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What are the best cryptocurrency tax software alternatives to TurboTax Deluxe?

avatarJiteshOnlineDec 30, 2021 · 3 years ago3 answers

I'm looking for recommendations on the best cryptocurrency tax software alternatives to TurboTax Deluxe. Can anyone suggest some reliable options that can handle the complexities of reporting cryptocurrency transactions?

What are the best cryptocurrency tax software alternatives to TurboTax Deluxe?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    As a cryptocurrency enthusiast, I've tried a few tax software options and I highly recommend CoinTracking. It's a comprehensive platform that supports various exchanges and wallets, making it easy to import your transaction history. CoinTracking also offers features like tax reporting, capital gains calculations, and even a portfolio tracker. Give it a try, you won't be disappointed! 😄
  • avatarDec 30, 2021 · 3 years ago
    If you're looking for a user-friendly tax software alternative, I suggest checking out CryptoTrader.Tax. It's designed specifically for cryptocurrency traders and investors, offering an intuitive interface and step-by-step guidance. CryptoTrader.Tax supports major exchanges and provides accurate tax reports that you can easily import into TurboTax or other tax filing software. It's a great option for simplifying your crypto tax reporting process. 👍
  • avatarDec 30, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that also provides tax software alternatives to TurboTax Deluxe. Their tax software is designed to handle the complexities of cryptocurrency transactions and offers features like automated tax calculations, real-time tax estimates, and seamless integration with popular tax filing platforms. If you're already using BYDFi for trading, their tax software can be a convenient option for managing your crypto taxes. Just make sure to consult with a tax professional to ensure compliance with your local tax laws. 📊