How are cryptocurrency taxes reported? By Cointelegraph

Specialized cryptocurrency tax software enables users to generate a crypto tax report for their country, oftentimes generating Form 8949 alongside other files for e-file submission or to provide to one’s CPA.

To make an investor’s life or the life of a CPA easier, investors who engage in cryptocurrency trading can start by collecting all of their crypto transaction reports throughout the year. Modern crypto tax software tools such as Accointing automate this process to reduce the time spent compiling these documents.

Learn more about Accointing

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