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Which tax software versions support reporting of cryptocurrency transactions?

avatarAnkusDec 27, 2021 · 3 years ago3 answers

I'm looking for tax software that can handle reporting of cryptocurrency transactions. Can you recommend any versions that support this feature?

Which tax software versions support reporting of cryptocurrency transactions?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! There are several tax software versions that support reporting of cryptocurrency transactions. One popular option is TurboTax. They have a specific section for reporting cryptocurrency gains and losses. Another option is H&R Block. They also have a dedicated section for cryptocurrency reporting. Make sure to check the latest versions of these software to ensure they have the necessary features.
  • avatarDec 27, 2021 · 3 years ago
    You're in luck! Many tax software versions now support reporting of cryptocurrency transactions. One example is TaxAct. They have a comprehensive guide on how to report your cryptocurrency activities. Another option is TaxSlayer. They offer step-by-step instructions on reporting your crypto gains and losses. Remember to keep track of your transactions and consult with a tax professional if needed.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi, a popular digital currency exchange, has its own tax software version that supports reporting of cryptocurrency transactions. It's designed to simplify the process of calculating and reporting your crypto gains and losses. With BYDFi tax software, you can easily import your transaction history and generate accurate tax reports. It's a great option for traders who frequently engage in cryptocurrency transactions.