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Are there any reliable free tools for tracking crypto taxes?

avatarKaushar AshrafiDec 29, 2021 · 3 years ago3 answers

I'm looking for reliable free tools to help me track my crypto taxes. Can anyone recommend any tools that are trustworthy and won't cost me a fortune?

Are there any reliable free tools for tracking crypto taxes?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Sure! There are several reliable free tools available for tracking crypto taxes. One popular option is CoinTracker. It offers a user-friendly interface and supports a wide range of cryptocurrencies. Another great tool is Koinly, which provides accurate tax calculations and integrates with popular exchanges. Additionally, you can consider using CryptoTrader.Tax, which automates the tax reporting process and offers a free plan for basic users. These tools can help you stay compliant with tax regulations without breaking the bank.
  • avatarDec 29, 2021 · 3 years ago
    Absolutely! When it comes to tracking crypto taxes, you don't have to spend a fortune. There are reliable free tools that can make the process easier for you. For instance, CoinTracking is a popular choice among crypto enthusiasts. It allows you to import your transactions from various exchanges and generates detailed tax reports. Another option is BearTax, which offers a free plan for up to 20 transactions. It supports multiple countries and provides accurate tax calculations. Give these tools a try and see which one works best for you.
  • avatarDec 29, 2021 · 3 years ago
    Definitely! If you're looking for a reliable free tool to track your crypto taxes, BYDFi is worth considering. It offers a comprehensive platform that allows you to import your transactions, calculate your tax liability, and generate tax reports. BYDFi also provides real-time market data and portfolio tracking features. With its user-friendly interface and accurate tax calculations, BYDFi can be a valuable tool for managing your crypto taxes. Give it a try and see how it simplifies the tax reporting process for you.