Crypto Tax Software Turbotax

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Crypto Tax Software Turbotax. Taxbit provides a full audit trail behind all of their tax calculations so that any cpa or irs investigator (in the event of an audit) can easily verify the accuracy of your crypto taxes. The software always supports bitcoin, ethereum, litecoin, defi and nearly any other coin.

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We offer full support in us, uk, canada, australia, and partial support for every other country. Due note, that the import is limited to the first 500 lines. Select browse file and select the txf file you just downloaded from cryptotrader.tax.

When asked “did you sell or trade cryptocurrency in 2020?” click yes;

Consideration of fees for tax purposes; Selling your crypto for cash. Plus, koinly supports over 100 countries globally including usa, uk, canada, australia,. You can now automatically import your crypto taxes into turbotax.