Are there any tools or software available for crypto tax preparation?

3 answers

• Nov 24, 2021 · 3 years ago
  Sure! There are several tools and software available for crypto tax preparation. One popular option is CoinTracking. It allows you to import your transactions from various exchanges and wallets, and automatically calculates your tax liabilities based on your country's tax laws. Another option is CryptoTrader.Tax, which offers similar features and supports multiple tax calculation methods. Both tools can save you a lot of time and effort in preparing your crypto taxes.
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• Nov 24, 2021 · 3 years ago
  Absolutely! If you're looking for a user-friendly tool, I highly recommend using TurboTax. They have a specific section for cryptocurrency taxes, where you can import your transactions and they will guide you through the process step by step. It's a great option for beginners or those who prefer a more simplified approach to tax preparation.
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• Nov 24, 2021 · 3 years ago
  Yes, there are tools and software available for crypto tax preparation. One such tool is BYDFi Tax Assistant. It offers a comprehensive solution for calculating your crypto tax liabilities. With its intuitive interface and advanced algorithms, it can accurately analyze your transactions and generate detailed tax reports. BYDFi Tax Assistant also provides real-time updates on tax regulations and offers personalized tax planning advice. It's definitely worth checking out if you want a reliable and efficient tool for crypto tax preparation.
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