Bitcoin Forum

Bitcoin => Legal => Topic started by: RML52 on January 17, 2019, 02:33:52 AM



Title: USA tax season approaching
Post by: RML52 on January 17, 2019, 02:33:52 AM
As the USA tax season approaches I have begun looking at crypto tax solutions.

So far I like taxtoken.io and cointracking.info

Does anyone have experience with them or others?
I see that taxtoken charges $40 for a printable tax form, I believe cointracking is free if less than 200 transactions. But I fear the old saying 'you get what you pay for'...
I don't have a big portfolio and even with mining deposits I have less than 200 transactions.
I then do the rest of my taxes via TurboTax which taxtoken says it has a plugin/import for.

I have hardware cost and other operational costs at play, and like most probably some capital loss.

Any pro tips out there about the business side of USA crypto taxing?


Title: Re: USA tax season approaching
Post by: HippiePyro on January 17, 2019, 11:53:03 AM
I have used cointracker.info, they provide a CVS file with all your trades, though it can take a week for them to compile it. The file uploads directly to TurboTax as well. The limit on trades on the free account is the only thing I am unsure of as I purchased the premium membership. It's a great site to keep track of your portfolio.