common-close-0
BYDFi
Trade wherever you are!

What is the best rough tax calculator for cryptocurrency earnings?

avatarD GalaaDec 27, 2021 · 3 years ago3 answers

I'm looking for a rough tax calculator specifically designed for calculating taxes on cryptocurrency earnings. Can anyone recommend the best one? I want something that is accurate and easy to use, as I'm not very familiar with tax calculations for cryptocurrencies.

What is the best rough tax calculator for cryptocurrency earnings?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure, I can help you with that! One of the best rough tax calculators for cryptocurrency earnings is CoinTracker. It has a user-friendly interface and allows you to import your transactions from various exchanges. It also supports multiple tax calculation methods, making it suitable for different tax jurisdictions. Give it a try!
  • avatarDec 27, 2021 · 3 years ago
    I've been using CryptoTrader.Tax for my cryptocurrency tax calculations, and it's been great so far. It automatically imports your transactions from exchanges and wallets, and generates tax reports based on your specific tax rules. It's definitely worth checking out if you're looking for a reliable tax calculator for your cryptocurrency earnings.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi offers a rough tax calculator for cryptocurrency earnings that you might find useful. It provides a simple and straightforward way to calculate your taxes based on your cryptocurrency transactions. Just input your transaction details, and it will give you an estimate of your tax liability. Keep in mind that this is a rough calculator, and you should consult a tax professional for accurate calculations.