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Crypto Taxes Made Easy: BitPay + ZenLedger

SB Crypto Guru News by SB Crypto Guru News
February 16, 2024
in Bitcoin
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Crypto Taxes Made Easy: BitPay + ZenLedger


Collectively, BitPay and ZenLedger carry easy crypto tax submitting to all BitPay customers. ZenLedger is the IRS’ sole supply supplier of forensic accounting and taxation software program for cryptocurrencies, providing superior options to get your crypto taxes completed in minutes. Import transactions immediately out of your BitPay Pockets to ZenLedger’s crypto tax software program and generate all of the types that you must put together and file your taxes precisely.

Advantages of utilizing BitPay + ZenLedger for crypto taxes

  • Calculate your DeFi, NFT, and crypto taxes in minutes
  • Import transactions straight from the BitPay Pockets
  • Calculate value foundation, truthful market worth, and features/losses in your transaction historical past
  • Tax loss-harvesting software for all clients
  • Chat and telephone help offered by ZenLedger 7 days every week
  • Routinely generate your crypto tax paperwork
  • Full and file your complete tax return with out leaving the ZenLedger platform

Find out how to use BitPay + ZenLedger to arrange your crypto taxes

Importing your transactions and crypto information to the ZenLedger platform is straightforward and safe. This integration is relevant solely to BitPay customers primarily based in america and Canada.

  1. For present BitPay customers, be sure you have the newest model of the BitPay Pockets. For brand spanking new customers,  obtain the app right here.
  2. Faucet the ZenLedger button underneath the “Do Extra” part of the BitPay app residence display.
  3. You can be prompted to attach your pockets to ZenLedger.
  4. Log in or create your free ZenLedger account.
  5. Select the wallets holding the transactions you want to import into ZenLedger.

When you’ve created a ZenLedger account and related your pockets, your transactions will seem inside your ZenLedger dashboard. Now you might be prepared to make use of ZenLedger to arrange and file your crypto taxes. Along with crypto taxes, ZenLedger’s partnership with april means that you can full your complete tax return and e-file with out ever leaving the app.



Signal Up For Your Free ZenLedger Account



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Tags: Bitcoin NewsBitPayCryptoCrypto NewsCrypto UpdatesLatest News on CryptoSB Crypto Guru NewsSimpleTaxesZenLedger
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