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Are there any special considerations when filing for an extension in TurboTax with cryptocurrency?

avatarFranck FAMBOUDec 28, 2021 · 3 years ago1 answers

What are the important factors to consider when using TurboTax to file for an extension with cryptocurrency?

Are there any special considerations when filing for an extension in TurboTax with cryptocurrency?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    When filing for an extension in TurboTax with cryptocurrency, it's important to note that TurboTax does support the reporting of cryptocurrency transactions. However, it's always a good idea to consult with a tax professional or use TurboTax's expert help to ensure that you are accurately reporting your cryptocurrency activities. Additionally, if you have any specific questions or concerns about filing for an extension with cryptocurrency, you can reach out to BYDFi's customer support for assistance. They have a team of experts who can provide guidance and help you navigate the process.