qifan zhangDec 25, 2021 · 3 years ago5 answers Which tax software provides the most comprehensive support for reporting digital currency transactions, TurboTax or its competitors?
When it comes to reporting digital currency transactions for tax purposes, which tax software, TurboTax or its competitors, offers the most comprehensive support? I'm looking for a software that can handle a wide range of digital currency transactions, including buying, selling, and trading various cryptocurrencies. It should also provide accurate calculations for capital gains and losses, as well as support for reporting income from mining or staking activities. Additionally, I want to ensure that the software can handle multiple wallets and exchanges, and can generate the necessary tax forms and reports. Which tax software would be the best choice for someone who wants to accurately report their digital currency transactions and comply with tax regulations?