What are the best cryptocurrency tax apps for 2021?

7 answers

• Dec 18, 2021 · 3 years ago
  Sure! One of the top cryptocurrency tax apps for 2021 is CoinTracker. It offers a user-friendly interface and supports a wide range of cryptocurrencies. CoinTracker can automatically sync with your exchanges and wallets to track your transactions and generate accurate tax reports. It also provides features like cost basis tracking and tax loss harvesting. Give it a try!
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• Dec 18, 2021 · 3 years ago
  If you're looking for a more comprehensive solution, you might want to consider using TurboTax. While not specifically designed for cryptocurrencies, TurboTax has integrated support for reporting cryptocurrency transactions. It can import your transaction data from popular exchanges and guide you through the process of reporting your crypto taxes. TurboTax is widely used and trusted for tax filing, so it's worth checking out.
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• Dec 18, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, also offers a tax app called TaxBit. TaxBit is designed to simplify the process of calculating and reporting cryptocurrency taxes. It integrates with various exchanges and wallets, allowing you to import your transaction data easily. TaxBit provides detailed tax reports and supports a wide range of tax scenarios. It's definitely worth considering if you're using BYDFi as your primary exchange.
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• Dec 18, 2021 · 3 years ago
  Another great option is CryptoTrader.Tax. It's a user-friendly tax app that supports multiple exchanges and wallets. CryptoTrader.Tax can automatically import your transaction data and generate tax reports in a matter of minutes. It also provides features like tax loss harvesting and tax optimization. Give it a try if you want a hassle-free way to handle your cryptocurrency taxes.
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• Dec 18, 2021 · 3 years ago
  If you prefer a free option, you can check out CoinTracking. It's a popular cryptocurrency portfolio tracker that also offers tax reporting features. CoinTracking supports a wide range of exchanges and provides detailed tax reports. While the free version has some limitations, it can still be a useful tool for calculating your cryptocurrency taxes.
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• Dec 18, 2021 · 3 years ago
  For those who prefer a mobile app, you might want to consider using Accointing. It's a cryptocurrency portfolio tracker and tax app available for both iOS and Android. Accointing supports multiple exchanges and wallets, and it can automatically import your transaction data. It provides detailed tax reports and even offers a tax optimizer feature. Give it a try if you want to manage your cryptocurrency taxes on the go.
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• Dec 18, 2021 · 3 years ago
  If you're a frequent user of Binance, you can use Binance's own tax reporting tool. It's a convenient option for Binance users as it can directly import your transaction data from the exchange. The tool provides detailed tax reports and supports various tax scenarios. Keep in mind that it's specific to Binance, so if you use other exchanges as well, you might need to consider a more comprehensive tax app.
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