Which tax software offers the best pricing options for digital currency traders?

3 answers

• Nov 28, 2021 · 3 years ago
  One tax software that offers competitive pricing options for digital currency traders is TurboTax. They have a specific package called TurboTax Premier that is designed for investors and cryptocurrency traders. It provides step-by-step guidance for reporting cryptocurrency transactions and calculates your tax liability accurately. The pricing for TurboTax Premier starts at $79.99, which is quite affordable compared to other tax software options. Additionally, TurboTax offers a user-friendly interface and excellent customer support, making it a popular choice among digital currency traders.
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• Nov 28, 2021 · 3 years ago
  If you're looking for a more cost-effective option, you can consider using CoinTracker. CoinTracker is a cryptocurrency portfolio and tax manager that offers a free plan for users with up to 200 transactions. For traders with higher transaction volumes, they offer paid plans starting at $49 per year. CoinTracker integrates with popular cryptocurrency exchanges and wallets, making it easy to import your transaction data. It also provides comprehensive tax reports and supports various tax calculation methods, including FIFO, LIFO, and specific identification. Overall, CoinTracker is a budget-friendly tax software option for digital currency traders.
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• Nov 28, 2021 · 3 years ago
  BYDFi, a digital currency exchange, also offers tax software for its users. Their tax software is specifically tailored to the needs of digital currency traders and provides accurate tax calculations. While I cannot provide specific pricing information here, you can visit BYDFi's website for more details on their tax software pricing options. It's worth considering if you are already a BYDFi user and prefer an all-in-one solution for your trading and tax reporting needs.
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