How to generate IRS compliant Form 8949 and Schedule D for cryptocurrency transactions

How to generate IRS compliant Form 8949 and Schedule D for cryptocurrency transactions

This task can be performed using Blockstats

Most Accurate AI Powered Free Crypto tax software

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Blocks

Blockstats

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Connect your wallets & exchanges. Get real-time tax forms and live portfolio tracking and Supports IRS Complaint Form 8949, Schedule D, TurboTax

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What to expect from an ideal product

  1. Connect all your crypto wallets and exchange accounts in one place to automatically pull transaction data without manual entry
  2. Get accurate calculations for capital gains and losses on every crypto trade, sale, and exchange using real-time market data
  3. Generate proper IRS Form 8949 with all required transaction details including dates, proceeds, cost basis, and gain/loss amounts
  4. Create Schedule D summary forms that correctly categorize short-term and long-term capital gains for tax filing
  5. Export tax documents in formats that work directly with TurboTax and other popular tax preparation software

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