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While Raisin offers a unique and efficient approach to digital savings, it's worth mentioning some other platforms in the same arena that cater to various customer preferences.
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Raisin simplifies your experience with its seamless sign-up process, which connects you with an array of savings products offered by a nationwide network of banks, all under a single login.
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All paid plans include unlimited revisions, unlimited wallet connections, Form 8949 & Schedule D, TurboTax and TaxAct export, comprehensive tax reports, basic portfolio tracking, and email support.
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Each of these platforms presents its unique savings products, highlighting the growing competitiveness in the digital banking landscape
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While Koinly may not have direct integrations with every DeFi platform, users can manually add transactions from unsupported platforms to ensure their tax reports are comprehensive and accurate.
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For instance, those who are already well-established in the savings world, with multiple accounts spread across various financial institutions, might not see additional benefits in using Raisin.
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The paid plans provide comprehensive support to help users navigate the complexities of cryptocurrency tax management more efficiently and effectively.
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Cryptocurrency investments have gained significant popularity in recent years, and with this growth comes the responsibility of reporting capital gains and income when filing annual income taxes.
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This allows you to manage multiple financial products, including savings accounts, money market deposit accounts (MMDAs), and certificates of deposit (CDs), with ease.
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