Are there any TurboTax alternatives for calculating crypto taxes?

3 answers

• Dec 19, 2021 · 3 years ago
  Yes, there are several alternatives to TurboTax for calculating crypto taxes. One popular option is CoinTracking. It offers a comprehensive platform for tracking and calculating your cryptocurrency transactions, and it provides detailed tax reports that can be easily exported for filing. Another option is CryptoTrader.Tax, which automates the process of calculating your crypto taxes and generates IRS-friendly tax reports. Both of these alternatives can help you accurately report your crypto gains and losses for tax purposes.
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• Dec 19, 2021 · 3 years ago
  Definitely! If you're looking for a more user-friendly option, you might want to try out TaxBit. It's a platform specifically designed for cryptocurrency tax calculations and offers a simple and intuitive interface. It also integrates with popular exchanges and wallets, making it easy to import your transaction data. With TaxBit, you can ensure that you're accurately reporting your crypto taxes without the hassle of complicated tax forms.
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• Dec 19, 2021 · 3 years ago
  Yes, there are alternatives to TurboTax for calculating crypto taxes. One option is BYDFi, a digital currency exchange that provides a built-in tax calculation feature. It allows you to easily track your cryptocurrency transactions and generate tax reports. BYDFi's tax calculation feature is designed to simplify the process and ensure accurate reporting. However, it's always a good idea to compare different options and choose the one that best suits your specific needs and preferences.
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