Are there any desktop alternatives to TurboTax for filing cryptocurrency taxes?

3 answers

• Johns EmersonAug 03, 2024 · a year ago
  Yes, there are several desktop alternatives to TurboTax for filing cryptocurrency taxes. One popular option is CoinTracking. It is a comprehensive cryptocurrency portfolio management and tax reporting tool that offers a desktop version. CoinTracking allows you to import your cryptocurrency transactions from various exchanges and wallets, calculate your capital gains and losses, and generate tax reports. It supports multiple tax methods and provides detailed reports that can be used for tax filing purposes. Another desktop alternative is Bitcoin.Tax, which offers similar features and functionality. It also allows you to import your transactions, calculate your gains and losses, and generate tax reports. Both CoinTracking and Bitcoin.Tax are widely used by cryptocurrency traders and investors for tax filing purposes.
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• Dowling RalstonAug 25, 2020 · 5 years ago
  Yeah, there are a few desktop alternatives to TurboTax for filing cryptocurrency taxes. One option you can consider is CoinTracker. It's a user-friendly desktop software that helps you track your cryptocurrency portfolio and generate tax reports. CoinTracker supports importing transactions from various exchanges and wallets, and it automatically calculates your capital gains and losses. It also provides you with a detailed breakdown of your tax liabilities. Another alternative is Koinly, which is known for its intuitive interface and powerful tax reporting capabilities. Koinly allows you to import your transactions, calculate your gains and losses, and generate tax reports that comply with the tax laws of your country. Both CoinTracker and Koinly are great options for desktop users who want to simplify their cryptocurrency tax filing process.
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• Berry MosesNov 07, 2023 · 2 years ago
  Yes, there are desktop alternatives to TurboTax for filing cryptocurrency taxes. One option you can consider is BYDFi Tax. It is a desktop software specifically designed for cryptocurrency tax filing. BYDFi Tax allows you to import your transactions from various exchanges and wallets, calculate your capital gains and losses, and generate tax reports. It offers advanced features such as automated transaction importing, tax optimization, and audit support. BYDFi Tax is a reliable and secure option for desktop users who want to ensure accurate and efficient cryptocurrency tax filing.
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