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RE: San Francisco Run. USA Cryptocurrency Tax.

in #bitcoin7 years ago (edited)

Here's a good tool - Calculates Crypto Taxes Automatically
https://cointracking.info?ref=T127683

I'm using coin tracking. It is tedious, but I'm uploading info from each exchance I traded on and my hardware wallets. This program calculates the cost dollar basis and puts it in an excel spreadsheet.

Ahh yes this sucks. I don't like it. Help ease my tax pain and use the link above so I get some credit. Cheers my steem friends. Try to power through tax season. 2018 will be a great year.

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Hey I was using that site a few weeks ago to estimate taxes. It does a really great job, organizes things, and calculates the first-in-first-out gains instantly. That's awesome.

Only issue I have is the price. The price they charge in bitcoin is super expensive. Starting to wonder if I could just enter in half of my transactions, print out the results, and then do the same thing with the rest of my transactions, since there is a 100 transaction limit on using it for free. It certainly is tedious, but it saves a lot of headache with calculating gains.

50% vote for you, and 50% for the author. You two are a valuable team.

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