What are the best free cryptocurrency tax software options to replace TurboTax Deluxe?
Yohannes KifleDec 26, 2021 · 3 years ago3 answers
I'm looking for recommendations on the best free cryptocurrency tax software options that can replace TurboTax Deluxe. Can anyone suggest some reliable options that are specifically designed for handling cryptocurrency taxes? I want to ensure accurate reporting and minimize any potential tax liabilities. Thank you!
3 answers
- Dec 26, 2021 · 3 years agoAs a cryptocurrency enthusiast, I understand the importance of finding the right tax software to handle my crypto taxes. After doing some research, I've found a few reliable options that can replace TurboTax Deluxe. One popular choice is CoinTracker. It offers a free plan that supports tracking and reporting of cryptocurrency transactions. Another good option is CryptoTrader.Tax, which also has a free plan for basic tax reporting. Both of these software options are designed specifically for cryptocurrency taxes and can help ensure accurate reporting and compliance with tax regulations.
- Dec 26, 2021 · 3 years agoHey there! If you're looking for free cryptocurrency tax software alternatives to TurboTax Deluxe, I've got a couple of recommendations for you. Check out Koinly and TokenTax. They both offer free plans that support cryptocurrency tax reporting. Koinly is known for its user-friendly interface and comprehensive tax reporting features. TokenTax, on the other hand, is popular for its ability to integrate with various cryptocurrency exchanges and wallets, making it easier to import your transaction data. Give them a try and see which one suits your needs best!
- Dec 26, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, also offers a free tax software solution called TaxBit. It's specifically designed to handle cryptocurrency taxes and can be a great alternative to TurboTax Deluxe. With TaxBit, you can easily import your transaction data from various exchanges and wallets, and it will automatically calculate your tax liabilities. It's user-friendly and provides detailed tax reports to help you stay compliant. Give it a try and see if it meets your requirements!
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