One of the best Crypto Taxing Softwares
February 11, 2022
One of the best Crypto Taxing Softwares
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with BearTax
I used BearTax to handle my cryptocurrency tax obligations for the first time this year and I was really surprised at how easy it was to do. It took me less than five minutes to sign-up for an account, import my trading data from different exchanges, and generate a full report of all of my capital gains for the year. I then exported the report to TurboTax and was able to file my income taxes without any problems. I was really impressed with the seamless integration of BearTax into my existing tax reporting routine.
- I've been using BearTax for a few months and it's been great. The platform is very intuitive and user-friendly. After inputting all of my trades, it's super easy to generate a report so I can quickly add to my tax software. I've been recommending it to other people in the crypto space who are also looking for good crypto-specific tax software.
- Overall, I was impressed with the ease of use that comes with the BearTax service. Unlike other crypto tax accounting apps that I’ve tried, I didn’t have any issues importing my trading data into BearTax or generating a full tax report in seconds. This tool will definitely come in handy for anyone who has crypto capital gains to report every year.
- I think there should be a performance tracker in BearTax.
- The community support have a great space for improvement.
- I’ve been using other crypto tax software, but I noticed that I was missing out on the 1031 exchange opportunities that are available to me. I’ve been doing my due diligence and researching the top crypto tax software solutions, and I’ve come to the conclusion that BearTax is the best. I really appreciate that I can use this software to handle my crypto taxes and I don’t have to give up my favorite tax software solutions like TurboTax.
- I’ve been using BearTax for a while and I have to say it has been a very pleasant experience. The cryptocurrency world can be confusing and stressful to navigate at times, but BearTax makes it easy to get the job done. The fact that the software works seamlessly with TurboTax is a huge plus. The only time I’ve had any trouble with BearTax is when I have not imported the data that I need to fill out the report. I’d highly recommend checking out BearTax if you’re looking for a way to make your crypto tax reporting a breeze.
Do you think BearTax delivers good value for the price?
Yes
Are you happy with BearTax's feature set?
Yes
Did BearTax live up to sales and marketing promises?
Yes
Did implementation of BearTax go as expected?
Yes
Would you buy BearTax again?
Yes