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What are the best totally free tax filing options for cryptocurrency traders?

avatarAli MohammadDec 29, 2021 · 3 years ago3 answers

As a cryptocurrency trader, I am looking for the best tax filing options that are completely free. Can anyone recommend some reliable platforms or software for filing taxes related to cryptocurrency trading? I want to ensure that I comply with all tax regulations without incurring any additional costs. Any suggestions?

What are the best totally free tax filing options for cryptocurrency traders?
Cryptocurrency
Tax Filing
Free

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Sure! One of the best totally free tax filing options for cryptocurrency traders is TurboTax. It offers a free version that allows you to easily report your cryptocurrency trades and calculate your tax liability. TurboTax is user-friendly and provides step-by-step guidance throughout the filing process. It also offers additional features for more complex tax situations, but the free version should be sufficient for most cryptocurrency traders.
  • avatarDec 29, 2021 · 3 years ago
    I've been using CoinTracker for my tax filing needs, and it's been great! It's a free platform specifically designed for cryptocurrency traders. CoinTracker supports all major exchanges and wallets, making it easy to import your transaction history. It also provides detailed tax reports and helps you calculate your gains and losses. Give it a try!
  • avatarDec 29, 2021 · 3 years ago
    BYDFi is a great option for cryptocurrency traders looking for a totally free tax filing solution. It offers a user-friendly interface and allows you to import your transaction history from various exchanges. BYDFi also provides comprehensive tax reports and helps you calculate your tax liability. It's definitely worth checking out!

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