Collectively, BitPay and ZenLedger convey 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 executed in minutes. Import transactions instantly out of your BitPay Pockets to ZenLedger’s crypto tax software program and generate all of the kinds you 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 price foundation, honest market worth, and features/losses to your transaction historical past
- Tax loss-harvesting instrument for all prospects
- Chat and cellphone assist supplied by ZenLedger 7 days per week
- Routinely generate your crypto tax paperwork
- Full and file your complete tax return with out leaving the ZenLedger platform
How you can use BitPay + ZenLedger to organize your crypto taxes
Importing your transactions and crypto data to the ZenLedger platform is straightforward and safe. This integration is relevant solely to BitPay customers based mostly in the US and Canada.
- For present BitPay customers, ensure you have the newest model of the BitPay Pockets. For brand spanking new customers, obtain the app right here.
- Faucet the ZenLedger button underneath the “Do Extra” part of the BitPay app dwelling display screen.
- You can be prompted to attach your pockets to ZenLedger.
- Log in or create your free ZenLedger account.
- Select the wallets holding the transactions you want to import into ZenLedger.
When you’ve created a ZenLedger account and related your pockets, your transactions will seem inside your ZenLedger dashboard. Now you’re prepared to make use of ZenLedger to organize and file your crypto taxes. Along with crypto taxes, ZenLedger’s partnership with april permits you to full your complete tax return and e-file with out ever leaving the app.
