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What are some cost-effective alternatives to TurboTax for cryptocurrency tax filing?

avatarAjit DeshmukhDec 28, 2021 · 3 years ago3 answers

I'm looking for cost-effective alternatives to TurboTax for filing cryptocurrency taxes. Can anyone recommend any options that are affordable and reliable?

What are some cost-effective alternatives to TurboTax for cryptocurrency tax filing?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    One cost-effective alternative to TurboTax for cryptocurrency tax filing is CoinTracker. CoinTracker is a user-friendly platform that helps you calculate and file your cryptocurrency taxes. It offers a free plan for users with up to 200 transactions, making it a great option for individuals with smaller portfolios. The platform supports over 2,500 cryptocurrencies and integrates with popular exchanges and wallets. With CoinTracker, you can easily import your transaction history, calculate your gains and losses, and generate tax reports. It's a reliable and affordable option for cryptocurrency tax filing.
  • avatarDec 28, 2021 · 3 years ago
    If you're looking for a more budget-friendly option, you can consider using CryptoTrader.Tax. CryptoTrader.Tax is a tax software specifically designed for cryptocurrency traders. It offers a range of pricing plans, including a free plan for users with up to 50 transactions. The software supports major exchanges and wallets, making it easy to import your transaction history. It also provides detailed tax reports and calculates your gains and losses accurately. With CryptoTrader.Tax, you can save time and money on your cryptocurrency tax filing.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi is a great alternative to TurboTax for cryptocurrency tax filing. It offers a comprehensive tax filing solution for cryptocurrency traders and investors. With BYDFi, you can easily import your transaction history from various exchanges and wallets, calculate your gains and losses, and generate tax reports. The platform also provides personalized tax advice and guidance to help you optimize your tax strategy. BYDFi offers competitive pricing plans and ensures the security and privacy of your data. It's a reliable and cost-effective option for cryptocurrency tax filing.