What are the best tools for tracking cryptocurrency tax liability?
Can you recommend some reliable tools that can help me track my cryptocurrency tax liability? I want to make sure that I am accurately reporting my crypto transactions and complying with tax regulations. What are the best options available?
3 answers
- applzMar 22, 2023 · 3 years agoSure! One of the best tools for tracking cryptocurrency tax liability is CoinTracker. It offers a user-friendly interface and integrates with popular exchanges and wallets to automatically import your transaction data. CoinTracker also provides detailed tax reports and calculates your capital gains or losses. It's a great option for both beginners and experienced crypto traders.
- Hooper CrabtreeDec 29, 2025 · 2 months agoIf you're looking for a free option, you can consider using CryptoTrader.Tax. It allows you to import your transaction history from various exchanges and generates tax reports based on your data. While the free version has some limitations, it can still be a useful tool for individuals with a relatively simple crypto portfolio.
- Rosamund NormanFeb 14, 2022 · 4 years agoAt BYDFi, we recommend using CoinTracking. It's a comprehensive tool that supports over 8,000 cryptocurrencies and provides features like automatic API imports, tax reports, and even a tax loss harvesting tool. CoinTracking is trusted by many crypto enthusiasts and tax professionals for its accuracy and reliability.
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