Crypto tax software provider starting to support DeFi protocols, including Uniswap V2

TokenTax, a crypto tax software provider that helps users file taxes, has added support for Uniswap V2.

The integration means users would have to just connect their Ether (ETH) addresses, and their Uniswap V1 & V2 transactions would automatically be imported into their TokenTax accounts.

TokenTax said it is set to also support two other decentralized finance (DeFi) protocols — Curve Finance and Aave. The news comes at a time when the U.S. Internal Revenue Service has sent a new batch of letters to suspected crypto holders about whether they correctly reported their transactions.

Crypto taxes in general, and DeFi taxes in particular, are said to be complicated as it is not always easy to download transaction histories and tell what a taxable event is and what isn’t. TokenTax rival CoinTracker also supports several DeFi protocols, including Uniswap, but it is not clear whether Uniswap V2 is also integrated within its software.

Uniswap V2 went live in May of this year, with several new features, including ERC20 pairs, more manipulation-resilient price oracles and flash swaps.