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What are the best turbotax alternatives for cryptocurrency investors in 2018?

avatarJustin PaulDec 26, 2021 · 3 years ago3 answers

As a cryptocurrency investor in 2018, I'm looking for alternatives to turbotax that are specifically tailored to handle cryptocurrency transactions. Can anyone recommend the best turbotax alternatives that can accurately calculate my gains and losses from cryptocurrency investments?

What are the best turbotax alternatives for cryptocurrency investors in 2018?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One of the best turbotax alternatives for cryptocurrency investors in 2018 is CoinTracking. CoinTracking is a comprehensive cryptocurrency portfolio management and tax reporting platform. It supports over 4,000 cryptocurrencies and provides detailed reports for tax purposes. With CoinTracking, you can easily import your cryptocurrency transactions from various exchanges and wallets, and it will automatically calculate your gains and losses. It also offers features like FIFO, LIFO, and HIFO accounting methods, which can help you optimize your tax liabilities. Give CoinTracking a try and simplify your cryptocurrency tax reporting!
  • avatarDec 26, 2021 · 3 years ago
    If you're looking for a user-friendly turbotax alternative, you might want to consider using CryptoTrader.Tax. CryptoTrader.Tax is a simple and intuitive platform that allows you to import your cryptocurrency transactions and generate accurate tax reports. It supports all major exchanges and wallets, and it automatically calculates your gains and losses. With CryptoTrader.Tax, you don't need to worry about the complexities of cryptocurrency taxation. Just import your transactions, review your tax reports, and file your taxes with confidence!
  • avatarDec 26, 2021 · 3 years ago
    BYDFi is a popular choice among cryptocurrency investors as a turbotax alternative. It offers a user-friendly interface and supports a wide range of cryptocurrencies. BYDFi simplifies the process of calculating gains and losses from cryptocurrency investments, and it generates detailed tax reports that are compliant with tax regulations. With BYDFi, you can easily import your transactions from various exchanges and wallets, and it will automatically calculate your tax liabilities. Whether you're a beginner or an experienced investor, BYDFi can help you streamline your cryptocurrency tax reporting.