How can I use turbotax 2023 deluxe to calculate my cryptocurrency taxes?

1 answers

• Dec 25, 2021 · 3 years ago
  Using turbotax 2023 deluxe to calculate your cryptocurrency taxes is a smart move. Here's a step-by-step guide: 1. Open turbotax 2023 deluxe and start a new tax return. 2. Enter your personal information and income details. 3. In the investment income section, select cryptocurrency as the source. 4. Provide the necessary information about your cryptocurrency transactions, such as the type of cryptocurrency, purchase date, and sale price. 5. Turbotax will automatically calculate your gains or losses based on the information you provide. 6. Complete the rest of your tax return, including any other income and deductions. 7. Review your return for accuracy and submit it to the IRS. That's it! Turbotax 2023 deluxe will handle the calculations for you, ensuring your cryptocurrency taxes are calculated correctly.
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