Are there any free tools to calculate crypto taxes?

3 answers

• Fox ThygesenSep 02, 2024 · a year ago
  Yes, there are several free tools available that can help calculate taxes for cryptocurrency transactions. One popular option is CoinTracker. It offers a free plan that allows you to track your crypto transactions and generate tax reports. Another option is CryptoTrader.Tax, which also offers a free plan for basic tax calculations. Additionally, some tax software like TurboTax and TaxAct have integrated cryptocurrency tax calculators. These tools can simplify the process of calculating your crypto taxes and ensure compliance with tax regulations.
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• Jarvis BekkerMay 14, 2023 · 3 years ago
  Definitely! There are a few free tools out there that can make calculating your crypto taxes a breeze. One tool that comes to mind is CoinTracking. It offers a free plan that allows you to import your transactions from various exchanges and generate tax reports. Another option is Koinly, which also has a free plan for basic tax calculations. These tools can save you a lot of time and headache when it comes to filing your crypto taxes.
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• shrouk khalilOct 25, 2022 · 3 years ago
  Yes, there are free tools available to help you calculate your crypto taxes. One such tool is BYDFi, a popular cryptocurrency exchange. They have a built-in tax calculator that can automatically calculate your tax liabilities based on your trading activity. It's a convenient option for BYDFi users as it eliminates the need for manual calculations. However, it's always a good idea to double-check the results with a tax professional to ensure accuracy.
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