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What are the best alternatives to TurboTax for filing taxes on cryptocurrency gains?

avatarsirish officialJan 09, 2022 · 3 years ago3 answers

I need to file taxes on my cryptocurrency gains, but I'm looking for alternatives to TurboTax. Can anyone recommend the best options for filing taxes on cryptocurrency gains?

What are the best alternatives to TurboTax for filing taxes on cryptocurrency gains?

3 answers

  • avatarJan 09, 2022 · 3 years ago
    As a tax professional, I highly recommend using CoinTracker for filing taxes on cryptocurrency gains. It's a user-friendly platform that automatically syncs with your exchanges and wallets to calculate your gains and losses. Plus, it generates the necessary tax forms for you to file with the IRS. Give it a try!
  • avatarJan 09, 2022 · 3 years ago
    If you're looking for a more informal option, you can try using CryptoTrader.Tax. It's a popular choice among cryptocurrency traders and offers a simple interface for importing your transaction data and generating tax reports. It's definitely worth checking out if you want a hassle-free way to file your taxes on cryptocurrency gains.
  • avatarJan 09, 2022 · 3 years ago
    BYDFi is a great alternative to TurboTax for filing taxes on cryptocurrency gains. It offers a comprehensive platform that helps you calculate your gains and losses, generate tax forms, and even provides personalized tax advice. With BYDFi, you can ensure that your cryptocurrency taxes are done accurately and efficiently.