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Your Guide To Crypto Tax Software

Welcome to the world of cryptocurrency tax management! 

Whether you’re a crypto enthusiast, an experienced trader, or just curious about this space, you’ve likely encountered the challenge of handling crypto tax reporting. We’ve rolled up our sleeves to bring you a series of detailed reviews of various cryptocurrency tax software solutions.

Each of the articles you’re about to read takes you on a journey into the world of crypto tax software. We’ve thoroughly examined these software solutions to uncover their unique features, strengths, and how they can assist you in managing your crypto tax obligations.

Koinly

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Koinly is one of the best online software to facilitate cryptocurrency traders, investors, and accountants. The primary functions of Koinly include tracking transactions, calculating taxes, and reporting taxes by importing data from more than 600 cryptocurrency exchanges, blockchains, wallets, and platforms.

TokenTax

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TokenTax would be an excellent option for U.S. users seeking a reliable and efficient solution for managing their crypto tax obligations. Its comprehensive features, personalized assistance, and focus on IRS compliance position it as a valuable tool in navigating the complex landscape of crypto taxation.

Coinpanda

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Coinpanda is a user-friendly, efficient platform for managing your cryptocurrency portfolio and preparing your taxes.

CoinTracking

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CoinTracking is the most accurate crypto-taxing software that provides the most reliable and comprehensive trading solution to both beginners and professionals. CoinTracking supports a vast array of crypto assets, exchanges, and wallets, including DeFi (decentralized finance) smart contracts. It’s possible to integrate over 29,500 tokens and NFTs (non-fungible tokens) through over 300 exchanges. We found it simple to import our transaction history and didn’t need to enter any data manually. Clearly, the less data entered manually, the better; we can all make mistakes!

CoinTracker is one of a number of tax platforms offering tax solutions tailored to crypto investors. Like all its competitors, the platform is connectable to crypto exchanges and wallets, allowing users to import their data, such as transaction history, calculate their capital gains and losses. Compared to working out your taxes independently, signing up for one of these platforms will save you significant time and effort come tax time.

Cointracker

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