CryptoTrack
Tax Deadline: April 15, 2026

Crypto taxes
done in one click.

Stop dreading April. CryptoTrack calculates your capital gains using FIFO, LIFO, or HIFO (Specific Identification per IRC §1012), generates an IRS-compliant Form 8949, and exports it in 4 formats — in seconds, not days.

✓ FIFO, LIFO & HIFO✓ TurboTax compatible✓ 4 export formatsJust $14.99/mo
IRS Form 8949 — Capital Gains
Tax Year 2025 · HIFO Method
IRS Compliant
Short-term Gains
+$3,110
Long-term Gains
+$9,240
Net Taxable
$12,350
Asset
Cost Basis
Gain/Loss
B
BTC
$62,000
+$33,000
E
ETH
$4,200
+$1,980
S
SOL
$890
-$120
B
BTC
$48,000
+$4,380
Export Format
IRS PDF
Universal CSV
TurboTax
CPA Ledger
IRS Form 8949 Compliant
FIFO, LIFO & HIFO
AES-256 Encrypted
TurboTax Compatible
Accurate Cost Basis
4 Export Formats
The Problem

Crypto taxes are brutally complex.

The IRS treats every trade as a taxable event. Every buy, sell, and swap needs a precise cost basis. Get it wrong, and you're looking at penalties.

Hours of manual work

Manually calculating cost basis across hundreds of transactions? That's a full weekend of spreadsheets — every single year.

One wrong number = IRS notice

Under-report your gains and face penalties. Over-report and pay more than you owe. Either way, the cost of a mistake is high.

FIFO, LIFO, or HIFO — which saves most?

The wrong cost basis method can cost you thousands. HIFO (Specific Identification) alone can slash your tax bill by 30–40% — but only if you know how to use it.

How It Works

From chaos to Form 8949
in three steps.

01
Step 01

Add your transactions

Enter your crypto buys and sells manually — no exchange API required. Each transaction takes seconds to log. Include exchange, wallet address, and transaction hash for a complete audit trail.

02
Step 02

Choose your accounting method

Pick FIFO (IRS default), LIFO, or HIFO — Specific Identification per IRC §1012. We calculate your cost basis, short vs. long-term split, and taxable gains for all three so you can compare.

03
Step 03

Export in any format

Download as IRS PDF, Universal CSV, TurboTax-ready CSV, or CPA Extended Ledger. One click — done. Your accountant will thank you.

Pro · $14.99/mo · Cancel anytime

Method Comparison

FIFO, LIFO, or HIFO?
We calculate all three.

The cost basis method you choose can make a five-figure difference in your tax bill. CryptoTrack shows you all three side by side — then lets you pick the one that minimizes what you owe.

FIFOIRS Default
First In, First Out

The IRS default. Uses your oldest purchases first when determining cost basis. Best for long-term holders who have accumulated lots over years.

LIFOTactical
Last In, First Out

Sells your newest purchases first. Can reduce taxable gains when recent purchases have a higher cost basis — useful in volatile, fast-moving markets.

HIFO★ Lowest Tax Bill
Highest-In, First-Out

Specific Identification per IRC §1012. Picks the lots with the highest cost basis regardless of purchase date — the most powerful tax-minimization strategy.

Live Method Comparison — BTC Holdings
2 BTC sold at $95,000 each · Jan 2025 · 4 lots held
FIFO
1 BTC @ $20,000 (Jan 2021)
Long-term+$75,000
1 BTC @ $35,000 (Mar 2023)
Long-term+$60,000
Total gains:$135,000
Est. tax (15%):~$20,250
LIFO
1 BTC @ $48,000 (Sep 2024)
Short-term+$47,000
1 BTC @ $35,000 (Mar 2023)
Long-term+$60,000
Total gains:$107,000
Est. tax:~$14,850
BEST
HIFO
1 BTC @ $62,000 (Apr 2021)
Long-term+$33,000
1 BTC @ $48,000 (Sep 2024)
Short-term+$47,000
Total gains:$80,000
Est. tax:~$10,800
Potential savings using HIFO vs. FIFO
CryptoTrack calculates all three automatically — pick the best for your situation.
Save ~$9,450

* Illustrative example. Actual savings depend on your holdings, purchase dates, and market prices.

