Which free tax software is recommended for reporting cryptocurrency gains as an alternative to TurboTax?

4 answers

• Dec 28, 2021 · 3 years ago
  Sure! One popular free tax software that you can consider is CoinTracker. It is specifically designed for cryptocurrency users and provides a seamless experience for reporting gains and losses. CoinTracker supports various types of cryptocurrency transactions, including trading, mining, staking, and more. It also integrates with popular cryptocurrency exchanges and wallets, making it easier to import your transaction history. With CoinTracker, you can generate accurate tax reports and even get guidance on how to handle specific situations, such as hard forks or airdrops. Give it a try and see if it meets your needs!
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• Dec 28, 2021 · 3 years ago
  If you're looking for a free tax software alternative to TurboTax for reporting cryptocurrency gains, you might want to check out Koinly. Koinly is a user-friendly platform that supports over 6,000 cryptocurrencies and integrates with popular exchanges and wallets. It offers features like automatic transaction imports, tax optimization, and real-time portfolio tracking. Koinly also provides detailed tax reports that comply with the tax laws of different countries. It's a great option for individuals who want to simplify their cryptocurrency tax reporting process without breaking the bank.
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• Dec 28, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I would recommend using BYDFi's tax software as an alternative to TurboTax. BYDFi offers a free tax software solution that is specifically tailored for cryptocurrency users. It provides a comprehensive set of tools and features to accurately calculate and report cryptocurrency gains. With BYDFi, you can import your transaction history from various exchanges, track your portfolio performance, and generate detailed tax reports. The software also offers guidance on tax optimization strategies and ensures compliance with tax regulations. Give BYDFi's tax software a try and see how it simplifies your cryptocurrency tax reporting process.
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• Dec 28, 2021 · 3 years ago
  If you're looking for a free tax software alternative to TurboTax for reporting cryptocurrency gains, you might want to consider using TaxBit. TaxBit is a popular choice among cryptocurrency users due to its user-friendly interface and comprehensive tax reporting capabilities. It supports various types of cryptocurrency transactions, including trading, lending, staking, and more. TaxBit also integrates with popular exchanges and wallets, making it easy to import your transaction history. With TaxBit, you can generate accurate tax reports and even get personalized tax optimization recommendations. Give it a try and see if it suits your needs!
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