# Privacy-focused crypto tax software for US investors Navigate crypto tax worries effortlessly with the only privacy focused crypto tax software. Save time, optimise taxes, and ensure IRS compliance. ## Crypto tax software for US taxpayers - Connected accounts - see all your accounts and wallets - Click here to add more accounts and wallets - Use the menu to navigate to view all your assets, NFT gallery and all of your transactions - Click tax to find all your tax reports - Explore support articles or talk to a member of our support team ## Track your entire crypto portfolio in one place Recap is more than just crypto tax software. See the true value of your crypto portfolio with real-time tracking of your crypto investments. - One view of all your crypto accounts - Track all of your historical cryptocurrency transactions and crypto assets - See your entire crypto worth in USD - Analyse the performance of your crypto to plan and optimise future investments ## Automatically calculate your crypto tax report Simply import your crypto trading history and Recap instantly calculates your capital gains and income taxes. - Compliant with the latest IRS guidance - Preview your capital gains for free - Automatically generate IRS FORM 1040 and FORM 8949 - Securely share your data with your accountant and delegate filing ## Support for your exchanges and wallets Recap connects to 31+ exchanges and wallets. See the full list at https://recap.io/en-US/integrations. ## US crypto tax guides Browse our US focused guides to demystify the complexities of crypto tax without the confusing jargon. - [Crypto taxes USA : expert guide (2024)](https://recap.io/en-US/guides/[object%20Object]) - [Calculating and reporting US capital gains tax from crypto](https://recap.io/en-US/guides/[object%20Object]) - [5 strategies for minimizing your US crypto tax bill](https://recap.io/en-US/guides/[object%20Object]) ## Crypto tax made simple Recap makes it easy to calculate and stay on top of your crypto taxes. ### Import your data Import your transactions and calculate your crypto taxes with ease whether your trading, earning DeFi rewards or collecting NFTs! - Real-time API sync for major exchanges like Coinbase, Kraken and Binance - On-chain support for Ethereum, Binance Smart Chain and Polygon wallets - CSV import for all other accounts ### Crunch the numbers Watch Recap calculate your capital gains/losses and income for all of your activity - trades, NFTs and margin! - Automatically classify transactions and apply relevant tax treatment - Accurate valuations based on our fair market valuation methodology - Automated support for IRS tax rules ### Generate your tax reports Review and download your reports ready for filing your self assessment. - PDF capital gains tax report - PDF income tax report - Share your Recap account with your CPA or tax attorney ## FAQs ### How is cryptocurrency taxed? In the US most crypto gains will be subject to Capital Gains Tax, but sometimes Income Tax can apply. Read our [US crypto tax guide](https://recap.io/en-US/guides/us-crypto-tax-guide) to find out more. ### What is capital gains tax? Capital gains tax is a tax on the profit when you dispose of an asset. In crypto it can apply to selling, trading and gifting a crypto asset. ### When do I need to pay crypto tax in the US? The deadline for filing and paying your taxes to the IRS is normally April 15, although holidays and weekends can impact the actual date. ### Why do I need a crypto tax calculator? Although it’s possible to calculate your crypto taxes manually, a crypto tax calculator like Recap saves time and increases accuracy. ### Can I reduce how much crypto tax I owe? With clever tax planning you can optimise your crypto taxes to make the most of capital gains allowances. Take a look at [our blog](https://recap.io/en-US/blog/5-strategies-for-minimizing-your-us-crypto-tax-bill) for some tax saving strategies, remember to consult a tax advisor or attorney for advice on your personal tax situation. ### How much tax is payable on crypto gains? Your capital gains from crypto will be taxed at 10% (basic rate) or 20% (higher rate), based on your annual income. Take a look at our [US tax guide](https://recap.io/en-US/guides/us-crypto-tax-guide) for tax rates for the current tax year. --- Canonical HTML: https://recap.io/en-US Site map: https://recap.io/sitemap.xml · AI manifest: https://recap.io/llms.txt Any page listed above is available as Markdown by appending `.md`, or by sending `Accept: text/markdown`.