Crypto Taxes
How It Works
As knowledge of New Crypto Project we want to inform you new crypto projects as well as news related to cryptocurrencies. Today the team of New Crypto Project will present you important information about your taxes and how to deal with it and not have problems later
Tax takes away the pain of preparing your bitcoin and crypto taxes in a few easy steps. Start by connecting your exchanges and importing your historical transactions.
Easily Import
Historical Data
CryptoTrader.Tax integrates directly with your favorite cryptocurrency platforms to make it easy to import your historical transactions. Whether you’re trading, mining, staking, or earning interest, you’ll be able import your transactions and calculate your taxes with ease.
Step 1
Import Your Crypto Trades:
Start by importing your crypto trading history from all years and from all exchanges into the app. CryptoTrader.Tax will automatically establish cost basis and fair market value for these transactions using historical data.
Step 2
Add Crypto Income
CryptoTrader.Tax takes away the pain of preparing your bitcoin and crypto taxes in a few easy steps. Start by connecting your exchanges and importing your historical transactions.
Easily Import
Historical Data
CryptoTrader.Tax integrates directly with your favorite cryptocurrency platforms to make it easy to import your historical transactions. Whether you’re trading, mining, staking, or earning interest, you’ll be able import your transactions and calculate your taxes with ease.
Step 1
Import Your Crypto Trades:
Start by importing your crypto trading history from all years and from all exchanges into the app. CryptoTrader.Tax will automatically establish cost basis and fair market value for these transactions using historical data.
Step 2
Add Crypto Income
Add any historical crypto income such as mining, gifts, or even exchange rewards like airdrops. If none of these apply to you, this step can be skipped.
Get Started for Free
Step 3
Generate Your Tax Report
Once all of your transaction history has been imported, the final step is to review your data and generate your report. You can view a complete example report with the link below.
Get Started for Free
Step 4
File Your Crypto Taxes
After your report is generated, you can simply import it into your favorite tax software such as TurboTax or TaxAct to file yourself or send it off to your accountant to handle for you.
Add any historical crypto income such as mining, gifts, or even exchange rewards like airdrops. If none of these apply to you, this step can be skipped.
Get Started for Free
Step 3
Generate Your Tax Report
Once all of your transaction history has been imported, the final step is to review your data and generate your report. You can view a complete example report with the link below.
Get Started for Free
Step 4
File Your Crypto Taxes
After your report is generated, you can simply import it into your favorite tax software such as TurboTax or TaxAct to file yourself or send it off to your accountant to handle for you.
