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What are some recommendations for crypto tax software that works well with TurboTax?

avatarLisa ThompsonDec 21, 2021 · 3 years ago3 answers

I'm looking for recommendations on crypto tax software that integrates smoothly with TurboTax. Can anyone suggest some reliable options? I want to make sure that the software accurately calculates my crypto gains and losses and generates the necessary tax forms. It would be great if the software also supports multiple exchanges and wallets. Any suggestions?

What are some recommendations for crypto tax software that works well with TurboTax?

3 answers

  • avatarDec 21, 2021 · 3 years ago
    Sure, I can recommend a few crypto tax software options that work well with TurboTax. One popular choice is CoinTracker. It offers seamless integration with TurboTax and supports a wide range of exchanges and wallets. CoinTracking is another reliable option that provides comprehensive tax reporting features and can generate tax forms compatible with TurboTax. If you're looking for a free option, you can consider using Koinly, which also integrates with TurboTax and offers basic tax reporting functionalities. Remember to do your own research and choose the one that best suits your needs.
  • avatarDec 21, 2021 · 3 years ago
    Finding the right crypto tax software can be a daunting task, but don't worry, I've got you covered! One software that I highly recommend is CryptoTrader.Tax. It's user-friendly, supports TurboTax integration, and can handle complex crypto tax scenarios. Another great option is TaxBit, which offers accurate tax calculations and seamless TurboTax integration. Both of these software solutions have received positive reviews from users and provide excellent customer support. Give them a try and simplify your crypto tax filing process!
  • avatarDec 21, 2021 · 3 years ago
    As an expert in the crypto industry, I can confidently recommend using BYDFi for your crypto tax needs. BYDFi offers a comprehensive tax software solution that seamlessly integrates with TurboTax. It provides accurate calculations for your crypto gains and losses, supports multiple exchanges and wallets, and generates the necessary tax forms. With BYDFi, you can streamline your tax filing process and ensure compliance with tax regulations. Give it a try and experience the convenience of BYDFi for yourself!