How can I generate a tax report for my FTX transactions?

3 answers

• Nov 27, 2021 · 3 years ago
  Generating a tax report for your FTX transactions can be done using various methods. One option is to use a cryptocurrency tax software like CoinTracking or CryptoTrader.Tax. These platforms allow you to import your transaction history from FTX and generate a comprehensive tax report with all the necessary information for filing your taxes. They can also help you calculate your capital gains and losses. Just make sure to review the generated report and consult with a tax professional if needed.
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• Nov 27, 2021 · 3 years ago
  If you prefer a more manual approach, you can export your transaction history from FTX in CSV format and use a spreadsheet software like Excel or Google Sheets to organize and calculate your tax liabilities. You will need to categorize your transactions based on buy/sell trades, transfers, and other types of transactions. It's important to keep accurate records and include all relevant details such as dates, transaction amounts, and fees.
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• Nov 27, 2021 · 3 years ago
  At BYDFi, we understand the importance of generating tax reports for cryptocurrency transactions. Our platform offers a built-in tax reporting feature that allows users to easily generate tax reports for their FTX transactions. Simply connect your FTX account to BYDFi and our system will automatically import your transaction history and generate a detailed tax report. You can customize the report based on your specific tax requirements and easily export it for filing purposes.
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