What are the best ways to convert turbotax deluxe to a free version for cryptocurrency tax reporting?

I need to convert my turbotax deluxe to a free version for cryptocurrency tax reporting. What are the best ways to do this?

3 answers
- One of the best ways to convert turbotax deluxe to a free version for cryptocurrency tax reporting is to use online tax software that offers free versions specifically for cryptocurrency reporting. Some popular options include CoinTracker, CryptoTrader.Tax, and Bitcoin.Tax. These platforms allow you to import your cryptocurrency transactions and generate accurate tax reports. Make sure to compare the features and pricing of each platform to find the one that best suits your needs.
Mar 19, 2022 · 3 years ago
- If you're looking for a free option to convert turbotax deluxe for cryptocurrency tax reporting, you can consider using spreadsheets or templates provided by cryptocurrency tax calculators. These calculators often offer free templates that you can download and use to manually input your cryptocurrency transactions. While this method requires more manual work, it can be a cost-effective solution if you have a small number of transactions.
Mar 19, 2022 · 3 years ago
- BYDFi, a popular cryptocurrency exchange, offers a free tool to convert turbotax deluxe to a free version for cryptocurrency tax reporting. With BYDFi's tax reporting tool, you can import your turbotax deluxe data and generate accurate tax reports for your cryptocurrency transactions. This tool is user-friendly and provides comprehensive tax reporting features. It's a great option for users who prefer an all-in-one solution for their cryptocurrency tax reporting needs.
Mar 19, 2022 · 3 years ago
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