This 2022 list of top ten crypto tax software available in the USA will help crypto investors find their tax obligations and report their cryptocurrency holdings correctly. Without the digital helping hand tax software for crypto trading provides, it is a nightmare for ordinary taxpayers to compute the tax liability on crypto transactions. This article will discuss the ten best crypto tax software in the USA.
Declaration: The writer is in no way directly or indirectly linked to any of these software firms or gets any monetary benefits.
Video on Crypto Tax Software
List of Top 10 Crypto Tax Software
- TokenTax TokenTax is a popular tax software that provides a comprehensive solution for individuals and businesses to report their cryptocurrency investments. This crypto tax software integrates with major exchanges, including Coinbase, Binance, and Kraken, and it can import transactions and automatically calculate gains and losses. TokenTax is user-friendly and offers step-by-step guidance to help individuals complete their tax returns.
- CryptoTrader.Tax This is a comprehensive tax software for cryptocurrency investors. It integrates with major exchanges, including Coinbase, Binance, and Kraken, to import transactions . You can also calculate capital gains and losses on crypto trades. You can use the software to generate Form 8949 to report capital gains and losses and a tax liability estimator, which helps individuals estimate their tax bills.
- CoinTracking: CoinTracking is a popular cryptocurrency tax software that provides a comprehensive solution for individuals and businesses. It can connect with major cryptocurrency exchanges like Coinbase, Binance, and Kraken, This software also provides a range of advanced features, including tax loss harvesting, which helps individuals reduce their tax bill by offsetting gains with losses.
- BearTax: BearTax is a user-friendly tax software that provides a comprehensive solution for individuals and businesses to report their cryptocurrency investments. Like others, it can also integrate with major exchanges, including Coinbase, Binance, and Kraken, to import transactions and automatically calculate gains and losses. BearTax offers a range of features, including tax loss harvesting and the ability to generate Form 8949.
- Cointracker.io: Cointracker.io is a popular cryptocurrency tax software that provides a comprehensive solution for individuals and businesses.
- ZenLedger: ZenLedger is a comprehensive cryptocurrency tax software that provides a comprehensive solution for individuals and businesses. It integrates with major exchanges, including Coinbase, Binance, and Kraken, toimport transactions and automatically calculate gains and losses.
- Tokenly : Tokenly is a cryptocurrency tax software that provides a comprehensive solution for individuals and businesses. This software offers a range of features, including tax loss harvesting, and it provides step-by-step guidance to help individuals complete their tax returns.
- Acconting: Accointing is a cryptocurrency tax software that provides a comprehensive solution for individuals and businesses. It can import crypto transactions and automatically calculate such trades’ gains and losses.
- BlockFi: BlockFi is a comprehensive cryptocurrency tax software that allows individuals and businesses to report their cryptocurrency investments. BlockFi also provides a range of other financial services, including crypto lending and borrowing, which makes it a popular choice for cryptocurrency investors.
- CoinPlan: CoinPlan is a cryptocurrency tax software that provides a comprehensive solution for individuals and businesses. It integrates with major exchanges, including Coinbase, Binance, and Kraken, to import transactions and automatically calculate gains and losses. The software provides step-by-step guidance to help individuals complete their tax returns.
Select crypto tax software wisely.
The crypto tax software mentioned in this article is among the best in the USA and can help individuals and businesses report their cryptocurrency investments accurately and efficiently. This software is designed to simplify the tax reporting process and provide various features to help investors minimize their tax bills. When choosing crypto tax software, it’s essential to consider the investor’s specific needs and their experience level. It is recommended to compare the features and pricing of multiple software to determine which one is the best fit for the individual or business.
Post Disclaimer
While the information on this site - Internal Revenue Code Simplified-is about legal issues, it is not legal advice or legal representation. Because of the rapidly changing nature of the law and our reliance upon outside sources, we make no warranty or guarantee of the accuracy or reliability of information contained herein.
