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How can I downgrade my cryptocurrency tax software to a free version?

avatarSejersen MayoDec 27, 2021 · 3 years ago3 answers

I have been using a paid cryptocurrency tax software, but I want to switch to a free version. How can I downgrade my current tax software to a free version without losing any important data or functionality?

How can I downgrade my cryptocurrency tax software to a free version?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    One option to downgrade your cryptocurrency tax software to a free version is to look for open-source alternatives. There are several open-source tax software available that can help you manage your cryptocurrency taxes without any cost. You can search for these alternatives on platforms like GitHub or SourceForge. Make sure to read reviews and check the features before making a decision. Remember to backup your data before switching to a new software.
  • avatarDec 27, 2021 · 3 years ago
    If you want to downgrade your cryptocurrency tax software to a free version, you can also consider using online tax calculators. These calculators are usually free and allow you to manually input your transaction data to calculate your tax liability. While they may not have all the advanced features of paid software, they can still provide you with a basic understanding of your tax obligations. Just be cautious about the security of the online platform and make sure to double-check the calculations.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we understand that not everyone wants to pay for cryptocurrency tax software. While our platform offers advanced features and comprehensive tax reporting, we also recommend exploring free alternatives if you're looking to downgrade. Open-source software and online tax calculators can be a good starting point. However, keep in mind that free software may have limitations in terms of functionality and support. Make sure to evaluate your specific needs before making a decision.