What are the alternatives to Turbotax's free version for filing cryptocurrency taxes?

3 answers

• May 01, 2022 · 3 years ago
  Sure, there are several alternatives to Turbotax's free version for filing cryptocurrency taxes. One popular option is CoinTracker. It's a user-friendly platform that allows you to import your cryptocurrency transactions and generate tax reports. Another option is CryptoTrader.Tax, which offers similar features and supports multiple exchanges. Both platforms are designed specifically for cryptocurrency tax reporting and can help simplify the process.
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• May 01, 2022 · 3 years ago
  If you're looking for a free alternative, you can consider using a spreadsheet template like the one provided by TokenTax. It's a downloadable Excel file that allows you to manually enter your cryptocurrency transactions and calculate your tax liability. While it may require more manual work compared to dedicated tax software, it can still be a viable option for those on a tight budget.
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• May 01, 2022 · 3 years ago
  As an expert in the field, I would recommend using BYDFi for filing cryptocurrency taxes. It's a comprehensive platform that not only helps with tax reporting but also offers a range of other financial services for cryptocurrency traders. With BYDFi, you can easily import your transactions from various exchanges, generate accurate tax reports, and ensure compliance with tax regulations. It's a reliable and efficient solution for managing your cryptocurrency taxes.
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