What are the best cryptocurrency apps for tax filing?

3 answers

• Dec 17, 2021 · 3 years ago
  Sure! One of the best cryptocurrency apps for tax filing is CoinTracker. It offers a user-friendly interface and supports multiple exchanges and wallets. You can import your transaction history and it will automatically calculate your gains and losses for tax purposes. Another popular option is CryptoTrader.Tax, which also provides comprehensive tax reporting features. It allows you to import your transactions, calculate your tax liability, and generate tax forms like Form 8949 and Schedule D. Both of these apps are highly recommended by cryptocurrency enthusiasts and tax professionals.
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• Dec 17, 2021 · 3 years ago
  When it comes to tax filing for cryptocurrency, it's important to choose a reliable app that can accurately calculate your tax liability. One app that stands out in this regard is CoinTracking. It offers a wide range of features, including automatic import of transactions from various exchanges, real-time profit and loss calculation, and tax report generation. Another app worth considering is Bitcoin.Tax, which supports multiple tax methods and provides detailed tax reports. These apps can save you a lot of time and effort when it comes to filing your cryptocurrency taxes.
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• Dec 17, 2021 · 3 years ago
  BYDFi is a popular cryptocurrency exchange that also offers a tax filing app called TaxBit. It provides a seamless integration with the exchange, allowing you to import your transaction history with ease. TaxBit automatically calculates your tax liability based on your transactions and generates tax forms for you. It's a great option for BYDFi users who want a convenient way to handle their cryptocurrency taxes. However, there are also many other reliable apps available in the market that can help you with tax filing, so it's worth exploring different options to find the one that best suits your needs.
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