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How can I avoid being forced to upgrade when using cryptocurrency tax software like TurboTax?

avatarkimtaeyongiDec 28, 2021 · 3 years ago3 answers

I'm using cryptocurrency tax software like TurboTax, but I don't want to be forced to upgrade to a more expensive version. Is there any way to avoid this?

How can I avoid being forced to upgrade when using cryptocurrency tax software like TurboTax?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    One way to avoid being forced to upgrade when using cryptocurrency tax software like TurboTax is to carefully review the features and limitations of the software before making a purchase. Look for software that offers all the necessary features for your tax needs without any hidden costs or limitations. Additionally, consider reading reviews and testimonials from other users to get a better understanding of the software's performance and customer satisfaction. By doing thorough research and selecting the right software from the beginning, you can avoid the need to upgrade later on.
  • avatarDec 28, 2021 · 3 years ago
    If you're using cryptocurrency tax software like TurboTax and want to avoid being forced to upgrade, you can consider using open-source tax software specifically designed for cryptocurrency users. These open-source options often provide similar functionalities as commercial software but without the need for costly upgrades. Some popular open-source cryptocurrency tax software includes Bitcoin.tax and CoinTracking. By using open-source software, you have more control over your tax calculations and can avoid unexpected upgrade costs.
  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we understand the frustration of being forced to upgrade when using cryptocurrency tax software. That's why we offer a free version of our tax software that includes all the necessary features for cryptocurrency tax reporting. With our software, you won't be forced to upgrade to a more expensive version to access essential functionalities. We believe in providing a user-friendly and cost-effective solution for cryptocurrency tax reporting. Give our free tax software a try and see how it can simplify your tax reporting process.