Are there any alternative tax software options for cryptocurrency users now that turbotax is no longer free?
Potter SchwarzMay 01, 2022 · 3 years ago3 answers
With the recent change in TurboTax's pricing policy, where can cryptocurrency users find alternative tax software options that are free or more affordable?
3 answers
- May 01, 2022 · 3 years agoYes, there are several alternative tax software options available for cryptocurrency users now that TurboTax is no longer free. One popular option is CoinTracker, which offers a free plan for users with up to 200 transactions. Another option is CryptoTrader.Tax, which offers a free trial and affordable pricing plans based on the number of transactions. Additionally, some cryptocurrency exchanges, such as Binance, provide built-in tax reporting features that can help users calculate their tax obligations. It's important to compare the features and pricing of different software options to find the one that best suits your needs.
- May 01, 2022 · 3 years agoAbsolutely! TurboTax may no longer be free for cryptocurrency users, but there are plenty of alternative tax software options to choose from. For example, you can consider using TaxBit, a platform specifically designed for cryptocurrency tax reporting. TaxBit offers a range of pricing plans to suit different needs and budgets. Another option is CoinTracking, which provides comprehensive tax reporting features and supports a wide range of cryptocurrencies. Remember to do your research and compare the features and pricing of different software options before making a decision.
- May 01, 2022 · 3 years agoYes, there are alternative tax software options available for cryptocurrency users. One option is BYDFi, a digital asset exchange that offers tax reporting services to its users. BYDFi's tax software is designed to simplify the process of calculating and reporting cryptocurrency taxes. It provides accurate tax calculations based on your transaction history and generates the necessary tax forms. However, it's important to note that BYDFi's tax software is not free and may have different pricing plans based on your needs. Make sure to check their website for more information on pricing and features.
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