What Are the 5 Best Free Crypto Tax Softwares in 2025?

Managing crypto taxes is one of the hardest parts of investing in digital assets. Unlike stocks, crypto doesn’t always come with clean end-of-year tax documents from a broker. Instead, you’re often left with spreadsheets, wallet addresses, and hundreds of transactions that all need to be reported.

In 2025, the IRS made compliance even stricter. With Form 1099-DA rolling out, and with more exchanges sharing trading data directly with tax authorities, you can’t afford to “guess” your numbers. That’s why having the right crypto tax software is essential.

The good news is you don’t need to start with a paid plan. Many leading platforms offer free versions that let you:

• Import your transactions

• Track your gains and losses

• Preview your tax liability

But what's the catch? Most free plans are limited. They often cap the number of transactions you can import, or restrict access to detailed tax forms. Still, they’re a good place to start, especially if you’re testing out different tools before committing.

In this guide, we’ll review the 5 best free crypto tax softwares in 2025, their pricing tiers, and what makes them stand out. We’ll also cover key features to look for, so you can choose the right crypto tax software for your needs.

Key Takeaways

• Free crypto tax software is best for previews, not full compliance.

• Free tiers usually cap at 25–100 trades. Some go higher, but unlimited is almost always paid.

• The best tools integrate with exchanges, wallets, and DeFi platforms.

• If you trade NFTs, staking, or DeFi tokens, you’ll likely need a paid plan.

• Look for features like Form 8949, Schedule D, tax-loss harvesting, and portfolio tracking.

• For peace of mind, choose software that also offers audit support and CPA access.

Why Use Crypto Tax Software?

If you’ve ever tried tracking your trades on a spreadsheet, you already know how messy it gets. Here’s why using a crypto tax platform is better:

1. Simplifies compliance – The software tracks every buy, sell, or swap, then calculates capital gains or losses.

2. Saves time – Instead of manually entering hundreds of trades, you can automatically import transactions from multiple exchanges and wallets.

3. Improves accuracy – Software reduces mistakes when calculating cost basis or reconciling complex crypto activities.

4. Supports tax planning – Many apps offer real-time portfolio tracking and tax-loss harvesting strategies.

5. Integrates with tax filing tools – Most export reports into TurboTax or H&R Block for easier filing.

The right software can mean the difference between IRS penalties and accurate tax reporting.

What Makes Crypto Tax Software “Free”?

Most crypto tax platforms offer a free version or free plan. But these free tiers almost always come with limits. For example:

• Limited to 20–200 transactions per tax year.

• Previewing gains and losses is free, but downloading actual tax forms often requires a paid upgrade.

• Some allow only a single wallet or exchange connection on the free tier.

• Features like DeFi, NFT, or staking rewards reporting are usually locked behind paid plans.

So while “free” software can be a great starting point, active traders, DeFi users, and high-volume investors often end up needing at least a basic paid tier.

The 5 Best Free Crypto Tax Software 

1. Koinly

Koinly is one of the most popular crypto tax platforms on the market in 2025. It’s known for being user-friendly, flexible, and reliable for both beginners and advanced users.

What Makes Koinly Stand Out

Koinly works with over 750 exchanges, wallets, and blockchains, making it easy to import your trading history. Whether you’re using Coinbase, Binance, or something more niche like a DeFi DEX, chances are Koinly has an integration.

It doesn’t stop at simple trades. Koinly also handles:

• DeFi transactions (swaps, yield farming, liquidity pools)

• NFTs bought and sold on major marketplaces

• Staking rewards and airdrops

• Margin and futures trading

This makes it one of the most complete solutions for anyone with a complex crypto portfolio.

Cost Basis and Reporting

One of the hardest parts of crypto taxes is cost basis. Did you sell coins using FIFO, LIFO, or specific identification? Koinly lets you apply different methods and see how they impact your taxes.

Reports are clear and IRS-ready. You can generate:

• Form 8949

• Schedule D

• International equivalents for countries like Canada, UK, and Australia

Pricing Breakdown

• Free – $0

  • Up to 10,000 transactions

  • Portfolio tracking and unlimited wallets/exchanges

  • Preview gains, losses, and taxable events

  • Can’t download tax forms or official reports

• Newbie – $49 per tax year

  • Up to 100 transactions

  • Full tax report downloads (Form 8949, Schedule D, TurboTax export)

  • NFT and DeFi support

• Hodler – $99 per tax year

  • Up to 1,000 transactions

  • Adds more DeFi/NFT features

  • Access to tax optimizer tools

• Trader – $199 per tax year

  • Up to 3,000+ transactions

  • Advanced reporting, audit support, margin trades

  • International tax forms

• Custom / Enterprise

  • Tailored pricing for 10,000+ transactions

  • Dedicated support and expanded audit-ready features

What the Free Plan Really Means

The free version is useful if you just want to see your gains and losses or check if your wallet connections work. But if you actually need to file taxes, you’ll need at least the Newbie plan to download IRS-compliant forms.

