Best Crypto Tax Software in Canada (2026)
Last reviewed 24 August 2026 · Assessed against each product’s own documentation · By the CryptoNorth Team
Koinly, for most Canadians. It is the only one of these that states in its own documentation that it applies the adjusted cost base method together with the superficial loss rule — the specific combination a Canadian return requires.[1]
Price is not the deciding factor. Koinly and CoinLedger cost the same: free to import and preview, then $49 to $199+ USD per tax year to download the report.[2][4]
On one thing: whether the product documents that it handles the Canadian rules correctly. Koinly says so explicitly. CoinLedger does not document the superficial loss part. Summ does not document the Canadian specifics at all. You can check every one of those claims through the source links at the foot of this page.
The honest caveat: we assessed documented capability, not hands-on filing. We have not filed a Canadian return through all three and compared the output. It is possible a product handles Canadian rules well and simply writes about it badly — on that measure Koinly wins partly for explaining itself clearly. If that changes, so will this page.
The only one of these whose own documentation states plainly that it applies the adjusted cost base method together with the superficial loss rule for Canadian users. That is the exact combination a Canadian return needs, and nobody else says it as directly.
- Documents ACB and superficial loss handling explicitly, not by implication
- Produces a pre-filled Schedule 3 rather than raw numbers you transcribe yourself
- Free tier imports up to 10,000 transactions so you can check your full history before paying
- Exports directly into TurboTax
- Priced in USD, so Canadians pay an FX spread on top
- You only find out whether the numbers look right after connecting everything
Priced identically to Koinly and covers the same ground. Its Canadian guide correctly states the CRA requires ACB, but we could not find documentation confirming the software applies the superficial loss rule automatically. That is the one gap between it and our top pick.
- Same price as Koinly, with a discount code, and a 14-day money-back guarantee
- Free import and preview before paying
- Broad exchange and wallet coverage, plus DeFi and NFTs
- Superficial loss automation is not documented — worth asking support before you rely on it
- Marketing leads on FIFO and LIFO, which are US methods, not the Canadian one
- Priced in USD
Formerly Crypto Tax Calculator, rebranded to Summ. Long-standing reputation for handling messy on-chain history. But its Canadian page speaks in general terms about following CRA guidelines rather than naming ACB, the superficial loss rule or Schedule 3, so we cannot verify the specifics that matter most here.
- Strong track record with complex DeFi and NFT activity
- Customisable tax settings
- Canadian specifics not documented where we could check them
- Recent rebrand means older reviews and links point at the previous name
Side by side
“Documented” means the company states it in its own published material, checked 24 August 2026. A cross means we could not verify it, not that the product definitely lacks it.
What about TurboTax?
TurboTax Canada is filing software, not a crypto calculator. It will not work out your adjusted cost base across several exchanges and wallets — it expects you to arrive with the finished numbers. It belongs alongside one of the tools above, not instead of one. Both Koinly and CoinLedger export into it.
How to choose without overthinking it
- Import before you pay. All of these let you connect everything and preview the gain for free. Do that first — the report download is the only paid step.
- Check the method setting says ACB or average cost. Tools built for a US audience can default to FIFO, which is the wrong answer here.[6]
- Tag your self-transfers. An untagged withdrawal reads as a sale and inflates your gains. See wallet transfers.
- Sanity-check one trade by hand. Pick a disposition you remember and confirm the software’s number matches your own working.
- Budget for the exchange rate. These are USD prices, so the CAD cost is higher than the sticker.
Related questions
Canada uses average cost, not FIFO — the setting your software has to get right.
Yes, and each swap updates the cost base of both coins.
No — but tag it, or your software will report a sale that never happened.
Brackets, the 50% inclusion rate, why exchanges do not yet report your trades to the CRA, and what changed from 2025.
This page is general information, not tax advice, and it is a review of documented product capability rather than a certification that any tool will produce a correct return. We are not accountants. Software does not remove your responsibility for what you file. Check the output, and for anything complex use a CPA who handles crypto.
The full guide covers the 2026 brackets, what counts as a disposition, why exchanges do not yet report your trades to the CRA, and record keeping.
Read the full tax guide →
