Master your cryptocurrency taxes in 2024: Top tools for compliance and peace of mind
Crypto tax software is a tool that helps you prepare and file your taxes for your cryptocurrency transactions. Crypto tax software can help you calculate your capital gains or losses, track your income and expenses, and generate tax reports that comply with the IRS rules and regulations. Here is a list of the best crypto tax software of 2024 that can help you avoid getting fined.
Koinly:
This is a crypto tax software that supports over 350 exchanges, 50+ wallets, and 6000+ coins. It can sync your data automatically, track your portfolio, and generate tax reports for over 100 countries. It also has a user-friendly interface, helpful customer support, and reasonable pricing. You can preview your capital gains for free here.
CoinLedger:
CoinLedger can import your data easily, calculate your taxes accurately, and export your tax forms quickly. It also has a simple and intuitive interface, a 14-day money-back guarantee, and a competitive pricing. You can pay from $49 to $299 per tax year, depending on your number of transactions.
CoinTracker:
CoinTracker can connect your accounts securely, optimize your tax strategy, and generate tax reports that are compliant with the IRS. It also has a comprehensive and customizable dashboard, a free plan for up to 3,000 transactions, and flexible pricing. You can pay from $0 to $999 per tax year, depending on your number of transactions and features.
ZenLedger:
ZenLedger supports over 400 exchanges, 40+ wallets, and 1500+ coins. It can analyze your data efficiently, minimize your tax liability, and produce tax reports that are compatible with the IRS. It also has a powerful and secure platform, a dedicated tax professional service, and transparent pricing.
TurboTax:
This is a traditional tax software that also supports crypto tax filing. It can integrate with some of the major crypto platforms, such as Coinbase, Gemini, and Robinhood, and import your transactions automatically. It can also calculate your crypto taxes, generate tax forms, and file them online. It has a lifetime free basic plan, a premium plan for $90 per tax year, and an additional fee of $50 for crypto tax filing.
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