TaxBit Review (2026)

What is TaxBit?

TaxBit is the crypto tax platform built for the enterprise end of the market — exchanges, custodians, DeFi protocols, and corporate treasury teams — while also serving individual high-volume traders who need IRS-defensible reporting at scale. It powers the tax center for exchanges like Gemini, BlockFi, FTX (before its collapse), and several major custodians, which means its transaction import accuracy for those platforms is exceptionally reliable. For individual users, TaxBit's standout feature is its network: if you've traded on any of TaxBit's partner exchanges, your data is automatically shared between platforms in the network, eliminating the most tedious part of crypto tax prep — gathering transaction CSVs from a dozen exchanges. TaxBit processes FIFO, LIFO, HIFO, specific identification, and average cost basis methods across all supported exchanges and on-chain transactions. The enterprise platform (TaxBit Enterprise) handles 1099-B, 1099-DA, 1042-S, and W-9 generation for exchanges that need to report to the IRS on behalf of their users — a highly specialized product with no real consumer-grade equivalent. TaxBit's individual plans moved to a usage-based pricing model in 2024, making it more accessible than its previously high flat rates.

TaxBit Pros & Cons

TaxBit Pricing (2026)

TaxBit offers a free plan.

TaxBit Features

Frequently Asked Questions