Comprehensive Tax Report Generation
CryptaxAI offers a detailed tax report that is accurate, organized, and easy to interpret. The reports are generated in a format compatible with popular tax filing systems, ensuring that users can easily share or submit them with minimal hassle. Each report includes:
Summary of Gains and Losses: An overview section breaks down capital gains and losses, short- and long-term, with clear entries for each transaction type.
Income from Rewards: Any staking, liquidity mining, or yield farming rewards are categorized as income, with timestamps and valuations at the time of accrual.
Complete Transaction Ledger: A transparent, itemized list of all transactions to offer a comprehensive audit trail.
Compliance Checklist: Provides a summary of the report's compliance status, flagging any potentially missed entries or unclassified transactions for added clarity.
User Experience: Users download the report as a single PDF or CSV file and can directly export it to leading tax filing software. The CryptaxAI Bot ensures that every report meets filing standards and offers a "Ready to File" format, even including jurisdiction-specific summaries where possible.
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