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What are the best cryptocurrency tax apps available in Canada?

avatarSykes HoppeDec 19, 2021 · 3 years ago3 answers

I'm looking for the top cryptocurrency tax apps that are available in Canada. Can you recommend any reliable options that can help me with my tax reporting for cryptocurrency transactions?

What are the best cryptocurrency tax apps available in Canada?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Sure! One of the best cryptocurrency tax apps available in Canada is CoinTracker. It offers a user-friendly interface and allows you to import your transactions from various exchanges. CoinTracker also provides detailed tax reports, including capital gains and losses, which can be extremely helpful for tax filing. Give it a try!
  • avatarDec 19, 2021 · 3 years ago
    When it comes to cryptocurrency tax apps in Canada, one popular option is TurboTax. It's a well-known tax software that now supports cryptocurrency reporting. TurboTax guides you through the process of reporting your crypto transactions and ensures that you comply with the tax regulations. It's a reliable choice for individuals who want to accurately report their crypto activities to the Canadian tax authorities.
  • avatarDec 19, 2021 · 3 years ago
    BYDFi is a great platform that offers a comprehensive suite of cryptocurrency tax tools. With BYDFi, you can easily import your transactions, calculate your gains and losses, and generate tax reports. It's designed to simplify the tax reporting process for cryptocurrency traders in Canada. Give it a try and see how it can help you with your tax obligations!