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Based on our record, Bitcoin.Tax should be more popular than TaxBit. It has been mentiond 106 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.
Not an ad but I use bitcoin.tax. Works like a chart. Note, coinbase.com is different exchange than 'coinbase pro' so if you used both, then you need to set up separate API keys at both and then import both (separately) to your tax software. Source: about 1 year ago
I filed a separate Sch C for mining. I used bitcoin.tax to automatically calculate the gross income by inputting my public address (you have to pay tax on the value at the time it was mined). Tracked my hardware costs and electricity usage costs and listed them as expenses. I used the De Minimis Safe Harbor election since all my hardware costs we less than $2500 per item so that I didn't have to calculate... Source: about 1 year ago
I use bitcoin.tax last couple years. Source: about 1 year ago
Ive tried (and paid for) bitcoin.tax, cointracker and taxbit. It will not accept my gemini info for grow/earn no matter what I do. Has anyone found a way to do this? Source: about 1 year ago
Yes, it's still working and pulling data from 2022. We use it at bitcoin.tax and have customers importing their data fine at the moment. Source: over 1 year ago
If I use the information generated by TaxBit.com, then will I be audited by the IRS, and if so, which side the IRS will side with? Source: about 1 year ago
Hi there, thank you for visiting our sub! We unfortunately don't have the option to mail the tax forms, but they can be downloaded and printed out directly from the app. In addition, we don't generate tax forms for your Crypto account, but we do provide the CSV file with all of your transactions for the calendar year. To help with reporting your Crypto gains and losses on your taxes, we've partnered with TAXbit.... Source: about 1 year ago
Yes, you can own IMX in the US. Use cointracker.io or https://taxbit.com/ to track your transactions and taxes due for the US. Source: over 1 year ago
That's ridiculous. You should have signed a contract before handing over your files. If you were going to end up filing your taxes by yourself even after hiring their services, don't you think you should have tried tax tools? That could have saved your time, money, and energy. There are a lot of tools out in the market like TaxBit and Cointelli and pretty much easy to use. I can't give any particular advice to you... Source: almost 2 years ago
Hey! This is a great article that breaks down the Crypto Tax as a whole and the current laws in the US. TaxBit makes crypto taxes super easy and they have a free plan option for you to try it out first before downloading your tax forms. I used it this year for my taxes and saved myself so much time! Source: almost 2 years ago
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