Free: The free plan allows tracking of 25 transactions, access to cost basis and capital gains, error reconciliation, and forum support.The App is also compatible with TaxAct and TurboTax.ĬoinTracker has one free plan and three paid ones which can be listed below: The feature is automated to adjust the value of your digital assets as it fluctuates. Auto Wallet Sync is a revolutionary feature that is open to all platform users. Auto wallet synchronization: This adjusts the value of your portfolio automatically as prices go up and down.Multiple accounting methods: All CoinTracker subscribers can use five different accounting methods to generate their tax forms: FIFO (First In, First Out), LIFO (Last In, First Out), HIFO (Highest In, First Out), ACB (Adjusted Cost Base) and share pooling.It is the form used to report capital gains for tax purposes. Tax form generation: CoinTracker subscribers can generate the capital gains report and the IRS form 8949.It will automatically track everything and organize it so that you are able to file your taxes in an appropriate manner. The great thing about CoinTracker is that you do not need to manually input your transactions. The system comes with an inbuilt tax form generator. It has the import and export of CSV files capability backed by auto-synchronization. It specializes in accounting, fintech, blockchain, digital currencies, and some other financial services.ĬoinTracker io is a crypto tracker that comes with an amazing array of features. It works as a portfolio and tax manager for virtual currencies. The company is based in San Francisco, California. Let us look into detail in this CoinTracker review now, What is Cointracker?Ĭointracker was founded on August 22, 2017, by Chandan Lodha and Jon Lerner. In this article, we will cover the detailed aspects of the CoinTracker and its features, its working, pros and cons, and much more. If you are a trader who is looking for a crypto tracking platform, then CoinTracker.io can be one of the reliable tracking machines at the moment. However, not all tracking machines can work optimally to transform all information to you.
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