What are the different cost-basis reporting methods I can choose from?

LibraTax cannot provide official legal or tax advice. Please consult with a licensed tax preparer to ensure you file and pay taxes correctly. We’ve partnered with several professionals who you may hire. We offer the ability for you to choose from a few different cost-basis methods. Cost basis methods are how you would like to […]

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I can’t figure out how to display or print the information in the form of the tax form (as I see displayed in your demo video). Is the tax form a part of the spreadsheet?

LibraTax cannot provide official legal or tax advice. Please consult with a licensed tax preparer to ensure you file and pay taxes correctly. We’ve partnered with several professionals who you may hire. The spreadsheet can be submitted in substitute of Form 8949 because it’s in the same format. It substantiates the information that will go […]

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How do I write-off losses or expenses related to mining equipment?

LibraTax cannot provide official legal or tax advice. Please consult with a licensed tax preparer to ensure you file and pay taxes correctly. We’ve partnered with several professionals who you may hire. This would not be part of your Schedule D or capital gains/losses, but could potentially be expenses you could itemize on a Schedule […]

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Which forms do I fill out when I’m doing my taxes?

LibraTax cannot provide official legal or tax advice. Please consult with a licensed tax preparer to ensure you file and pay taxes correctly. We’ve partnered with several professionals who you may hire. Assuming you’re filing personal taxes in the United States, and in addition to the main form you’re using to file your tax return […]

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Is the export tax report the one I need to give to my tax preparer?

LibraTax cannot provide official legal or tax advice. Please consult with a licensed tax preparer to ensure you file and pay taxes correctly. We’ve partnered with several professionals who you may hire. Yes – after you’ve imported your transactions and calculated your realized gain or loss, the “Export Tax Report” button will generate a report […]

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