TaxBit
Crypto tax software for freelancers paid in cryptocurrency.
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TaxBit is the leading crypto tax platform for individuals who receive cryptocurrency as payment or hold digital assets. For freelancers paid in Bitcoin, Ethereum, or other cryptocurrencies, TaxBit automatically imports transactions from 500+ exchanges and wallets, calculates capital gains and losses, and generates IRS-compliant tax reports including Form 8949.
Our Scores
4.2
Ease of Use
4.5
Features
4.0
Value
4.1
Support
Pros & Cons
Pros
- ✓500+ exchange and wallet integrations for automatic import
- ✓Handles complex DeFi, staking, and NFT transactions
- ✓IRS-compliant Form 8949 and Schedule D generation
- ✓Audit trail for all crypto transactions
- ✓Integrates with TurboTax and TaxAct for complete filing
Cons
- ✗Only addresses crypto taxes — not a full tax filing solution
- ✗Can be expensive for high-transaction-volume users
- ✗Complex DeFi situations still require manual review
- ✗Pricing varies based on transaction volume
Best For
- →Freelancers who accept crypto as payment for services
- →Those who invest in cryptocurrency alongside freelance income
- →DeFi participants needing complex transaction tracking
- →Web3 freelancers and NFT creators
Not Ideal For
- ✗Freelancers who do not hold or transact in cryptocurrency
- ✗Those needing a complete income tax filing solution
- ✗Budget-conscious crypto holders with very few transactions
Pricing
Basic
$50
year
- ✓250 transactions
- ✓Form 8949
- ✓Schedule D
- ✓Tax loss harvesting
- ✓TurboTax export
Plus
$175
year
- ✓2,500 transactions
- ✓All forms
- ✓DeFi support
- ✓Priority support
- ✓TaxAct export
Estimate Your Tax Bill First
Use our free quarterly tax calculator to estimate how much you owe before filing.
Free Quarterly Tax Calculator →Frequently Asked Questions
Do freelancers need to pay taxes on crypto they receive as payment?
Yes. Cryptocurrency received as payment for services is taxed as ordinary income at its fair market value on the date received. When you later sell, any gain or loss from that value is subject to capital gains tax. TaxBit handles both.
Does TaxBit integrate with TurboTax?
Yes. TaxBit can export tax-ready files directly into TurboTax, H&R Block, and TaxAct, so your crypto gains and losses are automatically included in your full tax return.
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Tax Information Notice
This content is for informational and educational purposes only. It does not constitute tax, legal, or financial advice. Tax laws change frequently. Always consult a qualified CPA or Enrolled Agent for your specific situation.