TokenTax review

TokenTax is crypto tax software for importing transaction data, calculating gains and income, and preparing tax reports. It connects to exchanges, wallets, and blockchains through read-only connections. The product description says it deduplicates and normalizes activity, with AI-assisted transaction classification, then shows capital gains, income, and short- versus long-term results.

You can use it to review tax-loss harvesting opportunities and export forms to TurboTax, H&R Block, or TaxAct, as well as CPA-ready reports. TokenTax also sells professional help: reconciliation, tax-minimization reviews, and filing. Those services make it more than a self-serve calculator, but they are not necessarily included in the software plan price. The pricing material says full filing requires a crypto tax plan, and does not publish the filing price. So the main buying question is whether you need software alone or want to pay for expert help too.

TokenTax covers more of the crypto tax workflow than a basic gains calculator: it brings in transaction data, cleans it up, previews tax results, and exports filing reports. The product description also lists tax-loss harvesting, AI-assisted classification, and reports for TurboTax, H&R Block, and TaxAct. For investors with activity across platforms, those pieces can reduce the need to assemble separate tools—though imported data still needs checking.

The listed plan caps give buyers a rough way to match price to activity. According to the pricing material, Basic is about $4.08 per month equivalent for up to 100 transactions, with centralized exchange support and TurboTax integration. Premium is about $16.58 per month equivalent for up to 5,000 transactions and adds a tax-loss harvesting dashboard. Pro is about $166.58 per month equivalent for up to 20,000 transactions, margin and options PnL calculations, and automatic CSV imports for all exchanges. VIP is about $291.58 per month equivalent and includes two 30-minute tax expert consultations, review of IRS inquiries, and support for every DeFi and NFT platform. Those are tax-year prices expressed as monthly equivalents; monthly billing is not listed.

The transaction caps can make the low entry price misleading for active traders. Basic stops at 100 transactions, Premium at 5,000, Pro at 20,000, and VIP at 30,000 CEX transactions. The pricing material lists an optional 20,000 extra transactions for Premium and Pro, but does not publish the price. It also does not publish prices for filing, expert consultations, or optional FBAR on Basic and Premium. Enterprise pricing is custom. Check the cap and total service cost before choosing a plan; the monthly billing price is not listed either.

Reddit reports also point to issues worth checking rather than treating as settled facts. One user said they could not find an audit trail for gains and cost basis, while another reported trouble importing Coinbase activity. A separate user described being unable to manually override cost basis or link some wallet activity. In that thread, a commenter said support helped resolve the setup, so experiences vary. One filing customer also reported long waits for replies. If your records need manual corrections or you are buying filing help, ask how exceptions and response times are handled before paying.

The listed prices, checked November 7, 2026, run from $4.08 to $291.58 per month equivalent, billed by tax year. Monthly billing is not listed. Basic is $4.08 per month equivalent for up to 100 transactions; Premium is $16.58 for up to 5,000; Pro is $166.58 for up to 20,000; and VIP is $291.58 for up to 30,000 CEX transactions. The jump from Premium to Pro is steep, so check your transaction count before choosing a plan.

Basic and Premium can add FBAR, but its price is not listed. Premium and Pro can add 20,000 transactions for an unpublished price. Full-service filing requires a crypto tax plan, and the filing price is not published. Expert consultations also have an unpublished price; VIP includes two 30-minute consultations. VIP custom transaction counts may cost extra. Enterprise pricing is custom. TokenTax lists a 10% discount on multi-year purchases, but does not list monthly billing.

Moving activity into TokenTax means connecting exchanges, wallets, or blockchains through read-only connections, then reviewing imported activity and its automated deduplication, normalization, and AI-assisted classifications. If you have more transactions than your plan allows, check the cap and add-on pricing first; the prices for extra transactions are not published.

For moving out, TokenTax lists exports to TurboTax, H&R Block, and TaxAct, plus CPA-ready reports. The published product information does not specify a complete raw-data export or explain how to transfer classifications and reconciliation work to another service. Keep access to your source accounts and records until you confirm what you need is available elsewhere.

We weren’t given Reddit posts or comments for this review, so we can’t responsibly say what Reddit users report as reasons for leaving. Before switching, verify your transaction coverage, export needs, and any filing fees directly with TokenTax.