CoinTracker Cryptocurrency Portfolio Tracker for Taxes

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CoinTracker is a specialized software tool designed to help cryptocurrency investors manage two major challenges: portfolio tracking and tax compliance.

As of 2026, it is one of the most widely used platforms for consolidating data from hundreds of different exchanges and wallets into a single, unified dashboard.

Core Functions

• Portfolio Tracking: It provides a real-time view of your total net worth across all your digital assets, including coins, NFTs, and DeFi positions. It calculates your performance, return on investment (ROI), and current holdings automatically.

• Tax Calculation: The software identifies every taxable event—such as trades, sells, or earns—and calculates your capital gains and losses. This is critical because the IRS treats crypto as property, meaning every transaction has a potential tax impact.

Key Features for the 2026 Tax Season

• Automatic Syncing: You can connect your accounts via read-only API or CSV upload. It supports over 500+ exchanges (like Coinbase and Kraken) and 10,000+ assets.

• IRS-Ready Reports: It generates the specific forms you need for your tax return, including IRS Form 8949 and Schedule D.

• Software Integrations: Once your reports are ready, you can export them directly into filing software like TurboTax and H&R Block, or share them with your CPA.

• Tax-Loss Harvesting: For higher-tier users, the platform identifies "losing" positions that you can sell to offset your capital gains, potentially saving you thousands in taxes.

Is it free?

CoinTracker typically offers a free tier for basic portfolio tracking (viewing your balances and history). However, to download or export the tax reports required for filing, you generally need to purchase a one-time tax plan or an annual subscription, with prices scaling based on your total transaction volume.

Why Investors Use It

Without a tool like CoinTracker, investors who use multiple wallets or trade frequently would have to manually track the cost basis (original purchase price) for every single fraction of a coin they own—a task that is nearly impossible to do accurately by hand.

2026 is the first year U.S. brokers are required to send Form 1099-DA for crypto transactions. 

While the 1099-DA form reports sales and exchanges, it may not include everything needed to file accurately — especially if crypto was moved between wallets or platforms. CoinTracker helps users review their activity, reconcile missing details like cost basis, and prepare complete crypto tax reports.