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Which tax app is recommended for calculating taxes on crypto investments?

avatarGlud McCulloughDec 24, 2021 · 3 years ago3 answers

I am looking for a tax app that can help me calculate taxes on my crypto investments. Can anyone recommend a good tax app for this purpose? I want something that is accurate, easy to use, and can handle the complexities of crypto taxes. Any suggestions?

Which tax app is recommended for calculating taxes on crypto investments?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    One tax app that I highly recommend for calculating taxes on crypto investments is CoinTracker. It is a user-friendly app that can automatically sync with your crypto exchanges and wallets to track your transactions and calculate your tax liabilities. It supports a wide range of cryptocurrencies and provides detailed tax reports that you can use for filing your taxes. Give it a try!
  • avatarDec 24, 2021 · 3 years ago
    When it comes to calculating taxes on crypto investments, one popular tax app that many people use is TurboTax. It is a well-known tax software that offers a crypto tax calculation feature. With TurboTax, you can import your crypto transactions and the app will automatically calculate your tax liabilities based on the latest tax laws. It is a reliable option for individuals who want a comprehensive tax solution for their crypto investments.
  • avatarDec 24, 2021 · 3 years ago
    BYDFi offers a tax app called TaxBit that is specifically designed for calculating taxes on crypto investments. It is a comprehensive tax software that can handle the complexities of crypto taxes, including tracking your transactions, calculating your gains and losses, and generating tax reports. TaxBit integrates with popular crypto exchanges and wallets, making it easy to import your transaction data. It is a great option for individuals who want a seamless and efficient way to calculate their crypto taxes.