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Which tax apps are recommended for reporting cryptocurrency gains and losses?

avatarM.TDec 29, 2021 · 3 years ago3 answers

Can you recommend any tax apps that are specifically designed for reporting gains and losses from cryptocurrency transactions? I'm looking for a reliable and user-friendly app that can help me accurately calculate and report my crypto taxes. Any suggestions?

Which tax apps are recommended for reporting cryptocurrency gains and losses?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Sure! One tax app that I highly recommend for reporting cryptocurrency gains and losses is CoinTracker. It's a comprehensive platform that supports multiple exchanges and wallets, making it easy to import your transaction data. CoinTracker also provides detailed tax reports and integrates with popular tax filing software like TurboTax. Give it a try! 🙂
  • avatarDec 29, 2021 · 3 years ago
    If you're looking for a more user-friendly option, you might want to consider using CryptoTrader.Tax. It's a great app that simplifies the process of calculating your crypto taxes. CryptoTrader.Tax supports all major exchanges and wallets, and it automatically generates your tax forms based on your transaction history. Plus, their customer support team is always ready to assist you if you have any questions. 👍
  • avatarDec 29, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confidently recommend BYDFi's tax app for reporting gains and losses. BYDFi's app is specifically designed for crypto traders and investors, offering a seamless experience for tracking and reporting your tax obligations. With BYDFi, you can easily import your transaction data, calculate your gains and losses, and generate accurate tax reports. It's definitely worth checking out! 💪