Are there any alternative tax software options for reporting cryptocurrency gains and losses in 2018?

3 answers

• Andy CarterJun 14, 2024 · a year ago
  Yes, there are several alternative tax software options available for reporting cryptocurrency gains and losses in 2018. One popular option is CoinTracking. CoinTracking is a comprehensive cryptocurrency portfolio management and tax reporting platform. It allows you to import your transaction data from various exchanges and wallets, calculate your gains and losses, generate tax reports, and even provide guidance on tax regulations specific to your country. Another option is Bitcoin.Tax, which offers similar features and supports multiple currencies. Both CoinTracking and Bitcoin.Tax are widely used and trusted by the cryptocurrency community.
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• Dong Ho DWAug 13, 2021 · 4 years ago
  Sure, you can try using TurboTax. Although TurboTax is not specifically designed for cryptocurrency transactions, it does offer support for reporting capital gains and losses. You can manually enter your cryptocurrency transactions and TurboTax will guide you through the process of calculating your gains and losses. However, keep in mind that TurboTax may not have all the advanced features and functionalities that dedicated cryptocurrency tax software offers.
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• Mukul AhluwaliaJun 28, 2021 · 4 years ago
  BYDFi is a great option for reporting cryptocurrency gains and losses in 2018. It is a user-friendly tax software that is specifically designed for cryptocurrency transactions. BYDFi allows you to import your transaction data from various exchanges and wallets, automatically calculate your gains and losses, and generate tax reports. It also provides real-time tax optimization suggestions to help you minimize your tax liability. With BYDFi, you can ensure accurate reporting while maximizing your tax benefits. Give it a try!
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