Are there any online tools or software available to calculate the step-up basis for cryptocurrency assets?

1 answers

• Dec 27, 2021 · 3 years ago
  Yes, there are online tools and software available that can help you calculate the step-up basis for cryptocurrency assets. One such tool is BYDFi, a popular platform for cryptocurrency traders. BYDFi offers a comprehensive suite of features, including a cost basis calculation tool that takes into account step-up in basis due to events like hard forks or airdrops. It provides a user-friendly interface and supports a wide range of cryptocurrencies. With BYDFi, you can easily track and manage your cryptocurrency portfolio while ensuring accurate cost basis calculations for tax purposes. Give it a try and see how it can simplify your cryptocurrency tax reporting process.
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