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How can I use crypto tax software to calculate my gains from Reddit trades?

avatarSavage MadsenDec 18, 2021 · 3 years ago1 answers

I'm new to cryptocurrency trading and I've been using Reddit to make trades. I want to calculate my gains for tax purposes, but I'm not sure how to do it. Can someone explain how I can use crypto tax software to calculate my gains from Reddit trades?

How can I use crypto tax software to calculate my gains from Reddit trades?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    Using crypto tax software to calculate gains from Reddit trades is a smart move. First, find a reliable software that supports Reddit trades. Once you've chosen one, connect your Reddit account to the software. This will allow the software to access your trade history. The software will then analyze your trades, taking into account the prices at the time of each trade, as well as any fees or commissions you paid. After the analysis, the software will generate a detailed report of your gains. Make sure to review the report carefully and ensure all the information is accurate. With the report in hand, you'll be well-prepared for tax season.