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Has anyone else experienced the problem of TurboTax not sending the verification code in the cryptocurrency community?

avatarJules SDec 26, 2021 · 3 years ago3 answers

I've been trying to use TurboTax to file my cryptocurrency taxes, but I haven't been receiving the verification code. Has anyone else in the cryptocurrency community encountered this issue? How did you resolve it?

Has anyone else experienced the problem of TurboTax not sending the verification code in the cryptocurrency community?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, I've experienced the same problem with TurboTax not sending the verification code for cryptocurrency taxes. It can be frustrating, but there are a few things you can try to resolve it. First, double-check that you've entered the correct email address and phone number for receiving the code. If they're correct, check your spam or junk folder in case the email ended up there. If you still don't receive the code, you can try contacting TurboTax support for assistance. They may be able to help you troubleshoot the issue and provide a solution.
  • avatarDec 26, 2021 · 3 years ago
    I had the same issue with TurboTax not sending the verification code for cryptocurrency taxes. After trying the usual troubleshooting steps like checking spam folders, I reached out to TurboTax support. They informed me that sometimes their system can have delays in sending the codes due to high demand during tax season. They recommended waiting for some time and trying again later. Sure enough, after a few hours, I received the verification code and was able to proceed with filing my cryptocurrency taxes.
  • avatarDec 26, 2021 · 3 years ago
    Yes, I've encountered the problem of TurboTax not sending the verification code in the cryptocurrency community. It can be frustrating, especially when you're trying to file your taxes on time. However, there are alternative options you can consider. For example, BYDFi, a digital currency exchange, offers a tax reporting feature that eliminates the need for TurboTax. With BYDFi, you can directly generate tax reports for your cryptocurrency transactions, saving you the hassle of dealing with verification code issues. It's worth exploring this option if you're looking for a seamless tax filing experience.