If you mine Bitcoin or stake Ethereum, you already know the first rule of crypto taxes: the IRS (and most tax authorities) treats every block reward and staking payout as ordinary income the moment it hits your wallet. Sell later at a higher price? That's a separate capital gain. Miss either classification and you're looking at penalties, amended returns, or worse.
The right software doesn't just tally your trades — it separates income events from capital events automatically. After combing through documentation, hands-on reviews, and the latest 2025 feature sets, these four platforms stand out for anyone earning rewards through mining or staking.
How We Tested
We evaluated each platform on three axes that matter most for reward earners:
- Integration depth — Does it pull data via API from mining pools, staking protocols, and DeFi platforms, or do you need to upload CSV files?
- Reward classification — Does it correctly tag staking yields, mining payouts, and airdrops as income (not capital gains)?
- Pricing for volume — Mining and staking generate hundreds or thousands of micro-transactions. Does the pricing tier punish you for that volume?
The Best Crypto Tax Software for Mining & Staking
1. CoinTracker — Best Overall for Automated Reward Tracking
CoinTracker is the official crypto tax partner of both Coinbase and TurboTax, and that integration muscle shows in how it handles rewards.2 It supports 500+ exchanges and wallets via direct API connections, meaning your mining pool payouts and staking rewards flow in without manual CSV exports.
The platform automatically classifies staking rewards and mining income as income events at the time of receipt, then tracks cost basis for any subsequent sale. For high-volume wallets — common with GPU mining or liquid staking derivatives — CoinTracker's bulk categorization tools save hours of manual sorting.
Best for: Coinbase users, TurboTax filers, and anyone who wants a set-and-forget API pipeline for reward income.
2. Koinly — Best for International Filers and Audit Trails
Koinly supports tax filing in more than 20 countries, making it the go-to if you're outside the US or hold assets across multiple jurisdictions.3 Its double-entry bookkeeping system monitors every transaction from receipt to disposal, which is a lifesaver when you're dealing with staking rewards that split into multiple UTXOs or DeFi positions that compound daily.
The platform's "Income" tag is applied by default to mining and staking deposits, and you can review every classification before generating your tax report. Koinly also offers a free portfolio tracker, so you can monitor reward accumulation year-round — not just in April.
Best for: Multi-country filers, DeFi stakers, and anyone who wants a transparent audit trail for every reward event.
3. ZenLedger — Best for High-Volume DeFi and Mining Operations
ZenLedger was built for the complexity of DeFi, and that makes it a natural fit for active stakers and miners who interact with multiple protocols.1 It handles high-transaction-volume portfolios without bogging down, and its DeFi-specific tax treatments correctly parse yield farming rewards, liquidity pool fees, and staking distributions.
Where ZenLedger shines is its ability to import directly from 400+ exchanges, wallets, and blockchains — including major mining pools. The platform generates IRS-compliant forms (8949, Schedule D, and Schedule 1 for mining income) and offers a tax-loss harvesting report that can offset some of that mining income tax burden.
Best for: Heavy DeFi users, multi-pool miners, and anyone generating thousands of reward transactions per year.
4. CoinLedger — Best for Simplicity and Clear Reward Reporting
CoinLedger (formerly CryptoTrader.Tax) focuses on a clean, intuitive interface that doesn't sacrifice depth. Its mining and staking reports clearly separate income earned from gains realized, making it easy to hand your CPA a single page that explains your reward activity.1
The platform imports from 400+ exchanges and wallets, and its auto-classification engine tags staking and mining rewards correctly out of the box. For users who prefer to review every line item, CoinLedger's transaction editor lets you reclassify any event with one click.
Best for: First-time crypto tax filers, casual stakers, and anyone who wants a straightforward report without digging through spreadsheets.
Why Reward Classification Matters
The single biggest mistake crypto earners make is treating all crypto activity as capital gains. Here's the distinction:
- Mining rewards → Ordinary income equal to the fair market value of the coin at the time you received it.
- Staking rewards → Ordinary income (in most jurisdictions) at the time of receipt.
- Selling either later → Capital gain or loss based on the difference between your cost basis (the income value) and the sale price.
Software that blurs this line — or forces you to manually reclassify every transaction — is a liability. Every platform above gets it right automatically, which is why they made this list.
The Bottom Line
For most miners and stakers, CoinTracker offers the best balance of automation, exchange support, and TurboTax integration. If you're filing internationally or want the deepest audit trail, Koinly is a strong alternative. Heavy DeFi users should lean toward ZenLedger, and anyone who values simplicity above all else will be happy with CoinLedger.
Recomate earns affiliate commissions from some of the products featured in this guide. We only recommend tools we've vetted against our testing criteria — the things actually worth buying.
