Frequently Asked Questions

Simply export your transaction history from your exchange as a CSV file, then upload it to our platform. We'll automatically process your transactions and generate all required financial reports within minutes.

No! Clarity Crypto Tax is designed for non-experts. We handle all the complex calculations and generate reports in standard accounting format that any CPA can understand.

Most users see their reports generated in under 5 minutes. Processing 1,000+ transactions typically takes less than 5 minutes with our optimized CSV parser.

Each buy, sell, trade, transfer, or reward event counts as one transaction. For example: buying BTC = 1 transaction. Transferring to another wallet = 1 transaction. Trading BTC for ETH = 1 transaction.

If you're not satisfied within 30 days of purchase, email us for a full refund. No questions asked. We want you to be completely confident in Clarity Crypto Tax.

We generate 6 comprehensive reports: Trial Balance, Double-Entry Journal, Income Statement, Realized Gains & Losses, Currency Balances, and Balance Sheet. All reports are tax-compliant and formatted for professional accounting use.

We support major exchanges including Binance, Coinbase, Kraken, and many more. Support for additional exchanges is continuously being added.

Yes! Our reports follow standard accounting principles (trial balance, double-entry journal) and export to formats accountants use daily (Excel, QuickBooks, Xero). No crypto expertise needed on their end.

We use exchange-specific rates for 100% accurate tax calculations. Generic tools use market rates that may differ 2-5% from actual transaction rates.

Yes. We use bank-level encryption for all data transmission and storage. Your transaction data is never shared with third parties and is stored securely in Canadian data centers.

No. You export CSV files directly from your exchange and upload them to our platform. We never ask for or store your exchange login information.

Yes, you can request deletion of your account and all associated data at any time by contacting support.

Yes! All reports are formatted to meet tax authority requirements for cryptocurrency tax reporting. We use the correct cost basis methods (FIFO) and proper categorization for tax purposes.

We support all tax years. You can process transactions from any date range and generate reports for specific calendar or fiscal years.

No, we generate the financial reports you need for tax filing. You or your accountant will use these reports to complete your actual tax return.

FIFO (First-In, First-Out) is the approved method for calculating cost basis. It means the first crypto you bought is considered the first crypto you sold. This affects your capital gains calculations and must be done correctly for tax compliance.

Most exchanges export transactions as CSV (Comma-Separated Values) files. Our platform is optimized to read and process various exchange CSV formats automatically.

Yes! You can upload CSVs from different time periods and we'll process them all together, maintaining accurate cost basis across years.

We support all major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and thousands of other tokens across supported exchanges.