New to crypto? Need some help figuring out how to file your taxes? Here's the best tax software for crypto to help you get started.
A lot of people got into cryptocurrency for the first time in 2021, and with tax season approaching, a lot of those new crypto investors are now scrambling to find the best tax software for crypto. If you’re one of the many folks who find themselves in that position and need some help figuring out how to factor your gains and losses into your filings for the year, then look no further.
TurboTax works on Windows, Mac, and Chrome OS computers as well as Android and iOS devices, and you can start your taxes for free — you only pay when you file.
ZenLedger Another great tax software for crypto is ZenLedger, which is one of the best choices for basic users. It’s a little limited for active crypto traders and DeFi users, but for those who have smaller positions, are less active with their investing , ZenLedger is more than sufficient. Like TaxBit, ZenLedger can connect with more than 500+ crypto exchanges, wallets, and related platforms, allowing you to easily import your gain/loss information to streamline the process a bit.
Koinly As you might have guessed just from looking at the name, Koinly is another self-filing tax app purpose-made for cryptocurrency investors. Koinly can sync with more than 350 exchanges and 50 wallets, so while its network integration is somewhat more limited than that of TaxBit and ZenLedger, you’ve still got the most commonly used platforms covered. Koinly can auto-sync data from popular exchanges and wallets like Coinbase, Binance, Crypto.
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