Cryptoworth vs. Intuit TurboTax

It may not be needed by all yet but will become more applicable as tax and self-assessment on crypto assets get cracked down on. It's best to stay ahead and use these products early in order to stay on top.

Intuit TurboTax is well suited for most scenarios ranging from simple filing (i.e., single filing, one employer, limited asset, same state as employer) to complicated filing (i.e., married filing jointly, changing employers, different state as employers or WFH, multiple assets such as real estate and cryptocurrencies, entrepreneurship side-gig). TurboTax does not have wide-range offerings and partnerships with crypto exchanges so crypto owners may use a different service to generate the necessary tax forms for TurboTax to digest.

Incentivized

• Customer service and feedback
• Flexibility and openness to new transactions or chains
• User experience is great, intuitive, and always seems to get better

• Ease of use
• Availability
• Cost

Incentivized

• The platform is prone to bugs
• The UI/UX is rather confusing to use and takes time to get used to
• Takes a considerable time to load and import all transactions

Incentivized

• integration with other applications such as Mint
• online and cloud sign-up for multiple Intuit applications is unsmooth
• price point for state tax filing can be made staggered (cheaper for simple form)

Incentivized

We really like Cryptoworth as a product and their level of customer support is excellent. In particular I give a shoutout to one of their founders [...] who seems to be available night or day to troubleshoot! Subledger technology for blockchain is still a relatively new concept industry wide but Cryptoworth are a reliable and value for money market leader. They also are keen to collect feedback and continue to refine and improve.

Because of its intuitive interface, seamless integration with multiple exchanges and wallets, accurate portfolio tracking, and efficient automation of crypto accounting tasks. Its user-friendly design and comprehensive features make managing digital assets effortless and efficient.

Top customer support.

Cryptoworth has competitors in the crypto accounting software field but there are things that it does best. One of the competitors that stack up against Cryptoworth is CoinTracker which has some similarities but also differences. For one, the UI look of CoinTracker may be more appealing to some users, such as myself. However, Cryptoworth is more robust and has more professional tools that some users can take advantage of.

Incentivized

Intuit TurboTax is much simpler and easy to use, not to mention affordable.

Incentivized

• Positive Impact: more access to transaction data and visibility to funds.
• Negative Impact: Spending lots of time with CS team to identify bugs and duplicated entries.
• Positive Impact: Taxable events calculation.

Incentivized