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Are there any tips for finding a free crypto tax reporting software?

avatarElfan NandaDec 15, 2021 · 3 years ago3 answers

Can anyone provide some tips or suggestions for finding a free crypto tax reporting software? I want to accurately report my cryptocurrency transactions for tax purposes, but I don't want to spend a lot of money on expensive software. Are there any reliable options available that are free of charge?

Are there any tips for finding a free crypto tax reporting software?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Sure! Finding a free crypto tax reporting software can be a challenge, but there are some options available. One popular choice is CoinTracking. They offer a free plan that allows you to track up to 200 transactions and generate tax reports. Another option is Koinly, which also has a free plan with limited features. Keep in mind that free software may have limitations compared to paid options, so make sure to check the features and functionality before making a decision.
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! When it comes to finding a free crypto tax reporting software, you have a few options. One recommendation is to check out the IRS website. They provide a list of approved tax software providers, some of which offer free options for cryptocurrency reporting. Additionally, you can join online communities and forums dedicated to cryptocurrency enthusiasts. They often share recommendations and experiences with different tax reporting software, including free options. Don't forget to do your own research and read reviews to ensure the software meets your specific needs.
  • avatarDec 15, 2021 · 3 years ago
    Definitely! If you're looking for a free crypto tax reporting software, I recommend checking out BYDFi. They offer a user-friendly platform that allows you to import your cryptocurrency transactions and generate tax reports. Their software is designed to simplify the tax reporting process and ensure accuracy. Plus, they have a dedicated support team that can assist you with any questions or issues you may have. Give it a try and see if it meets your requirements!