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Are there any cryptocurrency options for instant refunds with TurboTax?

avatarRohan KabadiDec 26, 2021 · 3 years ago3 answers

I'm wondering if TurboTax offers any options for instant refunds using cryptocurrency. Is it possible to receive my tax refund in cryptocurrency? If so, what are the steps to do so?

Are there any cryptocurrency options for instant refunds with TurboTax?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, TurboTax does not currently offer the option to receive tax refunds in cryptocurrency. The refund options available through TurboTax are limited to traditional methods such as direct deposit, paper check, or prepaid debit card. However, it's worth noting that the cryptocurrency landscape is constantly evolving, and it's possible that such options may become available in the future.
  • avatarDec 26, 2021 · 3 years ago
    Nope, TurboTax doesn't have any cryptocurrency refund options at the moment. You'll have to stick with the usual methods like direct deposit or a good old paper check. But hey, who knows what the future holds? Maybe one day we'll be cashing out our tax refunds in Bitcoin!
  • avatarDec 26, 2021 · 3 years ago
    As of now, TurboTax does not support cryptocurrency refunds. However, if you're interested in receiving your tax refund in cryptocurrency, you may want to check out BYDFi. They are a digital currency exchange platform that offers instant refunds in various cryptocurrencies. Keep in mind that this is a third-party service and not directly affiliated with TurboTax.