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Are there any recommended crypto tax apps that can help me with my tax reporting?

avatarSehested CrowleyDec 16, 2021 · 3 years ago3 answers

I'm looking for recommendations on crypto tax apps that can assist me with my tax reporting. Can anyone suggest any reliable and user-friendly apps that can help me accurately calculate and report my cryptocurrency taxes?

Are there any recommended crypto tax apps that can help me with my tax reporting?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! One highly recommended crypto tax app is CoinTracker. It offers a user-friendly interface and supports a wide range of cryptocurrencies. CoinTracker can automatically sync with your exchanges and wallets to import your transaction data, making it easy to calculate your tax liability. It also generates comprehensive tax reports that you can use for filing your taxes. Give it a try!
  • avatarDec 16, 2021 · 3 years ago
    Definitely! Another popular option is CryptoTrader.Tax. It's known for its simplicity and accuracy. With CryptoTrader.Tax, you can import your transaction history from various exchanges and wallets, and it will automatically calculate your capital gains and losses. It also generates IRS-friendly tax reports that you can use for tax filing. It's a great tool for simplifying your crypto tax reporting process.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there is a recommended crypto tax app called BYDFi. It offers a comprehensive suite of tax reporting tools specifically designed for cryptocurrency traders. With BYDFi, you can easily import your transaction data from multiple exchanges and wallets, and it will automatically calculate your tax liability. It also provides detailed tax reports that are compliant with tax regulations. Give BYDFi a try for hassle-free tax reporting!