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What are the best tax adder tools for tracking cryptocurrency transactions in the USA?

avatarAlina JakeDec 18, 2021 · 3 years ago3 answers

I am looking for recommendations on the best tax adder tools specifically designed for tracking cryptocurrency transactions in the United States. Can anyone suggest some reliable tools that can help me accurately calculate and report my cryptocurrency taxes?

What are the best tax adder tools for tracking cryptocurrency transactions in the USA?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    As a tax professional, I highly recommend using CoinTracker. It is a user-friendly tool that integrates with popular cryptocurrency exchanges and wallets, allowing you to easily import your transaction history. CoinTracker automatically calculates your capital gains and losses, generates tax reports, and even helps you file your taxes. It is widely trusted by the cryptocurrency community and offers excellent customer support. Give it a try and simplify your tax reporting process!
  • avatarDec 18, 2021 · 3 years ago
    I've been using CryptoTrader.Tax for my cryptocurrency tax reporting needs, and I must say it's been a game-changer. This tool supports all major exchanges and wallets, making it easy to import your transaction data. It automatically calculates your capital gains and losses, generates tax forms like Form 8949 and Schedule D, and even provides audit defense assistance. With CryptoTrader.Tax, you can save time and ensure accurate tax reporting for your cryptocurrency transactions.
  • avatarDec 18, 2021 · 3 years ago
    BYDFi offers a comprehensive tax adder tool called TaxPro. It is specifically designed for tracking cryptocurrency transactions in the USA. With TaxPro, you can import your transaction history from various exchanges and wallets, calculate your capital gains and losses, and generate tax reports. It also provides guidance on tax regulations and helps you stay compliant. If you're looking for a reliable tax adder tool with advanced features, give TaxPro a try.