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What are the best tax apps for self-employed individuals in the cryptocurrency industry?

avatarF1357Dec 26, 2021 · 3 years ago3 answers

As a self-employed individual in the cryptocurrency industry, I am looking for the best tax apps to help me manage my taxes. Can you recommend any tax apps that are specifically designed for individuals like me? I want to ensure that I am accurately reporting my income and expenses while taking advantage of any tax deductions or credits that may be available to me. Any suggestions?

What are the best tax apps for self-employed individuals in the cryptocurrency industry?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! When it comes to tax apps for self-employed individuals in the cryptocurrency industry, one of the top recommendations is TurboTax Self-Employed. This app is specifically designed for freelancers, independent contractors, and small business owners, making it a great choice for those in the cryptocurrency industry. TurboTax Self-Employed offers features such as expense tracking, mileage tracking, and the ability to import your cryptocurrency transactions. It also provides guidance on tax deductions and credits that are relevant to self-employed individuals. Give it a try and see how it can simplify your tax filing process!
  • avatarDec 26, 2021 · 3 years ago
    Hey there! If you're a self-employed individual in the cryptocurrency industry, you might want to check out TaxBit. It's a tax app that specializes in crypto tax reporting. With TaxBit, you can easily import your cryptocurrency transactions from various exchanges and wallets, and it automatically calculates your gains and losses. It also generates the necessary tax forms, such as Schedule C and Form 8949. The app is user-friendly and provides detailed reports to help you understand your tax obligations. Give it a shot and see if it meets your needs!
  • avatarDec 26, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I would recommend using BYDFi's tax app for self-employed individuals. It offers a comprehensive suite of features tailored specifically for those in the cryptocurrency industry. With BYDFi's tax app, you can easily track your income, expenses, and transactions, ensuring accurate tax reporting. It also provides real-time tax calculations and generates the necessary tax forms. Additionally, the app offers tax planning tools to help you optimize your tax strategy. Give it a try and experience the benefits of using a tax app designed by industry professionals!