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Crypto portfolio assistant

Track and manage your crypto investment performance.
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Enable your clients to stay compliant with virtual currency tax regulations.
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Crypto taxes

Accurately calculate your taxes and generate your tax reports.
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Differentiate your business with the gold standard in crypto tax compliance.
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Tax plan payments and upgrading to higher tax plan tiers

 

Introduction

CoinTracker Tax Plans are priced based on the number of transactions you have in a given tax year. Tax plans allow users to view capital gains and losses as well as tax forms for that tax year.

  • We will automatically suggest the correct tax plan tier based on your current number of transactions in a tax year. This is visible in the Tax Center. See example 1 below.
  • However, sometimes transaction totals change after a tax plan is purchased, which can lead to situations where users need to upgrade to a higher tier. This will look like you're being "double-billed" but that is not the case - see example 2 below.

Please note, the screenshots below represent a user in the US. Taxation country and currency can be updated within your Account Settings.

Example 1 - purchasing the recommended tax plan

A user named Sharon has 739 transactions in the 2022 Tax Year, and this is what is in their tax center:

Screen_Shot_2023-01-11_at_2.50.47_PM.jpeg

 

They click "Choose a tax plan" and see that CoinTracker is recommending a specific plan to them for $179 (10% of the $199 for the early bird discount - available for tax plan purchases before Jan 31) 

Screen_Shot_2023-01-11_at_3.12.03_PM.png

This corresponds to the tax plan tier for transactions numbering between 201-1000, since they have 739 transactions. The 10% early bird discount is applied. (*note - the "unlimited" plan is currently unavailable)

Screen_Shot_2023-01-11_at_3.16.00_PM.png

Sharon purchases the tax plan and is able to access capital gains calculations and tax forms in the tax center.

Screen_Shot_2023-01-11_at_3.19.49_PM.png

 

Example 2 - multiple payments required to purchase tax plan

  • In October 2022, Frances uploads her transactions to CoinTracker and has 112, and so purchases the recommended tax plan at $99 (for 101-200 transactions(
  • November to December, 2022- Frances has much more crypto activity and adds another 2000 transactions for a total of 2112.
  • In March 2023 Frances is asked to upgrade tax plans - the $299 plan (for 1001-3000 transactions).

Screen_Shot_2023-01-11_at_3.33.23_PM.png

  • However, they will only pay $200 as they already paid $99.

In summary, the total of all tax plan payments should correspond to the proper tier based on your final transaction total. 

 

 

 

 

  • Updated