees can often be added to an asset’s cost basis, lowering your capital gains. Keep track of opportunities with this report.
International Gain / Loss Report
Wherever you’re located, TokenTax can generate a capital gains and losses report that meets your needs.
For UK & Canadian filers
For British and Canadian filers, we support the average cost basis accounting method.
FBAR Highest Yearly Balances
U.S. traders use the FBAR to report international financial accounts with over $10,000 to FinCEN. Our report is updated daily and shows the highest balance held in each international account over the last year.