5,000+
Cryptocurrencies tracked
$2B+
In capital gains calculated
3
Accounting methods (FIFO/LIFO/HIFO)
4
Export formats supported
Export Formats

One report.
Four formats.

Whether you use TurboTax, file yourself, or work with a CPA, CryptoTrack has the exact format you need — all generated from the same data, in one click.

IRS PDF Report

PRO

Print-ready HTML with Part I, Part II, and Schedule D summary. Open in browser → Print → Save as PDF. IRS column labels (a)–(h) included.

Part I (short-term) & Part II (long-term)
Schedule D totals summary
Method + year clearly labeled
Print or email to your CPA
Best for
Filing yourselfCPA reviewIRS audit backup

Universal CSV

PRO

10-column minimalist format designed for maximum compatibility with any tax software platform. Clean, no comments, ready to import.

Asset, quantity, dates, proceeds, cost basis
Gain/Loss + short/long-term flag
Accounting method in header
No formatting — pure data
Best for
FreeTaxUSATaxActH&R BlockKoinly

TurboTax CSV

PRO

Exact TurboTax Online import format — correct column names, correct date format, zero friction. Upload and you're done.

"Description of Property" column format
"Date Sold or Disposed" exact naming
Proceeds, Cost Basis, Adj. Code columns
Direct import — no manual entry
Best for
TurboTax OnlineTurboTax Desktop

CPA Extended Ledger

PRO

19-column audit-trail CSV with transaction IDs, wallet addresses, lot references, and acquisition exchange. The gold standard for HIFO (Specific Identification) compliance.

Transaction hash + wallet for every lot
Lot references for Specific ID verification
Acquisition & disposal exchange fields
Price per unit acquired & sold
Best for
CPA / Tax attorneyHIFO / Specific IDIRS audit responseMulti-exchange traders

Included in Pro · $14.99/mo

Everything You Need

Every field the IRS
actually requires.

Form 8949 asks for specific data points per transaction. We calculate each one, so your filing is precise and audit-ready — regardless of which method you use.

FIFO, LIFO & HIFO Methods
All three accounting methods calculated simultaneously. Compare them and pick the one that minimizes your tax bill.
4 Export Formats
IRS PDF Report, Universal CSV, TurboTax CSV, and CPA Extended Ledger — every filing scenario covered.
Short vs. Long-term Split
Automatically separates < 1 year and > 1 year holdings for correct capital gains rates.
Full Audit Trail per Transaction
Exchange, transaction hash, wallet address, and lot reference for every buy and sell. HIFO-compliant.
Multi-Year Tax History
Go back to any prior tax year. Amend returns with complete confidence.
IRS-Compliant Calculations
Built to the exact specifications of IRS Publication 550 and Form 8949.
Pricing

Less than your CPA charges
for one hour.

CPAs charge $200–500/hr to do what CryptoTrack does in seconds.

CryptoTrack Pro

TAX READY

Everything you need for accurate, stress-free tax filing.

$14.99/mo
Cancel anytime
FIFO, LIFO & HIFO (Specific ID)
IRS Form 8949 export
4 export formats (PDF, CSV, TurboTax, CPA)
Full audit trail per transaction
Short-term & long-term split
Multi-year tax reports
TurboTax direct import CSV
CPA Extended Ledger (19 columns)
Unlimited asset tracking
Unlimited price alerts
Real-time portfolio tracking
Priority support

No setup fee · Cancel anytime

FAQ

Crypto tax questions,
answered.

Is crypto taxed in the US?
What is Form 8949?
What's the difference between FIFO, LIFO, and HIFO?
What is HIFO / Specific Identification?
What export formats does CryptoTrack support?
Does CryptoTrack work with TurboTax?
Can I file taxes for multiple years?
Is my financial data secure?
Tax Deadline: April 15, 2026

Don't file blindly.
File correctly.

Thousands of crypto investors already have their Form 8949 ready — with HIFO savings, clean audit trails, and the right format for their software. Join them. It takes under 10 minutes.

Pro · just $14.99/mo

IRS-Compliant
FIFO, LIFO & HIFO
4 Export Formats
TurboTax Compatible
Cancel Anytime