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A 'gift' transaction is used if you have received cryptocurrency as a gift.
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The calculator uses the data to generate reports which can be exported to a tax software for filing.
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If you earn cryptocurrency by mining it, or. How do you calculate your crypto taxes? This article is part of our crypto tax guide: Crypto tax calculator is a software tool allowing users to calculate taxes on virtual currency trading activity. If you have 2 bitcoin and the selling price is $10,000, then the total sale amount is $10,000 x 2 = $20,000.
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Here comes the importance of cryptocurrency tax software.
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