Crypto tax · USACrypto tax software for the USA
The IRS taxes crypto as property, and 2025 brought new per-wallet cost basis rules plus Form 1099-DA broker reporting. Kryptos keeps your numbers straight.
No credit card required · Explore free plan
Trusted by leading investors and partners
INATBA
INATBAHow crypto is taxed
In the US, the IRS treats crypto as property, so you owe nothing for holding it but trigger a taxable event on every disposal: selling for dollars, swapping one token for another, or spending it. How much you owe depends on how long you held. One year or less is a short-term gain taxed at your ordinary income rate; longer than a year is long-term, taxed at 0%, 15% or 20%. Crypto you earn is different: staking, mining, airdrops, hard forks and crypto paid for work are ordinary income at fair market value on the day you receive them.
Reporting changed recently. Brokers report gross proceeds on the new Form 1099-DA for transactions from 2025, and Revenue Procedure 2024-28 ended universal pooled cost basis, so from 1 January 2025 you track basis per wallet and per account. FIFO is the default, with Specific Identification available if you designate lots at or before sale. Gains go on Form 8949 and Schedule D, income on Schedule 1 or C, and every Form 1040 opens with a digital asset question. Kryptos connects US exchanges and wallets, applies per-wallet basis, splits short-term from long-term, separates income from gains, and produces output ready for Form 8949 and Schedule D before the April 15 deadline.
File crypto tax in 3 simple steps
- 01
Sign in or sign up
Create your Kryptos account in under a minute. Sign in with email, Google, or your existing wallet. Skip the credit card; the first 100 transactions are free, no trial period to remember.
- 02
Connect your accounts
Bring every wallet, exchange, and chain into one place. Connect via OAuth for exchanges that support it, via API key for the long tail, or by wallet address for any chain we index. 5,500+ integrations out of the box; missing one is a 24-hour support ticket.
- 03
Generate reports in minutes
Download an audit-ready USA tax report. We generate 8949, scheduleD, 1099da, and 1040 and surface every taxable event IRS expects to see.
Built for everyone in USA
Whether you're filing your own return or running close for a fund, the same Kryptos data layer sits underneath.
For individuals
Track every wallet, exchange, and chain you've touched. Kryptos pulls your USA transactions automatically, flags taxable events, and generates 8949, scheduleD, 1099da, and 1040 ready for IRS. Free for the first 100 transactions.
For accountants
Manage every client's USA crypto activity from one workspace. Onboard in three minutes, white-label PDFs that reconcile to what IRS expects, free client licences when you bring them in.
For enterprises
Multi-entity USA treasury and accounting, IRS-ready every month. Map on-chain activity to your existing chart of accounts. SOC 2 Type II, role-based access, real support.
For developers
Ship crypto-financial features without rebuilding the data pipeline. Kryptos Connect: balances, cost basis, and clean transaction history across 5,500+ integrations behind one API.
Smart features to handle your crypto taxes
Automated gain & loss calculations
Track your entire portfolio, PnL and tax liability in one place.
Tax-loss harvesting
Turn losses into gains with real-time harvesting recommendations.
Bank-grade security
End-to-end encryption, multi-factor auth, and SOC 2 Type II compliance.
Flexible data import
API, CSV, and wallet-auth. Connect 5,500+ integrations the way that works for you.
Error reconciliation
Catch discrepancies in your crypto transactions before they reach the tax authority.
Trusted Partner for Crypto Tax Software USA
We've got you covered. Compare crypto tax software today.
| Feature | Kryptos | Koinly | CoinLedger | CryptoTaxCalculator | CoinTracker |
|---|---|---|---|---|---|
| Country-specific tax reports | 35+ | 20+ | 12+ | 20+ | 10+ |
| Supported integrations | 5,000+ | 1,200+ | 500+ | 3,500+ | 500+ |
| DeFi & NFT auto-classification | |||||
| Tax-loss harvesting recommendations | |||||
| Error reconciliation tooling | |||||
| Audit-ready reports | |||||
| API / CSV / wallet-auth import | |||||
| Free tax report preview | |||||
| SOC 2 Type II |
Enterprise-grade platform built to scale
- Advanced end-to-end encryption in place.
- Secure access with multi-factor authentication.
- Regular security audits for the highest level of data protection and privacy.
- Our application only requires read-only access to your data.
Crypto tax in the USA: common questions
- Do I have to pay tax on crypto in USA?
Yes. IRS treats most crypto disposals as taxable events: selling for fiat, swapping one coin for another, spending on goods, or earning yield. Capital-gains rules apply to trading; income rules apply to staking, mining, and airdrops. The exact rate depends on your holding period and bracket.
- Which crypto activities are taxable in USA?
IRS considers these taxable: disposing crypto for fiat or another crypto, spending crypto on goods or services, receiving staking or mining rewards, getting airdrops, and earning DeFi yield. Transfers between your own wallets aren't taxable. Kryptos auto-classifies each transaction and applies the right treatment.
- What tax forms do I need to file in USA?
For USA returns, Kryptos generates 8949, scheduleD, 1099da, and 1040. We export them as PDF for record-keeping, CSV for accountants, and tax-software-compatible files where supported. Every line traces back to the source transaction so IRS questions are answered by your audit trail.
- Does Kryptos support DeFi, NFTs, and staking?
Yes. We support 150+ blockchains and 5,500+ integrations (across DeFi, CEX, wallets, NFTs and on-chain like Uniswap, Aave, Lido, and Curve, plus the major NFT marketplaces). Each is mapped to the right IRS treatment: LP-token cost basis, NFT mint and sale events, staking-reward income, governance distributions, perpetual funding rates.
- What happens if IRS audits me?
Every transaction Kryptos classifies has an audit trail back to the source: the cost-basis method applied, the exact disposal sequence, and the on-chain or exchange reference for each line. SOC 2 Type II certified means our controls are independently verified. Most clarification requests resolve from the report itself.
- How much does Kryptos cost in USA?
Free for your first 100 transactions across every supported jurisdiction. Paid plans start when your activity exceeds that and unlock unlimited transactions, multi-year tax reports, and priority support. See pricing for the current breakdown.
Take Kryptos with you.
Track your portfolio, watch new transactions land, and check your tax position from your phone. Same account, same data, anywhere you are.
Building something on crypto data? Use the same engine.
Kryptos Connect is the API behind Kryptos itself. One call gets you reconciled balances, tax-aware cost basis, and clean transactions across 5,500+ integrations. Embed it in your fintech, accounting product, or wallet.
Start filing your USA crypto taxes in minutes.
No credit card required. Free reports, every supported jurisdiction.