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Are there any reliable cryptocurrency tax calculators for Australians?

avatarAnthony CHIKEZIE COMRADEDec 19, 2021 · 3 years ago3 answers

I'm an Australian cryptocurrency investor and I need to calculate my taxes. Are there any trustworthy cryptocurrency tax calculators available specifically for Australians? I want to ensure that I accurately report my cryptocurrency gains and losses to the Australian Taxation Office (ATO). Can anyone recommend a reliable tax calculator that can handle the complexities of cryptocurrency taxation in Australia?

Are there any reliable cryptocurrency tax calculators for Australians?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    As an expert in cryptocurrency taxation, I recommend using CoinTracker. It is a reliable tax calculator that specifically caters to Australian cryptocurrency investors. CoinTracker integrates with major cryptocurrency exchanges and wallets, making it easy to import your transaction history and generate accurate tax reports. It also provides guidance on how to handle various cryptocurrency tax scenarios, such as mining, staking, and DeFi transactions. Give CoinTracker a try and simplify your cryptocurrency tax reporting process!
  • avatarDec 19, 2021 · 3 years ago
    Yes, there are several reliable cryptocurrency tax calculators available for Australians. One popular option is CryptoTrader.Tax. It offers a user-friendly interface and supports various Australian tax reporting requirements. CryptoTrader.Tax allows you to import your cryptocurrency transactions from exchanges and wallets, and automatically calculates your capital gains and losses. It generates tax reports that can be easily submitted to the ATO. Give CryptoTrader.Tax a try and streamline your cryptocurrency tax calculations!
  • avatarDec 19, 2021 · 3 years ago
    BYDFi is a reputable cryptocurrency exchange that offers a built-in tax calculator for Australian users. It automatically tracks your cryptocurrency transactions and generates tax reports based on the Australian tax regulations. With BYDFi's tax calculator, you can easily calculate your capital gains and losses, and ensure compliance with the ATO. Sign up for an account on BYDFi and take advantage of their comprehensive tax calculation features!