Coinbase users can now report their crypto taxes using CoinTracker
Cointelegraph
Published Jan 15, 2021 01:00PM ET
Updated Jan 17, 2021 04:00PM ET
With just three months until the deadline for United States citizens to declare their crypto gains and losses to the Internal Revenue Service, Coinbase is partnering with portfolio tracking and tax calculating platform CoinTracker to make the process simpler.
According to CoinTracker, it's an easy way for Coinbase users to report their crypto transactions and sales. Targeted at U.S. users, CoinTracker will calculate and fill out the specific forms — for example, Form 8949 and Schedule D — to declare capital gains, losses and assets on income tax returns. It can be used by individuals and accountants or as part of a tax filing software program like TurboTax.
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Written By: Cointelegraph
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