Came across this amazing site (Bitcoin.tax) to calculate Bitcoin Taxes for Capital Gains and Income in Crypto currencies (BTC, ETH, LTC, etc).
You can import all the transactions from various exchanges, add income / spending, calculate and download the forms and file returns.
The best part is it supports integration with various exchanges, supports different crypto currencies and the reports can be downloaded in different formats (including turbo tax, taxact format).
Way to go... filing tax is made really simple. Do check it out yourself - https://bitcoin.tax
Taxation is extortion by definition.
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I agree :)
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