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TagsAre there any specific steps to follow when upgrading Turbotax desktop for cryptocurrency tax purposes?
Kamp KockDec 29, 2021 · 3 years ago1 answersI am planning to upgrade my Turbotax desktop software for cryptocurrency tax purposes. Are there any specific steps I need to follow to ensure a smooth upgrade process?
1 answers
- Upgrading Turbotax desktop for cryptocurrency tax purposes requires a few specific steps. Firstly, it's important to back up your previous tax return data to ensure you don't lose any important information. Then, download the latest version of Turbotax desktop software from the official website. Install the software and follow the instructions to complete the upgrade. Once the upgrade is done, import your previous tax return data into the new version. Finally, review and update your cryptocurrency transactions and other relevant information for accurate tax calculations. If you need any help during the upgrade process, Turbotax support is available to assist you.Dec 29, 2021 · 3 years ago
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