Are there any platforms or tools available to help me file 1099-B for free in the world of cryptocurrencies?

3 answers

• Dec 24, 2021 · 3 years ago
  Yes, there are several platforms and tools available that can help you file 1099-B forms for free in the world of cryptocurrencies. One popular option is CoinTracker. CoinTracker is a user-friendly platform that allows you to import your cryptocurrency transactions and generate accurate tax reports, including 1099-B forms. It supports various exchanges and wallets, making it convenient for users with multiple accounts. Additionally, CoinTracker offers a free plan that includes basic features for individuals with a limited number of transactions. Another option is TurboTax, which offers a cryptocurrency tax filing feature. TurboTax is a well-known tax preparation software that provides step-by-step guidance and ensures accurate reporting of your cryptocurrency transactions. It offers a free edition for simple tax returns, including 1099-B forms. Remember to review the features and limitations of each platform or tool before making a decision.
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• Dec 24, 2021 · 3 years ago
  Absolutely! There are platforms and tools available that can assist you in filing 1099-B forms for free in the world of cryptocurrencies. One such platform is CoinTracking. CoinTracking is a comprehensive cryptocurrency portfolio management tool that also provides tax reporting features. It allows you to import your transactions from various exchanges and wallets, and automatically generates tax reports, including 1099-B forms. CoinTracking offers a free plan with limited features, as well as premium plans for more advanced users. Another option is CryptoTrader.Tax. This platform specializes in cryptocurrency tax reporting and offers a user-friendly interface. It supports multiple exchanges and wallets, and provides accurate tax calculations. CryptoTrader.Tax offers a free trial that allows you to test its features before committing to a paid plan. Make sure to explore different platforms and tools to find the one that best suits your needs.
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• Dec 24, 2021 · 3 years ago
  Yes, there are platforms and tools available to help you file 1099-B forms for free in the world of cryptocurrencies. One such platform is BYDFi. BYDFi is a digital asset exchange that offers a range of services, including tax reporting. They have a user-friendly interface that allows you to import your cryptocurrency transactions and generate accurate tax reports, including 1099-B forms. BYDFi also provides educational resources to help users understand their tax obligations. It's important to note that while BYDFi offers free tax reporting services, they also have premium plans with additional features. Consider exploring BYDFi and other platforms to find the one that best fits your requirements.
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