CoinTracker

CoinTracker

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Track your crypto portfolio and get optimized tax reports — all in one place. Built for web3, trusted by millions. Support: @cointracker_cs

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Coinbase has integrated CoinTracker into their tax center to help users reconcile missing cost basis before filing. Instead of manually matching transfers across platforms, CoinTracker can pull in transaction history from hundreds of wallets and exchanges automatically.

The IRS just quietly saved crypto investors from a massive tax headache by issuing Notice 2026-20. This is the most important update you haven't heard of yet, which is applicable to the 2026 tax year. Let me explain. 🧵

Know someone who needs help with crypto taxes? Get paid for referring them to CoinTracker. ↓ They’ll get 20% off their first paid plan, and you’ll earn 20% of their first-year subscription (up to $500). There’s no limit to how many friends you can refer. Get your invite link in the app and start sharing.

I used cointracker last night, and it matched the 1099-DA to the penny. I was shocked. 🤣

Hiring @CoinTracker's first-ever legal hire — Senior Counsel. You'll build the legal function from scratch: corporate governance, commercial contracts, product, regulatory strategy — all of it. Why CoinTracker? → $1.3B valuation, backed by Accel, General Catalyst, YC, Coinbase Ventures → 3M+ users, ~$250B in crypto tracked → Partnered with Coinbase, Kraken, TurboTax, H&R Block → Growing fast Crypto regulation is moving quickly and this role is right at the center of it. Link below 👇

OVERVIEW CoinTracker https://www.cointracker.io/ makes cryptocurrency portfolio tracking and tax compliance simple. CoinTracker enables consumers and businesses to seamlessly track their cryptocurr...

Two boxes matter on Form 8949: Box H: short-term gains (assets held 365 days or fewer) Box K: long-term gains (assets held 366 days or more) Wrong box = IRS mismatch flag. Not because you did something wrong, but because their system is checking that your holding periods are classified correctly. Your crypto tax software should handle this automatically based on purchase dates, but it's worth verifying before you file, especially if you have positions you held across the one-year threshold.

Are airdrops taxable? Yes. The IRS treats airdrops as ordinary income at fair market value when you receive them. That FMV also becomes your cost basis if you sell later. Even if you didn't ask for it. Even if it's worth $12. Track it or risk overpaying when you sell.

Cost basis methods, explained: When you sell crypto, your gain depends on which "lot" you're selling. Different methods assign different lots and different tax outcomes. → FIFO (First In, First Out) Sells your oldest assets first. Simple, often results in higher gains if prices have risen over time. → LIFO (Last In, First Out) Sells your most recently purchased assets first. Can reduce gains in a rising market. → HIFO (Highest In, First Out) Sells your highest-cost assets first. Minimizes gains, often the most tax-efficient. → Specific Identification You choose exactly which lot to sell. Maximum control, but requires detailed records. The IRS allows any of these methods as long as you're consistent and can prove your records. CoinTracker supports all of them and lets you compare outcomes before you file.

The SEC just dropped the capital haircut on payment stablecoins from 100% to 2%. A massive signal shift for corporate treasury. What most teams are missing: the accounting guidance hasn't caught up. FASB is waiting on legal clarity. Legal is waiting on implementation. Your auditor is waiting on FASB. The companies getting ahead of this are building the ASC 230 memo now, documenting redemption enforceability, and having the auditor conversation before they take a position. The one thing you can't build from public sources → The issuer's legal opinion on your recovery rights in an insolvency scenario. That's the document that separates a defensible classification from one that gets unwound at audit.

Cointracker was the only thing that worked for me the rest of the options were completely useless. Its a fking nightmare.

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