Frequently asked
Questions.

DeFiTax is a comprehensive crypto tax software that helps you track, calculate, and report your cryptocurrency taxes. We support top exchanges and DeFi protocols, making it easy to generate IRS-defendable tax reports.

Simply connect your wallets and exchanges, and DeFiTax automatically syncs all your transactions. Our platform calculates your capital gains, losses, and income, then generates Form 8949 and Schedule D-ready reports for your accountant or tax professional.

Yes, we use bank-grade encryption and security measures to protect your data. We never ask for your private keys or withdrawal permissions. We only need read-only API access to track your transactions.

DeFiTax currently supports tax reporting for the United States, Canada, United Kingdom, Australia, and several other countries. We're constantly expanding our international coverage.

DeFiTax tracks all types of crypto transactions including trades, purchases, sales, transfers, staking rewards, mining income, airdrops, forks, DeFi activities, and NFT transactions.

DeFi transactions such as swaps, liquidity pool deposits/withdrawals, and yield farming are typically taxed as capital gains events. Rewards earned from staking and liquidity pools are generally considered ordinary income.

Yes, NFTs are taxable. When you sell or trade an NFT, you may owe capital gains tax on any profit. NFTs are classified as collectibles, which may be subject to a higher tax rate of 28% for long-term gains.

Receiving crypto as a gift is generally not a taxable event. However, when you later sell or trade that gifted crypto, you'll need to calculate capital gains using the original owner"s cost basis and purchase date.

DeFiTax provides Form 8949 and Schedule D-ready data and reporting. We also provide detailed transaction reports and audit trails for your records that you can share with your tax professional.

DeFiTax imports transaction data directly from the blockchain to ensure accuracy and prevent data corruption. CSV files from other tax software can be manipulated or contain errors, which is why we prioritize direct blockchain integration for the most reliable tax reporting.

Yes, the IRS requires you to report all taxable crypto transactions, regardless of the amount. DeFiTax automatically tracks and categorizes all your transactions to ensure complete compliance.

If you discover an error, you should file an amended return using Form 1040-X. DeFiTax can help you generate accurate reports for previous years to correct any mistakes.

We accept all major credit cards and debit cards through Stripe. Subscriptions are billed annually, and we offer a free tier for users with up to 100 transactions.

Yes, you can change your plan at any time. If you upgrade to an annual plan, you'll be charged the full difference immediately, and your renewal date stays the same (no proration). If you downgrade, the change will take effect at your next billing cycle.

We offer a 14-day money-back guarantee for annual subscriptions. If you're not satisfied with DeFiTax, contact our support team for a full refund within 14 days of purchase.

Yes! Our Blue (Free) plan includes support for up to 50 transactions per year, making it ideal for beginners or casual crypto users. If you need a higher transaction limit, you can upgrade to one of our paid plans at any time.