Cost Basis Method vs Crypto Tax Software
Quick comparison to help you distinguish these two crypto terms.
Cost Basis Method
intermediate
strategy
An accounting rule that determines which specific cryptocurrency units are considered sold during a disposal, establishing the cost basis used to calculate the resulting taxable capital gain or loss.
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beginner
fundamentals
A specialised software platform that imports cryptocurrency transaction histories, calculates capital gains and losses using selected accounting methods, and generates tax forms ready for filing.
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