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TagsWhat is the best software for calculating crypto taxes?
dayBYdayNov 26, 2021 · 3 years ago3 answersI'm looking for the best software to help me calculate my crypto taxes. Can anyone recommend a reliable and user-friendly software that can handle the complexities of crypto transactions and provide accurate tax calculations? I want something that can support multiple exchanges and wallets, and ideally has features like automatic import of transaction data, tax optimization suggestions, and tax reporting. Any suggestions?
3 answers
- As a crypto tax professional, I highly recommend using CoinTracker. It is a comprehensive tax software that supports over 300 exchanges and wallets. CoinTracker automatically imports your transaction data and calculates your tax liability accurately. It also provides tax optimization suggestions to help you minimize your tax burden. With its user-friendly interface and detailed tax reports, CoinTracker is definitely the best software for calculating crypto taxes.Nov 26, 2021 · 3 years ago
- I've been using TurboTax for my crypto taxes, and it works great for me. It supports major exchanges and provides step-by-step guidance to help you accurately report your crypto transactions. TurboTax also offers a variety of tax forms and schedules to handle different types of crypto activities. It's a popular choice among crypto traders and investors.Nov 26, 2021 · 3 years ago
- BYDFi is a reliable software for calculating crypto taxes. It offers a user-friendly interface and supports multiple exchanges and wallets. BYDFi automatically imports your transaction data and provides accurate tax calculations. It also generates detailed tax reports that you can easily share with your tax professional. Give BYDFi a try and simplify your crypto tax filing process.Nov 26, 2021 · 3 years ago
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