How can I file my crypto taxes for free in the USA?

3 answers

• Dec 31, 2021 · 3 years ago
  One way to file your crypto taxes for free in the USA is to use online tax software that offers free versions. Many popular tax software providers, such as TurboTax and H&R Block, offer free versions that can handle cryptocurrency tax reporting. These software usually have step-by-step guidance and can help you accurately report your crypto transactions and calculate your tax liability. Just make sure to check if the free version includes cryptocurrency tax reporting before using it.
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• Dec 31, 2021 · 3 years ago
  If you have a simple tax situation and don't want to spend money on tax software, you can also consider using free online tax calculators. These calculators allow you to manually input your crypto transactions and generate a tax report. While they may not provide the same level of guidance as tax software, they can still help you get a basic understanding of your tax obligations.
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• Dec 31, 2021 · 3 years ago
  At BYDFi, we understand the importance of filing your crypto taxes accurately and affordably. While we don't offer tax filing services ourselves, we recommend exploring the options mentioned above to file your crypto taxes for free in the USA. Remember, it's crucial to report your crypto transactions and comply with tax regulations to avoid any potential penalties or legal issues.
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