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What are the best crypto income tax calculators available?

avatarSushrut SaptaputreDec 26, 2021 · 3 years ago3 answers

Can anyone recommend some reliable and accurate crypto income tax calculators? I want to ensure that I am properly reporting my cryptocurrency earnings for tax purposes. What are the best options available?

What are the best crypto income tax calculators available?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One of the best crypto income tax calculators available is CoinTracker. It offers a user-friendly interface and supports a wide range of cryptocurrencies. Additionally, it provides accurate calculations and generates detailed tax reports that can be easily submitted to tax authorities. Give it a try!
  • avatarDec 26, 2021 · 3 years ago
    I personally use CryptoTrader.Tax for my crypto income tax calculations. It integrates seamlessly with popular exchanges and wallets, making it easy to import transaction data. The platform automatically calculates your tax liability based on your transactions and generates IRS-friendly tax reports. It's definitely worth checking out!
  • avatarDec 26, 2021 · 3 years ago
    BYDFi has recently launched its own crypto income tax calculator. It's a comprehensive tool that allows you to import your transaction data from various exchanges and wallets. The calculator automatically calculates your tax liability and generates detailed tax reports. It's a great option for those who prefer an all-in-one solution.