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How can I file an extension for my cryptocurrency taxes using TurboTax?

avatarMcConnell OvesenDec 30, 2021 · 3 years ago1 answers

I need to file an extension for my cryptocurrency taxes using TurboTax. Can you guide me through the process?

How can I file an extension for my cryptocurrency taxes using TurboTax?

1 answers

  • avatarDec 30, 2021 · 3 years ago
    Absolutely! Filing an extension for your cryptocurrency taxes using TurboTax is a piece of cake. Just follow these steps: 1. Log in to your TurboTax account. 2. Navigate to the 'Federal Taxes' section and find the 'File an Extension' option. 3. Provide the necessary details, including your personal information and the reason for the extension. 4. Select 'Income Taxes' as the type of tax you're extending. 5. If you owe taxes, make sure to estimate the amount and submit the payment before the tax deadline. 6. Review all the information and submit your extension request. There you go! You've successfully filed an extension for your cryptocurrency taxes using TurboTax. If you need further assistance, feel free to ask!