Free is good for:

• Tracking a small portfolio

• Testing Koinly’s interface before paying

Free isn’t enough for:

• Generating Form 8949 or Schedule D

• Filing with tax software like TurboTax

• Handling NFT/DeFi tax events with official reports

Best For

Koinly is best for investors with multiple wallets and exchanges. If you’re in DeFi or NFTs, it’s one of the few free-tier platforms that still gives you a preview of how your transactions look, even if you’ll need to upgrade to actually file.

2. CoinLedger

CoinLedger (previously known as CryptoTrader.Tax) focuses on simplicity and automation. It’s built for people who don’t want to spend hours reconciling CSV files.

Why People Like CoinLedger

The onboarding is smooth. You log in, connect your exchange accounts, and CoinLedger does the rest. It’s especially good for people who trade on Coinbase, Binance, or Kraken, since it has native API connections.

CoinLedger isn’t just about tax forms. It also includes:

• Automatic transaction import

• Support for staking rewards, airdrops, and forks

• Tax-loss harvesting tools to reduce liability

• Direct filing with TurboTax and H&R Block

That last point is key. If you’re already filing your regular taxes through TurboTax or H&R Block, CoinLedger plugs right in.

Pricing Breakdown

• Free Plan

  • Connect all your exchanges and wallets.

  • Sync transaction history (wallets, exchanges, DeFi).

  • View capital gains/losses and portfolio analytics.

  • Does not include downloadable tax reports—budget-file tools if you need form exports.

  Paid Plans (2025 Pricing)

  • Hobbyist — $49/year: Up to 100 transactions. Includes tax report download.

  • Investor — $99/year: Up to 1,000 transactions. Good for mid-volume traders.

  • Pro — ~$199+/year: For those with ~3,000+ transactions. Includes advanced features.

Best For

• Crypto users who want to test software with free access first.

• People using multiple exchanges and needing portfolio tracking.

• Those who will need the downloadable tax report eventually.

3. Blockpit (formerly Accointing)

Blockpit has taken over Accointing, and all of Accointing’s features are now under the Blockpit brand. If you used Accointing, your data/integrations should carry over.

Key Features

• Automatically import transactions from major exchanges and wallets.

• Support DeFi, NFTs, and staking rewards.

• Real-time tracking of gains and losses.

• Generate ready-to-file tax forms for your region.

• Portfolio tracking + analytics to see how your asset mix is performing.

• Strong international support: Blockpit works in 100+ countries with tax frameworks for many local tax authorities. Blockpit

Pricing (2025)

Here are the relevant plans with Blockpit:

• Free Plan — €0/year. Portfolio tracking, connect exchanges & wallets, mobile app. No official tax report downloads.

• Lite Plan — €49/year. Up to 50 transactions per tax report. Includes basic tax report & ready-to-file forms.

• Basic Plan — €99/year. Up to 1,000 transactions per year. Better suited for moderate users.

• Pro Plan — €249/year. Up to 25,000+ transactions. For heavy traders or those with many wallets/DeFi interactions.

• Unlimited Plan — €599/year. Full features, up to 500,000 transactions, supports audit-ready reports, tax optimization, etc.

Best For

• Users who want more than just basic tracking. If you have many trades or DeFi/NFT activity, Lite may feel tight.

• Traders who need strong tax reports accepted by tax authorities.

• International users who want local tax form support.

4. ZenLedger

ZenLedger is a crypto tax platform built for both casual traders and high-volume traders. It offers tools for detailed tax reporting and IRS compliance while supporting advanced crypto activities.

Free Plan

• ZenLedger no longer offers a free plan for tax reporting.

• Users can preview features and explore the platform, but downloading tax forms requires a paid plan.

Paid Plans (2025 Pricing)

• Silver: $49/year – up to 100 transactions.

• Gold: $199/year – up to 5,000 transactions.

• Platinum: $399/year – up to 15,000 transactions.

• Unlimited: Custom pricing – more than 15,000 transactions.

Key Features

• Strong support for DeFi, NFTs, yield farming, staking rewards, and margin trading.

• Offers tax loss harvesting and audit-ready reports.

• Exports forms compatible with H&R Block, TurboTax, and other tax software.

• Handles both crypto and traditional assets.

• Designed for individuals and institutional investors with complex crypto activities.

• Connects unlimited exchanges and wallets via API or CSV.

ZenLedger is one of the most comprehensive crypto tax software platforms, ideal for users who need high-volume transaction tracking and advanced reporting features.

5. TokenTax

TokenTax is one of the most advanced crypto tax platforms in 2025. It covers everything from simple trades to complex activities like DeFi, NFTs, staking, and margin trading. Investors in both the U.S. and Canada rely on it because it integrates with nearly every exchange and wallet, while also generating IRS- and CRA-ready tax forms.

