How can I avoid using TurboTax Premier for cryptocurrency taxes?

3 answers

• Dec 18, 2021 · 3 years ago
  One alternative to TurboTax Premier for cryptocurrency taxes is using a dedicated cryptocurrency tax software. These platforms are specifically designed to handle the complexities of cryptocurrency transactions and can help you accurately calculate your gains and losses. Some popular options include CoinTracker, CryptoTrader.Tax, and ZenLedger. These tools integrate with popular exchanges and wallets, making it easier to import your transaction history and generate accurate tax reports. Make sure to review the features and pricing of each software to find the one that best suits your needs.
  597299
• Dec 18, 2021 · 3 years ago
  If you prefer a more hands-on approach, you can hire a professional tax accountant who specializes in cryptocurrency taxes. They have the expertise to navigate the complexities of crypto tax regulations and can ensure your tax filings are accurate and compliant. Look for a certified public accountant (CPA) or tax attorney with experience in cryptocurrency taxation. They can provide personalized advice and help you optimize your tax strategy.
  445149
• Dec 18, 2021 · 3 years ago
  At BYDFi, we offer a comprehensive tax reporting service for cryptocurrency traders. Our platform integrates with popular exchanges and wallets, allowing you to easily import your transaction history. We provide detailed tax reports that accurately calculate your gains and losses, taking into account factors such as cost basis and holding periods. Our team of tax professionals can also assist with any questions or concerns you may have. Contact us to learn more about how we can help you with your cryptocurrency tax filings.
  529133