Cryptocurrencies are not centralized, but you have to pay tax so that your crypto transactions and investments can be legal. Now, it’s hard to calculate cryptos taxes since the regulations are few but way more complicated. That’s why investors use tax calculators for cryptos. And you should do the same, and you should use these tops crypto tax software like experts:
Koinly
It is a top-rated tax calculating software that will connect with your digital wallet, exchanges, or even with blockchain addresses and provide you with a clear view of all your investment and will calculate the taxes for you. It’s a great tax managing software, and it will also manage all your investment portfolios with efficiency. The software can work with 74 digital wallets, 353 crypto exchanges, and 14 blockchain addresses. When this software has access to your cryptos and other investments, it will sync all the data and give you a clear report of your tax on them, and calculate your tax with ease. Besides, it will also analyze your investments and portfolios and give you a profit or loss statement.
Accounting
It is a crypto tracking and calculating tax software that has a good name in the market. That is because this software will help you to calculate taxes on your assets and investments and give you many others features that can be used for crypto tracking. This software has tons of tools that you will be able to use to analyze the market so that you can buy the most suitable cryptocurrencies. At the same time, it will provide you with a loss or profit statement so that you can see whether you are making a profit or bearing losses. However, this software can work with over 300 exchanges and wallets and more than 7500 cryptocurrencies and will provide you with all genuine data.
TokenTax
It is an advanced software for tax calculation. Now, this software will help you to calculate taxes on your cryptocurrencies so that you can file your tax without any issues. It has an automation feature that you can use, and that feature will automatically analyze all your data and give you a tax report that you can file. So, it’s a great tax assistant. It has efficient auditing features and tax harvesting. At the same time, it can also file your tax without any issue. It supports all cryptocurrencies and crypto exchanges.
ZenLedger
It’s also an advanced tax software that can make taxes and portfolios. The software can work with more than 400 crypto exchanges; among them, 30 are DeFi protocols. However, the software has a great environment for users, and that’s why it has over 15K customer base who are active users of this software. This software can help you calculate and file your taxes and also give loss or profit statements that will help you to make a decision. It can manage portfolios of your investments so you won’t have to go elsewhere. Besides, it’s super-affordable and offers all sorts of great benefits.