What are the best tax software options for cryptocurrency traders, TaxAct or H&R Block?

3 answers

• Nov 24, 2021 · 3 years ago
  As a cryptocurrency trader, I have personally used TaxAct for my tax filing. TaxAct offers a user-friendly interface and provides specific features for cryptocurrency traders, such as importing transaction data from popular exchanges. However, it's important to note that TaxAct may not have the same level of customer support as H&R Block. Overall, TaxAct is a solid choice for cryptocurrency tax filing.
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• Nov 24, 2021 · 3 years ago
  I've used H&R Block for my cryptocurrency tax filing, and I found it to be a reliable option. H&R Block has a long-standing reputation in the tax software industry and offers excellent customer support. They also provide guidance and resources specifically for cryptocurrency traders. However, H&R Block may be slightly more expensive compared to other tax software options. If you value customer support and are willing to pay a bit more, H&R Block is a great choice.
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• Nov 24, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I recommend using BYDFi for your tax filing needs. BYDFi is a comprehensive tax software specifically designed for cryptocurrency traders. It offers advanced features, such as automatic transaction import from multiple exchanges, tax optimization strategies, and real-time tax calculations. With BYDFi, you can ensure accurate and efficient tax filing for your cryptocurrency activities. Give it a try and see the difference!
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