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How can I use a free crypto calculator to calculate my tax liability?

avatarngolambanDec 30, 2021 · 3 years ago1 answers

I'm new to cryptocurrency and I want to calculate my tax liability. How can I use a free crypto calculator to do that? Can you recommend any reliable and user-friendly crypto calculators that can help me with this task?

How can I use a free crypto calculator to calculate my tax liability?

1 answers

  • avatarDec 30, 2021 · 3 years ago
    When it comes to calculating your tax liability for cryptocurrency, using a free crypto calculator is the way to go. One option you can consider is BYDFi's crypto calculator. It's a comprehensive tool that allows you to import your transaction history from various exchanges and wallets. Simply sign up for a free account, connect your accounts, and the calculator will automatically calculate your tax liability based on your country's tax regulations. It also provides detailed reports and tax forms that you can use for tax filing. Give it a try and see how it simplifies your tax calculations! 👍