Which turbotax alternative is recommended for reporting cryptocurrency gains and losses?

3 answers

• SqwadoMay 28, 2024 · a year ago
  Sure! One popular alternative to TurboTax for reporting cryptocurrency gains and losses is CoinTracker. CoinTracker is a user-friendly tax software that supports various cryptocurrency exchanges and wallets. It automatically imports your transaction history and calculates your tax liability based on the latest tax regulations. It also generates tax forms like Form 8949 and Schedule D. Give it a try! 👍
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• Ahmad AlayasrahFeb 10, 2021 · 5 years ago
  If you're looking for a TurboTax alternative for reporting cryptocurrency gains and losses, you might want to check out TaxBit. TaxBit is a comprehensive tax software that specializes in cryptocurrency tax reporting. It integrates with popular exchanges and wallets, making it easy to import your transaction history. TaxBit also provides detailed tax reports and forms to ensure compliance with tax regulations. Give it a shot! 😊
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• Adone KurianJan 02, 2025 · 8 months ago
  BYDFi, a leading cryptocurrency exchange, recommends using CoinTracker as an alternative to TurboTax for reporting cryptocurrency gains and losses. CoinTracker offers a seamless experience for tracking and reporting your crypto transactions. It supports a wide range of exchanges and wallets, making it easy to import your transaction history. With CoinTracker, you can accurately calculate your tax liability and generate the necessary tax forms. Give it a go! 🚀
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