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What are the best tax software options for reporting cryptocurrency gains in 2018?

avatarPranali PadalkarDec 18, 2021 · 3 years ago8 answers

I am looking for the best tax software options to report my cryptocurrency gains in 2018. Can anyone recommend some reliable and user-friendly tax software specifically designed for cryptocurrency traders? I want to ensure that I accurately report my gains and comply with the tax regulations. Any suggestions?

What are the best tax software options for reporting cryptocurrency gains in 2018?

8 answers

  • avatarDec 18, 2021 · 3 years ago
    As a Google SEO expert, I can recommend using TurboTax as one of the best tax software options for reporting cryptocurrency gains in 2018. TurboTax is a popular and trusted tax software that offers a specific section for cryptocurrency reporting. It provides step-by-step guidance and ensures accurate calculations. Additionally, TurboTax has a user-friendly interface and offers excellent customer support to assist you with any questions or concerns.
  • avatarDec 18, 2021 · 3 years ago
    Well, if you're looking for the best tax software options for reporting cryptocurrency gains in 2018, I'd say you should definitely check out CoinTracking. It's a comprehensive cryptocurrency portfolio management and tax reporting platform. CoinTracking supports over 6,000 cryptocurrencies and provides detailed reports for tax purposes. It even offers automatic import of transactions from various exchanges, making the reporting process much easier.
  • avatarDec 18, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, also offers its own tax software for reporting cryptocurrency gains in 2018. Their tax software is specifically designed for BYDFi users and provides seamless integration with the exchange. It offers accurate calculations and ensures compliance with tax regulations. If you're a BYDFi user, their tax software can be a convenient option for reporting your cryptocurrency gains.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to tax software options for reporting cryptocurrency gains in 2018, you can't go wrong with TaxAct. It's a reliable and affordable tax software that offers a dedicated section for cryptocurrency reporting. TaxAct provides easy-to-follow instructions and ensures accurate calculations. It also offers excellent customer support to assist you throughout the tax reporting process.
  • avatarDec 18, 2021 · 3 years ago
    If you're looking for a user-friendly tax software option for reporting cryptocurrency gains in 2018, give CryptoTrader.Tax a try. It's a simple and intuitive platform that supports various cryptocurrencies and provides detailed tax reports. CryptoTrader.Tax offers automatic import of transactions from popular exchanges and ensures accurate calculations. It's a great choice for both beginner and experienced cryptocurrency traders.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to tax software options for reporting cryptocurrency gains in 2018, I highly recommend using CoinTracker. It's a comprehensive tax reporting platform that supports multiple exchanges and wallets. CoinTracker offers easy import of transactions, accurate calculations, and detailed tax reports. It's a reliable choice for accurately reporting your cryptocurrency gains.
  • avatarDec 18, 2021 · 3 years ago
    For those who prefer a more hands-on approach, using spreadsheets can be a viable option for reporting cryptocurrency gains in 2018. By manually tracking your transactions and calculating your gains, you have full control over the process. However, this method requires more time and effort compared to using dedicated tax software.
  • avatarDec 18, 2021 · 3 years ago
    If you're looking for a free tax software option for reporting cryptocurrency gains in 2018, consider using Bitcoin.Tax. It's a popular choice among cryptocurrency traders and offers a free plan with limited features. Bitcoin.Tax supports various exchanges and provides accurate tax calculations. However, keep in mind that the free plan may have limitations, so make sure to check the features before choosing this option.