Awaken Tax vs TaxBit

Awaken Tax4.0/5

VS

TaxBit4.1/5

Feature	Awaken TaxVisit	TaxBitVisit
Ratings
Our score	4.0/5	4.1/5
User rating	No reviews yet	No reviews yet
Accuracy	4.5	4.5
Integrations	4.0	4.0
Pricing	3.0	3.0
Report coverage	4.0	5.0
Ease of use	4.0	4.0
Specs
Tax reports for	United States, Canada, United Kingdom, Australia, Germany, Other	United States, United Kingdom, Canada, Australia, Germany, France, Netherlands, Spain, Italy, Other
Free plan	Yes	Not disclosed
DeFi & NFT support	Yes	Not disclosed
Reports produced	Form 8949, 1099-B, Schedule D	1099-DA
TurboTax export	Yes	Not disclosed
Accountant portal	Yes	Yes
Mobile app	Yes	Not disclosed
Free trial	Yes	Not disclosed
Tax professional support	Yes	Yes
Company
Founded	2022	2018
Headquarters	United States	United States
Investors	Not disclosed	IVP, Insight Partners, Galaxy Ventures
Strengths and weaknesses
Pros	Free wallet imports and capital gains summaries without requiring a credit card Generates official tax forms across more than 55 supported countries Parses complex activity across over 10,000 decentralized applications Direct integrations for Solana, Ethereum, and Hyperliquid activity	Supports 1099-DA, CARF, DAC8, and CRS 2.0 across more than 70 jurisdictions Processed over 3 billion digital asset transactions for tax year 2025 Staffed by more than 30 in-house specialists from the IRS, OECD, and Big Four Holds independent SOC 2 security certification for data protection
Cons	Sunsetting specific network integrations such as Blast requires users to import data before support ends Report downloads require paid tier upgrades once transactions are summarized Occasional node indexing delays have slowed imports for thousands of EVM wallets	Geared primarily toward enterprise platforms rather than DIY retail filers High-volume trader plans have been offered with audit-ready packs
Best for	Solana and Ethereum DeFi traders, Hyperliquid perpetual contract users, US taxpayers needing Form 8949	Crypto exchanges filing 1099-DA forms, Fintechs navigating CARF and DAC8, Institutions reporting digital asset payees

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