Which online tax software is recommended for reporting crypto gains and losses?

3 answers

• Jan 12, 2022 · 3 years ago
  One popular online tax software that is highly recommended for reporting crypto gains and losses is TurboTax. It offers a specific section for cryptocurrency investments and provides step-by-step guidance on how to accurately report your gains and losses. Additionally, TurboTax has a user-friendly interface and offers various pricing plans to suit different needs and budgets.
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• Jan 12, 2022 · 3 years ago
  When it comes to reporting crypto gains and losses, it's important to choose a tax software that is specifically designed for cryptocurrency taxation. One such software is CoinTracker. CoinTracker is known for its comprehensive tracking and reporting features, making it easier for individuals and businesses to calculate their crypto taxes. It supports multiple exchanges and wallets, and provides detailed reports that can be easily exported for tax filing purposes.
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• Jan 12, 2022 · 3 years ago
  BYDFi, a leading digital asset exchange, recommends using CoinTracking for reporting crypto gains and losses. CoinTracking offers a range of features including automatic import of transactions from various exchanges, real-time portfolio tracking, and tax reporting tools. It supports over 6,000 cryptocurrencies and provides detailed tax reports that can be customized to meet individual needs. With its user-friendly interface and comprehensive features, CoinTracking is a reliable choice for crypto tax reporting.
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