BitPay and ZenLedger come together to provide simple cryptocurrency tax reporting to all BitPay users. ZenLedger is the IRS’s only source provider of forensic accounting and taxation software for cryptocurrencies, offering advanced features that allow you to process your cryptocurrency taxes in minutes. Import transactions directly from your BitPay wallet into ZenLedger’s cryptocurrency tax software and generate all the forms you need to accurately prepare and file your taxes.
Benefits of Using BitPay + ZenLedger for Cryptocurrency Taxes
- Calculate your DeFi, NFT and cryptocurrency taxes in minutes
- Import transactions directly from BitPay Wallet
- Calculate cost basis, fair market value, and profit/loss for your transaction history.
- Tax Loss Harvesting Tools for All Customers
- ZenLedger offers chat and phone support 7 days a week.
- Automatic generation of cryptocurrency tax documents
- You can complete and submit your entire tax return without leaving the ZenLedger platform.
How to Prepare Cryptocurrency Taxes Using BitPay + ZenLedger
Importing your trading and cryptocurrency information to the ZenLedger platform is easy and secure. This integration only applies to BitPay users based in the US and Canada.
- If you are a current BitPay user, please make sure you have the latest version of BitPay Wallet. New users, download the app here.
- Press the ZenLedger button under the “More” section of the BitPay app home screen.
- You will be prompted to connect your wallet to ZenLedger.
- Log in or create a free ZenLedger account.
- Select the wallet containing the transactions you want to import into ZenLedger.
Once you create a ZenLedger account and connect your wallet, your transactions will appear on your ZenLedger dashboard. You are now ready to prepare and file your cryptocurrency taxes using ZenLedger. In addition to cryptocurrency taxes, ZenLedger’s partnership with April allows you to complete your entire tax return and e-file without leaving the app.
Sign up for a free ZenLedger account
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