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How can I use turbotax deluxe state efile to report my cryptocurrency earnings?

avatarAhmad AlayasrahDec 27, 2021 · 3 years ago1 answers

I am using turbotax deluxe state efile to file my taxes this year, and I have earned some income from cryptocurrency. How can I use turbotax deluxe state efile to report my cryptocurrency earnings?

How can I use turbotax deluxe state efile to report my cryptocurrency earnings?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    When it comes to reporting your cryptocurrency earnings, turbotax deluxe state efile is a reliable option. Here's how you can use it: 1. Open turbotax deluxe state efile and start a new tax return. 2. Navigate to the section for reporting income and select the category for cryptocurrency earnings. 3. Enter the total amount of earnings you have made from cryptocurrency. 4. Provide any necessary supporting documents, such as transaction records or wallet statements. 5. Double-check your entries for accuracy. 6. Proceed with the tax filing process as guided by turbotax deluxe state efile. By following these steps, you can ensure that your cryptocurrency earnings are properly reported using turbotax deluxe state efile.