What are the best alternatives to TurboTax for cryptocurrency investors?

3 answers

• Dec 30, 2021 · 3 years ago
  One of the best alternatives to TurboTax for cryptocurrency investors is CoinTracker. It is a user-friendly platform that allows you to import your transactions from various exchanges and wallets, calculate your gains and losses, and generate tax reports. CoinTracker supports a wide range of cryptocurrencies and integrates with popular tax filing software like TurboTax and TaxAct. Give it a try and simplify your crypto tax reporting process!
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• Dec 30, 2021 · 3 years ago
  If you're looking for a more advanced solution, you might consider using TokenTax. It offers comprehensive tax reporting features specifically tailored for cryptocurrency investors. TokenTax supports over 2,500 cryptocurrencies and provides tools to handle complex scenarios like margin trading, staking, and DeFi transactions. With its intuitive interface and detailed tax reports, TokenTax can help you accurately calculate your crypto taxes and save time during tax season.
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• Dec 30, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, also offers a tax reporting feature that can be a great alternative to TurboTax. With BYDFi's tax reporting tool, you can easily import your transaction history, calculate your gains and losses, and generate tax reports. It supports a wide range of cryptocurrencies and provides accurate tax calculations based on your specific jurisdiction's regulations. BYDFi's tax reporting feature is user-friendly and can be a convenient option for cryptocurrency investors who are already using the exchange for trading.
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