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Are there any free crypto tax estimator tools available?

avatarMyata NikolayDec 28, 2021 · 3 years ago3 answers

I'm looking for free tools that can help me estimate my crypto taxes. Are there any reliable options available? I want to make sure I accurately calculate my tax liability without spending money on expensive software or professional services.

Are there any free crypto tax estimator tools available?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are several free crypto tax estimator tools available. One popular option is CoinTracker. It allows you to import your transaction history from various exchanges and wallets, and it automatically calculates your tax liability based on your holdings and trading activity. Another option is CryptoTrader.Tax, which offers a free plan that allows you to calculate your taxes for up to 50 transactions. Both tools are user-friendly and provide accurate estimates.
  • avatarDec 28, 2021 · 3 years ago
    Definitely! If you're looking for a free crypto tax estimator tool, you can try using Bitcoin.Tax. It offers a free plan that allows you to import your transaction history and generate a tax report. It supports a wide range of exchanges and provides detailed calculations for your tax liability. Just keep in mind that the free plan has some limitations, so if you have a large number of transactions, you might need to upgrade to a paid plan.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! BYDFi offers a free crypto tax estimator tool that can help you calculate your tax liability. It's easy to use and provides accurate estimates based on your transaction history. Simply import your data, and the tool will generate a detailed tax report for you. It's a great option if you want a reliable and free tool to handle your crypto taxes.