The top answers on r/CryptoTax, r/CryptoCurrency, and r/BitcoinTaxes keep landing on the same tool. Read the threads below, then try Summ free.
r/CryptoTax
I tried a few and settled on Summ. Here's why...
I found Summ the quickest and easiest way to import transactions, review/categorize, and export accurate tax reports. The UI is simple which makes it easier to read transactions, and the more you use it, the smarter it gets.
u/bumbaklutz
3mo ago
r/CryptoTax
I just finished my taxes. I used Summ and Turbo Tax. Just glad it's over with. 🥳
u/Smart_Bluebird_7829
15d ago
r/CryptoTax
Summ is fantastic. They answer you and walk you through everything.
u/Smart_Bluebird_7829 OP
14d ago
r/CryptoTax
Congrats I guess. =) And yeah, Summ is excellent.
u/Darien_Advisors
22d ago
r/CryptoTax
Congrats! Summ is also my first choice. It will be way easier next tax season.
u/bumbaklutz
25d ago
r/CryptoTax
Also recommend Summ. I've been using for over a year now and it's been great. Let me know if you have any questions about the software/import process.
u/bumbaklutz
18d ago
r/CryptoTax
Recently used Summ with the help of u/JustinCPA. Highly recommend Summ.
u/ReserveCritical7668
5mo ago
Summ is not affiliated with, endorsed by, or sponsored by Reddit. Comments shown are public posts from r/CryptoTax. Summ provides tracking and reporting tools. We do not provide financial, investment, or tax advice.
Confidently compliant
Summ adapts to the rapidly changing regulatory landscape, and generates highly compliant reports. Rest easy knowing your business is protected, even in the event of an audit.
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Summ adheres to world-class security protocols. Our platform is SOC 2 Type 2 certified and features single sign on to keep your confidential data protected.
Official partner of CoinBase & MetaMask
As an official partner of Coinbase and MetaMask, we’re proud to offer best-in-class support for the leading ecosystems our customers love.
01
Link your wallets and exchanges instantly.
02
Import your transactions with a single click.
03
Generate a compliant report in minutes.
All your transactions clearly grouped with your potential savings highlighted.
Track your entire portfolio, PnL and tax liability all in the same place.
Optimised interface for bulk operations with keyboard shortcuts.
See the exact breakdown of how each transaction is calculated.
Tracking and tax reporting for all your crypto assets across all exchanges and wallets.
300k+ currencies priced accurately on import, with prices for all micro-cap coins.
Quick answers to some of your most common questions.
You can be liable for both capital gains and income tax depending on the type of cryptocurrency transaction, and your individual circumstances. For example, you might need to pay capital gains on profits from buying and selling cryptocurrency, or pay income tax on interest earned when holding crypto.
We have an annual subscription which covers all previous tax years. If you need to amend your tax return for previous years you will be covered under the one payment.
Yes, Summ (formerly Crypto Tax Calculator) is designed to generate accountant friendly tax reports. You simply import all your transaction history and export your report. This means you can get your books up to date yourself, allowing you to save significant time, and reduce the bill charged by your accountant. You can discuss tax scenarios with your accountant, and have them review the report.
We do! We have integrations with many NFT marketplaces, as well as categorisation options for any NFT related activity (minting, buying, selling, trading).
The platform is free to use immediately upon signup, allowing you to import your transactions and take advantage of our smart suggestion and auto-categorisation engine, portfolio tracking, DeFi and NFT support. For access to reports, the tax loss harvest tool or chat and priority support, you will need to upgrade to the appropriate paid plan.
We partner with leaders in the accounting industry to help demystify crypto compliance.
Don't waste hours combing block explorers and drowning in spreadsheets - import transactions automatically from over 3500 sources.
