Digitax was created by a CPA to save CPA fees. Cryptocurrency taxes can get complicated quickly, so we are here to protect your pocketbook and to prevent headaches.
CPA Created Solution
Our software was written by a CPA, enabling our product to being fully compliant with US tax laws.
All Tax Years and Forms
We're set up to calculate taxes for previous years, so we can create all of the forms if an ammendment is necessary.
We have a dedicated support team that is ready to assist you with issues you may encounter.
How it works
Upload
Upload your transaction data with your exchange's API, CSVs, or manually. This is the essential buy, sell, deposit, withdrawal, mining, and interest income that is used in your taxes.
Calculate
Digitax will then attempt to calculate your gains and losses from your transactions. Our algorithm is designed for investors of all kinds, and is frequently updated as the applicable tax code grows alongside the cryptocurrency space.
Reconcile
Though most users will be able to skip this step, we may need to you to help us reconcile some of your transactions. If necessary, this will help us get the clearest picture into your cryptocurrency income. This is largely because exchanges are inconsistent in the way they report transactions.
Download
Once reconciled, we'll calculate your taxes again and create your tax forms. The most common form is the 8949 which is attached as an addendum to your return. We also support TurboTax and FBARs.
How it works
Upload
Upload your transaction data with your exchange's API, CSVs, or manually. This is the essential buy, sell, deposit, withdrawal, mining, and interest income that is used in your taxes.
Calculate
Digitax will then attempt to calculate your gains and losses from your transactions. Our algorithm is designed for investors of all kinds, and is frequently updated as the applicable tax code grows alongside the cryptocurrency space.
Reconcile
Though most users will be able to skip this step, we may need to you to help us reconcile some of your transactions. If necessary, this will help us get the clearest picture into your cryptocurrency income. This is largely because exchanges are inconsistent in the way they report transactions.
Download
Once reconciled, we'll calculate your taxes again and create your tax forms. The most common form is the 8949 which is attached as an addendum to your return. We also support TurboTax and FBARs.