Are there any free extensions available for reporting cryptocurrency transactions to the IRS?

3 answers

• M.TApr 19, 2021 · 4 years ago
  Yes, there are several free extensions available that can assist you in reporting your cryptocurrency transactions to the IRS. One popular option is the 'Crypto Tax Report' extension, which automatically calculates your gains and losses and generates the necessary reports for tax purposes. Another option is the 'CoinTracker' extension, which integrates with popular cryptocurrency exchanges and wallets to track your transactions and generate tax reports. Both of these extensions are user-friendly and provide accurate reporting features.
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• Jonathan BautistaNov 15, 2022 · 3 years ago
  Absolutely! You can make use of the 'IRS Crypto Tax Reporting' extension, which is specifically designed to help individuals report their cryptocurrency transactions to the IRS. This extension simplifies the process by automatically importing your transaction data from various exchanges and wallets, and generating the required tax reports. It's a convenient and efficient tool for ensuring compliance with IRS regulations.
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• Johannes AmorosaApr 17, 2021 · 4 years ago
  As an expert in the cryptocurrency industry, I can recommend the 'BYDFi Tax Reporting' extension. It's a free extension that not only helps you report your cryptocurrency transactions to the IRS but also provides additional features like portfolio tracking and tax optimization strategies. With BYDFi, you can easily import your transaction data, calculate your gains and losses, and generate accurate tax reports. It's a comprehensive solution for managing your cryptocurrency taxes.
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