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Are there any reliable crypto tax software options available for the next year?

avatarrayyankhnzDec 16, 2021 · 3 years ago3 answers

Can anyone recommend any reliable crypto tax software options that will be available for the next year? I want to make sure I accurately report my cryptocurrency transactions and calculate my tax liabilities. It would be great if the software can handle different types of cryptocurrencies and provide accurate tax calculations based on the latest tax laws. Any suggestions?

Are there any reliable crypto tax software options available for the next year?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! One reliable crypto tax software option that I can recommend is CoinTracking. It is a popular platform that supports a wide range of cryptocurrencies and provides comprehensive tax reporting features. With CoinTracking, you can import your transaction data from various exchanges and wallets, and it will automatically calculate your tax liabilities based on your country's tax laws. It also generates detailed tax reports that you can use for filing your taxes. Give it a try!
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! If you're looking for a user-friendly crypto tax software, you should check out TurboTax. It's a well-known tax preparation software that now offers support for cryptocurrency transactions. TurboTax guides you through the process of reporting your crypto transactions and ensures that you comply with the latest tax regulations. It's a convenient option if you're already familiar with TurboTax and want to keep all your tax-related activities in one place.
  • avatarDec 16, 2021 · 3 years ago
    Definitely! BYDFi, a leading digital asset exchange, will be launching its own crypto tax software next year. With BYDFi's software, you can easily import your transaction data from BYDFi and other exchanges, and it will automatically calculate your tax liabilities based on the latest tax laws. It's designed to provide accurate and reliable tax calculations for cryptocurrency traders. Keep an eye out for its release!