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Are there any free alternatives to TurboTax for cryptocurrency tax filing?

avatarPh.taiNov 29, 2021 · 3 years ago3 answers

I'm looking for free alternatives to TurboTax for filing cryptocurrency taxes. Are there any reliable options available that can help me with cryptocurrency tax filing without any cost?

Are there any free alternatives to TurboTax for cryptocurrency tax filing?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Yes, there are several free alternatives to TurboTax for cryptocurrency tax filing. One popular option is CoinTracker. CoinTracker is a user-friendly platform that allows you to import your cryptocurrency transactions and generate accurate tax reports. It supports various tax calculation methods and provides detailed reports that can be easily shared with your tax professional. Another free option is Koinly, which offers similar features and supports multiple exchanges and wallets. Both CoinTracker and Koinly have positive user reviews and are trusted by many cryptocurrency enthusiasts.
  • avatarNov 29, 2021 · 3 years ago
    Absolutely! If you're looking for a free alternative to TurboTax for cryptocurrency tax filing, you can consider using CryptoTrader.Tax. This platform allows you to import your cryptocurrency transactions from various exchanges and wallets, and automatically generates your tax forms. It supports different tax calculation methods and provides detailed reports that can be easily downloaded or shared with your tax advisor. CryptoTrader.Tax is known for its user-friendly interface and accurate tax calculations. Give it a try!
  • avatarNov 29, 2021 · 3 years ago
    Yes, there are free alternatives to TurboTax for cryptocurrency tax filing. One such option is BYDFi Tax. BYDFi Tax is a comprehensive tax filing platform specifically designed for cryptocurrency traders. It offers a free plan that allows you to import your transactions, calculate your tax liability, and generate tax forms. BYDFi Tax supports multiple exchanges and wallets, and provides detailed reports that can be easily shared with your tax professional. It's a great option for those who want a free and reliable solution for cryptocurrency tax filing.