TaxBit to Provide Free Crypto Tax Forms

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Written By Guest User

  • Crypto tax and accounting platform TaxBit has announced their plans to create a TaxBit Network, which will enable free 2021 tax forms for users.

  • The TaxBit Network will include about 20 major crypto related businesses in the United States including PayPal, Binance.US, Coinbase, FTX.US, Gemini, Venmo, and more.

  • Every user of an exchange/company that is part of the network will be able to receive free and accurately generated 2021 tax forms. Users will be able to download a completed IRS Form 8949 and Income reports that will generate information based on all transactions and trades completed on a trade, making the calculation of capital gains and losses effortless.

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