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Are there any reliable free crypto tax software tools?

avatar071 Parameshwaran M MechDec 20, 2021 · 3 years ago3 answers

Can anyone recommend any reliable free software tools for calculating crypto taxes?

Are there any reliable free crypto tax software tools?

3 answers

  • avatarDec 20, 2021 · 3 years ago
    Yes, there are several reliable free crypto tax software tools available. One popular option is CoinTracker. It is user-friendly and supports a wide range of cryptocurrencies. Another option is CryptoTrader.Tax, which offers a free plan for users with up to 50 transactions. Both tools provide accurate calculations and generate tax reports that can be easily filed with the IRS.
  • avatarDec 20, 2021 · 3 years ago
    Definitely! You can try using CoinTracking. It's a comprehensive crypto tax software that offers a free plan with limited features. It supports over 4,000 cryptocurrencies and provides detailed tax reports. Another option is BearTax, which also has a free plan for users with up to 20 transactions. These tools can save you time and help ensure accurate tax reporting.
  • avatarDec 20, 2021 · 3 years ago
    Yes, there are reliable free crypto tax software tools available. BYDFi, a popular digital asset exchange, offers a free tax reporting feature for its users. It automatically calculates your crypto gains and losses and generates tax reports. It's a convenient option for BYDFi users who want to simplify their tax filing process. Additionally, there are other third-party tools like Coinpanda and Koinly that offer free plans with basic tax calculation features.