Thursday, March 14, 2024

Crypto Taxes Made Easy: BitPay + ZenLedger

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Collectively, BitPay and ZenLedger deliver 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 finished in minutes. Import transactions immediately out of your BitPay Pockets to ZenLedger’s crypto tax software program and generate all of the types you might want to 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, honest market worth, and beneficial properties/losses in your transaction historical past
  • Tax loss-harvesting device for all prospects
  • Chat and telephone help offered by ZenLedger 7 days per week
  • Mechanically 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 organize your crypto taxes

Importing your transactions and crypto data to the ZenLedger platform is simple 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 new customers,  obtain the app right here.
  2. Faucet the ZenLedger button beneath the “Do Extra” part of the BitPay app house display screen.
  3. You’ll 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 linked your pockets, your transactions will seem inside your ZenLedger dashboard. Now you might be prepared to make use of ZenLedger to organize and file your crypto taxes. Along with crypto taxes, ZenLedger’s partnership with april lets you 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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