• CoinTracker, a market leader in cryptocurrency tax and portfolio tracking for consumers, announced its partnership with H&R Block for the 2023 tax season.
• The partnership enables automated crypto tax filing capabilities to help users remain compliant and simplify the DIY process.
• Benefits of the partnership include a free CoinTracker tax plan for those with fewer than 25 crypto transactions, as well as a 10% discount on all plans.
CoinTracker Partners With H&R Block to Streamline Crypto Tax Filing Process
CoinTracker, a market leader in cryptocurrency tax and portfolio tracking for consumers, has announced its partnership with H&R Block for the 2023 tax season. This collaboration simplifies the DIY crypto tax filing process by eliminating complexities associated with manual entry and providing automated solutions that ensure accuracy and compliance.
Efficient Crypto Tax Filing
Through this partnership, users can now leverage automated crypto tax filing capabilities to ensure an efficient, accurate, and simple experience when filing their taxes related to digital asset holdings. As regulatory guidelines continue to evolve, it is essential that users have access to proper tooling and resources that allow them to manage their taxes in an efficient manner.
By partnering with H&R Block, CoinTracker is helping bring convenience to the crypto tax filing process by eliminating manual data entry of taxable transactions from Form 8949 when using online DIY filing processes. Other benefits include a free CoinTracker tax plan for those with fewer than 25 crypto transactions as well as a 10% discount on all plans.
H&R Block’s Growing Popularity Among Crypto Users
In 2022 alone, H&R Block saw an 85% rise in clients who reported crypto transactions – highlighting the need for simplified resources that help people understand how gains and losses are taxed. By partnering with CoinTracker, users can now file their taxes more quickly while remaining confident they are getting every dollar they deserve come refund time.
The partnership between CoinTracker and H&R Block brings much-needed simplicity to the complex realm of cryptocurrency taxes while ensuring compliance along the way. Through this collaboration, users have access to convenient tools that make calculating cost basis easier while taking advantage of discounts not available elsewhere.