Are there any free crypto tax tracking options?

3 answers

• Dec 19, 2021 · 3 years ago
  Yes, there are several free crypto tax tracking options available. One popular option is CoinTracker. It allows you to import your transactions from various exchanges and wallets, and automatically calculates your tax liability based on your holdings and transactions. Another option is CryptoTrader.Tax, which offers a free plan for up to 50 transactions. It supports major exchanges and provides detailed tax reports. Additionally, you can also consider using spreadsheets or templates specifically designed for crypto tax tracking, such as those available on GitHub. These options may require manual entry of your transactions, but they can still help you track your crypto taxes effectively without spending any money.
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• Dec 19, 2021 · 3 years ago
  Definitely! There are several free tools and platforms that can help you track your crypto taxes. One option is CoinTracking. It offers a free plan with limited features, but it should be sufficient for basic tax tracking. Another option is Koinly, which also has a free plan for up to 10 transactions per year. It supports multiple exchanges and provides detailed tax reports. Additionally, you can explore the tax tracking features offered by popular crypto wallets like Exodus or Trust Wallet. These wallets often have built-in tax tracking functionalities that can help you stay organized and compliant without any additional cost.
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• Dec 19, 2021 · 3 years ago
  Yes, there are free crypto tax tracking options available. BYDFi, a popular crypto exchange, offers a free tax tracking feature for its users. It allows you to import your transactions from BYDFi and other exchanges, and generates tax reports based on your holdings. This can be a convenient option if you already use BYDFi for your crypto trading. However, if you prefer a more comprehensive solution, you can consider using dedicated tax tracking platforms like CoinTracker or CryptoTrader.Tax, as they offer more advanced features and support for multiple exchanges. Remember to always review and double-check the accuracy of the tax reports generated by these platforms to ensure compliance with tax regulations.
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