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What are the best free tax software options for cryptocurrency investors?

avatarAlejandro ManriquezDec 26, 2021 · 3 years ago3 answers

As a cryptocurrency investor, I am looking for the best free tax software options to help me with my tax reporting. Can anyone recommend some reliable and user-friendly tax software specifically designed for cryptocurrency investors?

What are the best free tax software options for cryptocurrency investors?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One of the best free tax software options for cryptocurrency investors is TurboTax. It offers a user-friendly interface and provides specific guidance for reporting cryptocurrency transactions. With TurboTax, you can easily import your transaction history from popular cryptocurrency exchanges and generate accurate tax reports. It also provides support for various tax forms, including Form 8949 and Schedule D. Overall, TurboTax is a reliable choice for cryptocurrency investors who want to simplify their tax reporting process.
  • avatarDec 26, 2021 · 3 years ago
    If you're looking for a free tax software option, you might want to consider using CoinTracker. CoinTracker is specifically designed for cryptocurrency investors and offers a range of features to help you with your tax reporting. It supports multiple exchanges and wallets, allowing you to easily import your transaction history. CoinTracker also provides real-time market data and portfolio tracking, making it a comprehensive solution for managing your cryptocurrency investments and tax reporting.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, also offers free tax software for its users. With BYDFi Tax Software, you can easily import your transaction history from BYDFi and other popular exchanges. It provides a user-friendly interface and offers comprehensive tax reporting features. BYDFi Tax Software also supports various tax forms, ensuring that you can accurately report your cryptocurrency transactions. If you're a BYDFi user, this free tax software option can be a convenient choice for your tax reporting needs.