Disclaimer

Last updated: April 1, 2026

Not tax advice

DYOR.tax is a software tool designed to assist with cryptocurrency tax calculations. It is not a tax advisory service, accounting firm, or financial advisor. The reports and calculations generated by this tool do not constitute professional tax, legal, or financial advice.

Consult a qualified professional

You should always consult a qualified tax professional, accountant, or financial advisor before making decisions about your tax filings. Tax laws vary by jurisdiction and are subject to change. A qualified professional can assess your specific situation, consider factors that automated software cannot account for, and provide advice tailored to your circumstances.

Calculations based on user-provided data

All calculations performed by DYOR.tax are based on the data you provide, including CSV files exported from exchanges and public blockchain data from wallet addresses you submit. The accuracy of the output depends directly on the completeness and accuracy of the input data.

Common scenarios that may affect accuracy include:

• Incomplete transaction history (e.g., not including prior-year transactions needed for cost basis)
• Assets transferred between exchanges or wallets where the original purchase price is not available in the CSV
• Cross-chain bridge transactions that may be misclassified
• DeFi protocol interactions involving receipt or wrapper tokens
• Transactions on unsupported exchanges or platforms not included in the analysis

No guarantee of accuracy

While DYOR.tax is tested extensively (290+ automated tests, validation against official HMRC examples for UK, IRS scenario tests for US), we do not guarantee that every calculation will be error-free. Tax rules are complex, vary between jurisdictions, and may be subject to interpretation. Software limitations may result in inaccuracies in certain edge cases.

User responsibility

You are solely responsible for:

• Verifying the accuracy of your tax report before filing
• Ensuring all relevant transaction data is included in your analysis
• Understanding and complying with the tax laws of your jurisdiction
• Any tax filings, payments, or decisions made based on the output of this tool

Supported cost basis methods

The Service currently supports FIFO, LIFO, and HIFO for US reports. Australia, New Zealand, India, and South Africa currently use FIFO. Canada currently outputs FIFO-based transaction P&L with Canadian filing support, but CRA adjusted cost base treatment may require separate review or adjustment. UK reports use HMRC-compliant Section 104 pooling. If your tax authority permits or requires a different method than the country-specific options currently supported, this tool may not produce the correct result for your situation.

Price data

Historical cryptocurrency prices used in calculations are sourced from third-party providers (CryptoCompare, CoinGecko, and exchange CSV data). Price data may differ from what your tax authority considers the fair market value on a given date. Some tokens, particularly low-liquidity or recently launched tokens, may have missing or inaccurate price data.

Tax law changes

Tax laws and regulations change over time. The calculations in DYOR.tax reflect our understanding of applicable tax rules at the time the software was developed. Recent changes to tax law may not be immediately reflected in the software. Always verify current rules with your tax authority or professional advisor.

Limitation of liability

DYOR.tax and its operators are not liable for any penalties, interest, additional tax, or other consequences resulting from the use of reports generated by this tool. Use the Service at your own risk. See our Terms of Use for complete liability terms.

Contact

If you have questions about this disclaimer or the limitations of the Service, contact us at [email protected].