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What is the best online version of turbotax for cryptocurrency traders?

avatarAfifa MasoodDec 16, 2021 · 3 years ago3 answers

As a cryptocurrency trader, I'm looking for the best online version of turbotax to help me with my tax filing. Can anyone recommend a reliable and user-friendly option that is specifically designed for cryptocurrency traders? I want to make sure that I accurately report my crypto transactions and take advantage of any available tax deductions or credits. Any suggestions?

What is the best online version of turbotax for cryptocurrency traders?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    As a cryptocurrency trader, I highly recommend using CoinTracker for your tax filing. It is a user-friendly online platform that specializes in cryptocurrency tax reporting. CoinTracker integrates with major exchanges and wallets, making it easy to import your transaction data. It also provides comprehensive tax calculations and generates the necessary tax forms. Give it a try!
  • avatarDec 16, 2021 · 3 years ago
    If you're looking for a more traditional option, TurboTax Premier is a popular choice among cryptocurrency traders. It offers step-by-step guidance and supports reporting of cryptocurrency transactions. TurboTax Premier also provides expert help and audit support, giving you peace of mind during the tax season.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, has recently launched its own online version of turbotax for cryptocurrency traders. It offers a seamless integration with BYDFi accounts, making it convenient for users to import their transaction data. The platform also provides personalized tax recommendations and ensures compliance with tax regulations. Give it a try and see if it meets your needs!