On Tuesday, cryptocurrency tax preparation company, TaxBit, announced the launch of the TaxBit Network — a consortium of 20 centralized and decentralized exchanges (DEXs) — whose users are eligible to receive completed 2021 crypto tax forms for free. Below is a list of TaxBit Network members.

Each tax season, it can be costly to generate crypto tax forms. According to the company’s announcement, the TaxBit Network removes that expense with its purported free, accurate 2021 tax forms. Timed with the launch of TaxBit Network, many participating platforms will be incorporating a one-click TaxBit sign up within their native applications to further simplify access to 2021 tax forms and year-round access to TaxBit’s software.

TaxBit Network makes it easy to integrate your cryptocurrency exchange, DeFi and NFT data, from more 500+ sources. You can view your tax calculation line-by-line, aggregate and tax positions. Additionally you can download IRS Forms 8949 as well as income reports. These are available for uploading to any tax filing software of handing over to an accountant.

Company claims that their team of CPAs has certified tax accuracy for TaxBit Network platforms. This includes reconciling tax forms with Forms 1099 from such platforms.

It’s unclear from the company’s announcement if the free tax forms and access to the TaxBit software are permanently free or just for the 2021 tax season and next 12 months of software access. TaxBit had yet to respond to our email asking for clarification on this specific issue.

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