Recap - Effortlessly manage crypto taxes with privacy

Recap.io simplifies the process of calculating and filing crypto taxes for US investors by providing a streamlined interface for importing transactions and automating tax calculations. Here’s how it works:

1. Import Transactions: Start by importing your crypto trading history from supported exchanges via real-time API sync or CSV uploads. Recap.io makes it easy to gather your data from various sources.

2. Real-Time Tracking: Once your transactions are imported, you can track your entire crypto portfolio in real-time. This includes monitoring your investments across different exchanges and wallets, giving you a comprehensive view of your crypto assets.

3. Automatic Tax Calculations: Recap.io automatically calculates your capital gains and income taxes based on the transactions you’ve imported. This includes accounting for various scenarios like trading, earning DeFi rewards, and collecting NFTs.

4. IRS Compliance: The software ensures that all calculations are compliant with the latest IRS regulations. Recap.io generates the necessary IRS forms, such as FORM 1040 and FORM 8949, making tax filing straightforward.

5. Data Privacy: User privacy is a top priority. You have control over your data and can securely share it with your accountant when needed. This means less worry about data breaches or unauthorized access to your financial information.

6. Insights and Optimization: Finally, Recap.io provides powerful insights into your investments, helping you analyze performance and optimize future tax strategies. This way, you can make informed decisions that enhance your overall investment returns.

To start using Recap.io, simply follow these steps:

1. Sign Up: Create an account on Recap.io by providing your email and setting up a secure password.

2. Import Transactions: Import your crypto trading history from exchanges or wallets. You can do this through real-time API connections or upload CSV files for ease.

3. Review Your Portfolio: Once your transactions are imported, take a moment to review your entire crypto portfolio. Recap.io will display real-time tracking of your investments.

4. Calculate Taxes: Allow Recap.io to automatically calculate your capital gains and income taxes based on your imported transaction history.

5. Generate Reports: When ready, generate the necessary IRS forms and reports for tax filing. You can easily share these with your accountant for seamless filing.

Recap.io stands out as the ultimate solution for US investors seeking a privacy-focused approach to managing their crypto taxes. With robust tracking capabilities and seamless integration, you can navigate your crypto investments confidently and compliantly.