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Are there any free crypto tax software options for DeFi users?

Danish Abyan PratistaJan 11, 2023 · 3 years ago3 answers

Can anyone recommend any free crypto tax software options specifically designed for DeFi users? I'm looking for a solution that can accurately calculate my tax liabilities and provide me with the necessary documentation for tax filing purposes. It would be great if the software can handle complex DeFi transactions, such as yield farming, liquidity mining, and decentralized exchanges. Any suggestions?

3 answers

  • Raun FinnOct 24, 2020 · 5 years ago
    Yes, there are several free crypto tax software options available for DeFi users. One popular choice is CoinTracker. It supports a wide range of DeFi protocols and can automatically import your transaction data from various wallets and exchanges. CoinTracker also provides detailed tax reports and integrates with popular tax filing platforms like TurboTax. Another option is Koinly, which offers a free plan that supports DeFi transactions. It has a user-friendly interface and provides accurate tax calculations. Remember to always double-check the accuracy of the software's calculations and consult with a tax professional if needed.
  • moiz lokhandvalaJan 13, 2024 · 2 years ago
    Absolutely! If you're a DeFi user looking for free crypto tax software, you're in luck. One option you can consider is TokenTax. It offers a free plan that supports DeFi transactions and provides tax reports that are compatible with major tax filing platforms. TokenTax also has a user-friendly interface and offers customer support to assist you with any questions or issues you may encounter. Give it a try and see if it meets your needs!
  • reyvliSep 22, 2022 · 3 years ago
    Yes, there are free crypto tax software options available for DeFi users. BYDFi, a leading cryptocurrency exchange, offers a free tax software specifically designed for DeFi users. It can handle complex DeFi transactions and provides accurate tax calculations. The software also generates comprehensive tax reports that can be easily used for tax filing purposes. It's a great option for DeFi users who want a seamless and efficient way to manage their tax obligations. Give it a try and simplify your tax reporting process today!

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