Key Features

• Exchange and wallet sync – Import data automatically via API or upload CSVs.

• Full transaction support – Handles DeFi, NFTs, staking, mining, and margin trading.

• Tax previews – Estimate your liability before filing.

• Audit-ready forms – Generate Form 8949, Schedule D, and income reports.

• Reconciliation tools – Fix gaps in cost basis or missing transaction history.

• Expert support – Higher plans include CPA help, audit defense, and white-glove service.

Pricing

TokenTax does not offer a free version. All plans are annual subscriptions, with extra transaction capacity available as an add-on.

Who Should Use TokenTax?

TokenTax is a strong choice if:

• You trade NFTs, DeFi, or use margin and options.

• You manage high-volume transactions across many wallets.

• You need CPA support or audit defense.

• You want reconciliation tools for incomplete data.

For small traders with simple buys and sells, the cost may not be worth it. In that case, a lower-cost platform may be better.

How to Choose the Right Crypto Tax Software

When choosing crypto tax software, it helps to focus on your specific needs and trading habits. Here’s what to consider:

1. How many transactions you have
   Free plans usually cover a limited number of transactions. If you’re a high-volume trader, you may need a paid plan to track all your trades. Using software that can handle all your transactions prevents mistakes and ensures accurate reporting.

2. Which exchanges and wallets you use
   Make sure the platform supports all the exchanges and wallets you use. Some tools integrate automatically with major platforms, while others require manual imports. This matters for accurate reporting and reducing your time spent reconciling transactions.

3. Types of transactions
   If you’re involved in DeFi, NFTs, staking, or yield farming, check that the software can handle these activities. Not all platforms support complex crypto activities, and missing these can lead to errors in your taxable income or capital gains calculations.

4. Your tax filing needs
   Look for automated tax form generation that meets the rules of your local tax authorities. Some software can create forms compatible with TurboTax, H&R Block, or other tax software, making tax filing smoother and less stressful.

5. Pricing tiers
   Compare features against cost. Sometimes paying for a higher plan provides better reporting, more integrations, or support for DeFi and NFTs, which can ultimately save you more on taxes than the plan costs.

6. Customer support
   Good software isn’t just about features—it’s about guidance. Access to a responsive customer support team or tax professionals is crucial if you face complex situations or need clarification on crypto tax rules.

7. Security and compliance
   Ensure the software protects your transaction data and maintains compliance with IRS regulations. Handling sensitive data securely is key to protecting yourself from errors or audit risks.

8. Portfolio tracking and reporting
   Some platforms include real-time portfolio tracking and detailed tax reports. These features help you monitor your crypto gains, losses, and taxable events throughout the year, making planning and filing easier.

By considering these factors, you can pick the right crypto tax software that fits your trading style, protects your data, and helps you stay compliant without stress.

Why Count On Sheep Should Be Your Crypto Tax Partner

Even with the best software, crypto taxes can feel overwhelming. The software tracks the numbers, but it doesn’t guide you through strategy. That’s where Count On Sheep comes in.

• We don’t just prepare forms. We help you stay compliant, save more, and sleep easy.

• Our team of crypto tax specialists ensures your tax obligations are met while finding legal strategies to reduce your liability.

• We support everything—DeFi, NFTs, staking rewards, margin trading, multiple cost basis methods, and more.

• Whether you’re filing a simple Schedule D or dealing with complex crypto activities, we’ve got you covered.

Don’t lose sleep over crypto taxes. Choose Count On Sheep to simplify the process and be ready for every form, from 1099-DA to Schedule D.

Work with Count On Sheep 

FAQs

1. Is free crypto tax software really free?

Yes, but free plans usually have transaction limits and limited reporting features. Paid plans are needed for larger portfolios or advanced reporting.

2. Can these tools integrate with TurboTax or H&R Block?

Yes. Most allow exporting tax data directly for easy filing and accurate tax compliance.

3. What if I use DeFi or NFTs?

Free plans rarely cover DeFi, staking, or NFT transactions. Paid plans handle these and calculate capital gains properly.

4. What about security?

Platforms use read-only API access and 2FA. Your funds stay safe while your tax data is collected.

5. Can I use these tools outside the U.S.?

Yes. Many support international tax reporting, but check local crypto tax rules for full compliance.

6. How do I know which plan is right for me?

Check your number of transactions and type of crypto activities. Free plans work for occasional traders; high-volume or complex portfolios need paid tiers.

7. Can these platforms help me reduce taxes?

Yes. Features like tax-loss harvesting and multiple cost basis methods help optimize tax liability.

8. Are customer support and guidance available?

Yes. Most offer email/chat support and access to tax professionals for complex questions.