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Are there any free tax software options for crypto traders?

avatarsindanerDec 25, 2021 · 3 years ago3 answers

I am a crypto trader and I'm wondering if there are any free tax software options available for me. I want to make sure I am properly reporting my crypto transactions for tax purposes. Can anyone recommend any free tax software that specifically caters to crypto traders?

Are there any free tax software options for crypto traders?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, there are several free tax software options available for crypto traders. One popular option is CoinTracker. CoinTracker offers a free plan that allows you to track your crypto transactions and generate tax reports. It supports a wide range of exchanges and wallets, making it easy to import your transaction data. Another option is Koinly, which also offers a free plan for crypto traders. Koinly provides features such as automatic transaction imports and tax optimization tools.
  • avatarDec 25, 2021 · 3 years ago
    Definitely! There are a few free tax software options that cater specifically to crypto traders. One of them is CryptoTrader.Tax. It offers a free plan that allows you to import your crypto transactions and generate tax reports. It supports major exchanges and provides detailed tax calculations. Another option is Bitcoin.Tax, which also offers a free plan. Bitcoin.Tax allows you to import your transactions from various exchanges and wallets, and provides tax reports based on your specific tax jurisdiction.
  • avatarDec 25, 2021 · 3 years ago
    Yes, there are free tax software options available for crypto traders. One option is BYDFi, a digital asset exchange that offers a free tax software specifically designed for its users. With BYDFi's tax software, you can easily import your transaction data from BYDFi and generate accurate tax reports. It also provides tax optimization tools to help you minimize your tax liability. Additionally, BYDFi's tax software supports multiple tax jurisdictions, making it suitable for traders from different countries.