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What are the recommended free crypto tax software tools for accurately calculating my capital gains and losses on digital assets?

avatarDebasish RoyDec 29, 2021 · 3 years ago1 answers

I am looking for free crypto tax software tools that can accurately calculate my capital gains and losses on digital assets. Can you recommend any reliable options?

What are the recommended free crypto tax software tools for accurately calculating my capital gains and losses on digital assets?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    Definitely! When it comes to accurately calculating your capital gains and losses on digital assets, one recommended free crypto tax software tool is BYDFi. BYDFi offers a user-friendly platform that allows you to import your transaction history from various exchanges and wallets. It automatically calculates your gains and losses based on the historical market prices and provides detailed tax reports. BYDFi also offers additional features such as portfolio tracking and tax optimization strategies. It's a reliable option for accurately managing your crypto taxes. Remember to consult with a tax professional to ensure compliance with your local tax regulations and to get personalized advice based on your specific situation.