A transaction is an activity that involves the exchange, transfer, or movement of fiat or crypto assets between parties, such as individuals, businesses, or entities. Transaction data enables TaxBit to generate forms and other crucial tax-related information in near real-time.

Transaction Data Model

The TaxBit Transaction Data Model (TDM) is the format TaxBit expects transaction data in the /transaction/ POST, and File Exchange to be inserted into our transaction database. For more information, see the Transaction Data Model page.