I am new to cryptocurrency and have been trying to set up and use HitBTC's tax report feature for calculating crypto taxes. I understand the general concept of using a tax report feature to calculate my taxes, but I am having trouble with the specifics of setting it up and using it on HitBTC. Does anyone have experience with this and can provide me with some guidance and advice?
I am especially interested in learning how to accurately calculate my taxes based on my cryptocurrency purchases and trades. What information do I need to enter in order to get an accurate report? How do I know which tax rate applies? Any advice on the best way to use the feature would be greatly appreciated.
I am especially interested in learning how to accurately calculate my taxes based on my cryptocurrency purchases and trades. What information do I need to enter in order to get an accurate report? How do I know which tax rate applies? Any advice on the best way to use the feature would be greatly appreciated.