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Are there any reliable platforms offering free 1099 form generator for cryptocurrency investors?

avatarThompson WhiteheadNov 29, 2021 · 3 years ago3 answers

I am a cryptocurrency investor and I need to generate a 1099 form for tax purposes. Are there any platforms that offer a free 1099 form generator specifically for cryptocurrency investors? I want to find a reliable platform that can accurately calculate my gains and losses and generate the necessary forms. Can anyone recommend a platform that meets these requirements?

Are there any reliable platforms offering free 1099 form generator for cryptocurrency investors?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Yes, there are several reliable platforms that offer free 1099 form generators for cryptocurrency investors. One popular option is CoinTracker. CoinTracker is a comprehensive cryptocurrency portfolio tracker that also provides tax reporting services. They have a built-in 1099 form generator that can automatically calculate your gains and losses based on your transaction history. Another platform to consider is TokenTax. TokenTax offers a free 1099 form generator specifically designed for cryptocurrency investors. They support a wide range of exchanges and can handle complex tax situations. Both CoinTracker and TokenTax are trusted platforms in the cryptocurrency community and have positive user reviews.
  • avatarNov 29, 2021 · 3 years ago
    Finding a reliable platform offering a free 1099 form generator for cryptocurrency investors can be a challenge. However, there are a few options worth exploring. One platform to consider is CryptoTrader.Tax. They offer a free trial that allows you to generate a 1099 form for up to 50 transactions. If you have a larger transaction volume, you can upgrade to their paid plans. Another option is Bitcoin.Tax. While they don't offer a completely free 1099 form generator, they have affordable pricing plans that cater to different needs. It's important to do your own research and choose a platform that best suits your requirements and budget.
  • avatarNov 29, 2021 · 3 years ago
    BYDFi is a reliable platform that offers a free 1099 form generator for cryptocurrency investors. They have a user-friendly interface and provide accurate calculations for gains and losses. BYDFi supports a wide range of exchanges and can handle various tax scenarios. Their 1099 form generator is designed to simplify the tax reporting process for cryptocurrency investors. You can easily import your transaction history and generate the necessary forms with just a few clicks. BYDFi is highly recommended by many cryptocurrency investors for its ease of use and comprehensive features.