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I spent 10-15 hours (mostly in Ledger) figuring out what my Bitcoin tax liability was. Not (mostly) Ledger's fault that it took so long. Now that I know what I'm doing, I should be able to do this year in just a few hours.


Ledger appears to be the "prescribed" way to do accounting natively in Bitcoin/other cryptocurrencies as well. I investigated this earlier this year. Quicken is out, no support and no way to add it in. And I found that GNUCash can't handle bitcoin's level of divisibility, and is tied to ISO currency codes. Ledger doesn't care about any of that.


What do you mean by 'divisibility'?


Probably the use of tiny fractions of a Bitcoin in transactions.




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