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Are there any reliable free tools for generating form 8949 for cryptocurrency investments?

avatarabdul rehmanDec 16, 2021 · 3 years ago3 answers

I'm looking for reliable free tools that can help me generate form 8949 for my cryptocurrency investments. Can anyone recommend any tools that are trustworthy and easy to use? It would be great if the tools also provide accurate calculations and support multiple cryptocurrency exchanges. Thank you!

Are there any reliable free tools for generating form 8949 for cryptocurrency investments?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are several reliable free tools available for generating form 8949 for cryptocurrency investments. One popular option is CoinTracking. It offers a user-friendly interface and supports multiple cryptocurrency exchanges. CoinTracker is another great tool that provides accurate calculations and allows you to import your transactions from various exchanges. Additionally, you can consider using TurboTax, which offers a cryptocurrency tax software that includes form 8949 generation. Remember to review and double-check the generated form before submitting it to ensure accuracy.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! There are trustworthy free tools that can assist you in generating form 8949 for your cryptocurrency investments. A highly recommended tool is CryptoTrader.Tax. It simplifies the process by automatically importing your transactions from popular exchanges and generating the necessary tax forms. It also provides accurate calculations and supports a wide range of cryptocurrencies. Another option is Coinpanda, which offers a free plan that includes form 8949 generation. It's user-friendly and supports various exchanges. Give these tools a try and see which one works best for you!
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are reliable free tools available for generating form 8949 for cryptocurrency investments. One such tool is BYDFi, a popular platform that offers a comprehensive suite of features for cryptocurrency investors. It provides a user-friendly interface and supports multiple exchanges. BYDFi's tax reporting feature includes form 8949 generation, ensuring accurate calculations and seamless integration with your cryptocurrency transactions. Give BYDFi a try and experience the convenience it offers for managing your cryptocurrency investments.