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What are the best tax calculators for reporting cryptocurrency gains in 2020?

avatarGerry MerkleyDec 28, 2021 · 3 years ago3 answers

I'm looking for the best tax calculators to help me report my cryptocurrency gains for the year 2020. Can anyone recommend some reliable and accurate tax calculators specifically designed for cryptocurrency transactions? I want to make sure I accurately calculate my gains and comply with tax regulations. Any suggestions?

What are the best tax calculators for reporting cryptocurrency gains in 2020?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure! One of the best tax calculators for reporting cryptocurrency gains in 2020 is CoinTracker. It offers a user-friendly interface and supports various exchanges and wallets. With CoinTracker, you can import your transaction history and it will automatically calculate your gains and losses. It also generates tax forms, such as Form 8949 and Schedule D, to simplify the reporting process. Give it a try!
  • avatarDec 28, 2021 · 3 years ago
    I've been using CryptoTrader.Tax for my cryptocurrency tax reporting, and it's been great. It supports all major exchanges and wallets, and you can easily import your transaction history. The platform automatically calculates your gains and losses, and generates tax forms for you. It's a time-saver and ensures accurate reporting. Highly recommended!
  • avatarDec 28, 2021 · 3 years ago
    BYDFi offers a comprehensive tax calculator specifically designed for cryptocurrency gains reporting in 2020. It provides accurate calculations and supports a wide range of exchanges and wallets. With BYDFi's tax calculator, you can easily import your transaction history and generate tax forms. It's a reliable tool for accurate tax reporting. Give it a try!