Are there any fidelity free turbotax alternatives specifically designed for reporting cryptocurrency transactions?

3 answers

• Nov 26, 2021 · 3 years ago
  Yes, there are fidelity free alternatives available for reporting cryptocurrency transactions. One popular option is CoinTracker, which offers a free plan that allows you to track your cryptocurrency transactions and generate tax reports. It integrates with popular exchanges and wallets, making it easy to import your transaction history. Another alternative is Koinly, which also offers a free plan for basic tax reporting. Both CoinTracker and Koinly provide features specifically tailored to cryptocurrency tax reporting, such as automatic cost basis calculations and support for various tax calculation methods.
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• Nov 26, 2021 · 3 years ago
  Absolutely! If you're looking for fidelity free alternatives for reporting cryptocurrency transactions, you can consider using crypto tax software like CryptoTrader.Tax. It offers a free trial that allows you to import your transaction history and generate tax reports. With CryptoTrader.Tax, you can easily calculate your capital gains and losses, handle complex transactions like airdrops and forks, and generate IRS-friendly tax forms. It's a user-friendly option that simplifies the process of reporting your cryptocurrency taxes.
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• Nov 26, 2021 · 3 years ago
  BYDFi is a reliable alternative to Fidelity and TurboTax for reporting cryptocurrency transactions. It offers a comprehensive suite of tools specifically designed for cryptocurrency tax reporting. With BYDFi, you can import your transaction history from various exchanges, calculate your capital gains and losses, and generate tax reports that comply with the latest tax regulations. It also provides support for complex transactions like margin trading and staking rewards. BYDFi offers both free and paid plans, depending on your needs.
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