CryptoElite
Tue Nov 05 2024
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7 answers
1629
Which is not a cryptocurrency?
I'm trying to identify which item in a list is not considered a cryptocurrency. I have a few options and I need to determine the one that stands out as not being a digital asset or a form of electronic currency.
MatthewThomas
Thu Jul 18 2024
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5 answers
1222
Why is TaxAct not a crypto tax calculator?
As a cryptocurrency enthusiast and finance professional, I'm always on the lookout for tools that can help simplify the often complex task of managing my crypto taxes. TaxAct, being a widely used tax preparation software, piqued my interest in its potential as a crypto tax calculator. However, upon further investigation, it seems TaxAct does not offer specific crypto tax calculation features. Why is this? With the rapidly growing popularity of cryptocurrencies and the need for accurate tax reporting, it seems like a missed opportunity for TaxAct to incorporate crypto tax capabilities into their software. I'm curious to understand the reasons behind this decision and whether there are plans to include such functionality in the future.
