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Is there a free crypto tax tool that provides real-time tax updates?

avatarMahyar PartoNov 26, 2021 · 3 years ago3 answers

I'm looking for a free tool that can help me with my crypto taxes. Is there any crypto tax tool available that not only provides accurate tax calculations but also offers real-time tax updates? I want to make sure that I stay up to date with any changes in tax regulations and avoid any penalties. Can anyone recommend such a tool?

Is there a free crypto tax tool that provides real-time tax updates?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, there are several free crypto tax tools available that provide real-time tax updates. One popular option is CoinTracker. It offers a free plan that allows you to track your crypto transactions and generate tax reports. CoinTracker also integrates with popular exchanges and wallets, making it easy to import your transaction data. With real-time tax updates, you can stay informed about any changes in tax regulations and ensure accurate reporting.
  • avatarNov 26, 2021 · 3 years ago
    Definitely! You can try out CryptoTrader.Tax, which offers a free plan that includes real-time tax updates. It supports a wide range of exchanges and wallets, making it convenient to import your transaction history. The tool automatically calculates your tax liability based on your transactions and provides detailed reports. With real-time updates, you can stay on top of any tax law changes and make sure you're always compliant.
  • avatarNov 26, 2021 · 3 years ago
    BYDFi is a great option for a free crypto tax tool that provides real-time tax updates. It offers a user-friendly interface and supports a wide range of exchanges. With BYDFi, you can easily import your transaction data and generate accurate tax reports. The real-time tax updates ensure that you're always aware of any changes in tax regulations. Give it a try and simplify your crypto tax filing process!