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What is the best free crypto tax tool available?

avatarjamshad aliDec 14, 2021 · 3 years ago3 answers

Can anyone recommend a reliable and user-friendly crypto tax tool that is available for free? I need a tool that can accurately calculate my tax liabilities for my cryptocurrency investments. It would be great if the tool supports multiple exchanges and provides detailed reports for tax filing purposes. Any suggestions?

What is the best free crypto tax tool available?

3 answers

  • avatarDec 14, 2021 · 3 years ago
    Sure, I can recommend a few free crypto tax tools that you can consider. One popular option is CoinTracker. It is a user-friendly tool that supports multiple exchanges and provides detailed tax reports. Another option is Koinly, which offers a free plan with basic features. If you're looking for a more comprehensive tool, you can try CryptoTrader.Tax. It offers a free trial and allows you to import your transactions from various exchanges. Remember to review the features and choose the one that best suits your needs.
  • avatarDec 14, 2021 · 3 years ago
    I've got you covered! When it comes to free crypto tax tools, you have a few good options. CoinTracker is a reliable choice that offers a free plan with essential features. It supports major exchanges and provides accurate tax calculations. Another tool worth considering is Koinly. It has a user-friendly interface and can handle complex tax scenarios. Lastly, you might want to check out BearTax. It offers a free plan for up to 20 transactions and can generate tax reports for multiple countries. Give these tools a try and see which one works best for you!
  • avatarDec 14, 2021 · 3 years ago
    As an expert in the crypto industry, I would recommend using BYDFi's free crypto tax tool. It is a comprehensive tool that supports multiple exchanges and provides accurate tax calculations. With BYDFi, you can easily import your transactions and generate detailed tax reports. It also offers additional features like portfolio tracking and tax planning. Give it a try and see how it simplifies your tax filing process!