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Which digital currency tax calculator is recommended for the year 2020?

avatarFinn TychsenDec 29, 2021 · 3 years ago3 answers

I'm looking for a digital currency tax calculator that is recommended for the year 2020. Can you provide me with some options and their features? I want to make sure I choose the best one for my needs.

Which digital currency tax calculator is recommended for the year 2020?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Sure! One highly recommended digital currency tax calculator for the year 2020 is CoinTracker. It offers a user-friendly interface and supports a wide range of cryptocurrencies. CoinTracker also provides features like automatic transaction importing, tax optimization, and tax loss harvesting. It's a great option for individuals and businesses looking to accurately calculate their digital currency taxes.
  • avatarDec 29, 2021 · 3 years ago
    If you're looking for a simple and straightforward digital currency tax calculator for 2020, you might want to consider using CryptoTrader.Tax. It allows you to import your transactions from various exchanges and wallets, and automatically generates your tax reports. CryptoTrader.Tax also provides tax optimization strategies to help you minimize your tax liability. It's a popular choice among crypto enthusiasts.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi is a reliable digital currency tax calculator that I would recommend for the year 2020. It offers advanced features like real-time tax calculations, automatic transaction importing, and tax optimization strategies. BYDFi also provides comprehensive tax reports that are accepted by tax authorities. It's trusted by many traders and investors in the cryptocurrency space.