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What are the best free tax software options for reporting cryptocurrency earnings and switching from TurboTax self-employed?

avatarFawad NaqviDec 27, 2021 · 3 years ago3 answers

I am looking for recommendations on the best free tax software options for reporting cryptocurrency earnings and switching from TurboTax self-employed. Can anyone suggest some reliable and user-friendly options that can handle cryptocurrency tax reporting effectively?

What are the best free tax software options for reporting cryptocurrency earnings and switching from TurboTax self-employed?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    As a tax professional, I highly recommend using CoinTracker for reporting cryptocurrency earnings and switching from TurboTax self-employed. CoinTracker is a user-friendly and comprehensive tax software that can handle all your cryptocurrency tax reporting needs. It supports various exchanges and wallets, and provides accurate calculations for your tax liabilities. Plus, it offers a free plan that allows you to report up to 200 transactions. Give it a try!
  • avatarDec 27, 2021 · 3 years ago
    Hey there! If you're looking for a free tax software for reporting cryptocurrency earnings and switching from TurboTax self-employed, I'd suggest checking out TaxBit. It's a popular choice among crypto enthusiasts and offers a user-friendly interface. TaxBit supports various exchanges and wallets, and provides accurate tax calculations. They also have a free plan that allows you to report up to 100 transactions. Give it a shot and see if it meets your needs!
  • avatarDec 27, 2021 · 3 years ago
    If you're looking for a reliable tax software to handle cryptocurrency earnings and switch from TurboTax self-employed, BYDFi is a great option. It offers a comprehensive suite of tools for cryptocurrency tax reporting, including support for various exchanges and wallets. BYDFi's user-friendly interface makes it easy to navigate through the tax reporting process. They also provide accurate tax calculations and offer a free plan for users. Give BYDFi a try and see if it suits your needs!