What are the best tax software options for cryptocurrency investors in 2017?

3 answers

• Dec 29, 2021 · 3 years ago
  One of the best tax software options for cryptocurrency investors in 2017 is TurboTax. TurboTax offers a specific cryptocurrency tax section that allows you to easily import your transaction history from popular exchanges and wallets. It automatically calculates your gains and losses, and helps you maximize your deductions. With its user-friendly interface and comprehensive reporting features, TurboTax is a popular choice among cryptocurrency investors.
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• Dec 29, 2021 · 3 years ago
  If you're looking for a more advanced tax software, you might consider using CoinTracking. CoinTracking is specifically designed for cryptocurrency investors and offers a wide range of features to help you manage your tax reporting. It allows you to import your transaction history from multiple exchanges, track your portfolio performance, and generate detailed tax reports. CoinTracking also offers a tax loss harvesting feature, which can help you minimize your tax liability by strategically selling losing assets. Overall, CoinTracking is a powerful tool for serious cryptocurrency investors.
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• Dec 29, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, also offers its own tax software solution for cryptocurrency investors. With BYDFi Tax Software, you can easily import your transaction history from BYDFi and other popular exchanges. It automatically calculates your gains and losses, and generates accurate tax reports. BYDFi Tax Software is designed to handle the complexities of cryptocurrency investments and ensures that you are fully compliant with tax regulations. It also provides personalized tax advice based on your specific investment activities. If you're already using BYDFi as your preferred exchange, BYDFi Tax Software is definitely worth considering.
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