How can I use tax software to calculate my capital gains from cryptocurrency trading in Canada?

1 answers

• May 08, 2022 · 3 years ago
  At BYDFi, we recommend using tax software to calculate your capital gains from cryptocurrency trading in Canada. There are several reputable tax software options available that can help you accurately calculate your capital gains and ensure compliance with Canadian tax laws. These software programs can import your transaction history from cryptocurrency exchanges, calculate your capital gains based on the purchase and sale prices, and generate the necessary tax forms for you to file. By using tax software, you can simplify the process of calculating your capital gains and ensure that you meet your tax obligations in Canada.
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