Are there any free crypto tax companies available?
Thurston RasmussenNov 29, 2021 · 3 years ago5 answers
I'm looking for a crypto tax company that offers free services. Are there any options available? I want to ensure that I am accurately reporting my cryptocurrency transactions for tax purposes, but I don't want to pay for a service if there are free alternatives. Can anyone recommend a free crypto tax company?
5 answers
- Nov 29, 2021 · 3 years agoYes, there are a few free crypto tax companies available. One option is CoinTracker. They offer a free plan that allows you to track up to 200 transactions. Another option is Koinly, which also has a free plan with limited features. Keep in mind that these free plans may have limitations compared to their paid counterparts, so make sure to review the features before making a decision.
- Nov 29, 2021 · 3 years agoAbsolutely! If you're looking for a free crypto tax company, you can check out TaxBit. They offer a free version of their software that supports up to 100 transactions. It's a great option if you have a small number of transactions to report. Just keep in mind that if you have a large volume of transactions or complex tax situations, you may need to consider a paid service for more robust features and support.
- Nov 29, 2021 · 3 years agoYes, there are free options available for crypto tax services. BYDFi, a popular crypto exchange, offers a free tax reporting tool for its users. It allows you to import your transaction history and generate tax reports. However, keep in mind that this tool is specific to BYDFi and may not be suitable if you have transactions on other exchanges. It's always a good idea to explore multiple options and choose the one that best fits your needs.
- Nov 29, 2021 · 3 years agoDefinitely! There are a few free crypto tax companies you can consider. For example, you can try out BearTax, which offers a free plan for up to 20 transactions. It's a user-friendly platform that helps you calculate your crypto taxes accurately. Another option is CryptoTrader.Tax, which has a free plan for up to 50 transactions. These free plans can be a good starting point if you have a small number of transactions and want to get a basic understanding of your tax obligations.
- Nov 29, 2021 · 3 years agoYes, there are free crypto tax companies available. One option is CoinTracking. They offer a free plan that allows you to track up to 200 transactions and generate tax reports. Another option is Accointing, which has a free plan with limited features. These free plans can be a good choice if you have a small number of transactions and want to get started with crypto tax reporting without any upfront costs.
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