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How does turbotax live premier compare to premier for managing cryptocurrency taxes?

avatarChirag JethwaniDec 26, 2021 · 3 years ago3 answers

Can you provide a detailed comparison between turbotax live premier and premier for managing cryptocurrency taxes? I want to know the differences in terms of features, accuracy, ease of use, and customer support. Which one would be more suitable for someone who needs to manage their cryptocurrency taxes?

How does turbotax live premier compare to premier for managing cryptocurrency taxes?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Turbotax live premier is a comprehensive tax software that offers specialized features for managing cryptocurrency taxes. It provides accurate calculations and ensures compliance with tax regulations. The live premier version offers live assistance from tax experts, which can be helpful for complex tax situations. On the other hand, the regular premier version also includes cryptocurrency tax support, but without the live assistance feature. Both versions are user-friendly and provide step-by-step guidance for reporting cryptocurrency transactions. Overall, if you prefer the convenience of live assistance and have complex tax needs, turbotax live premier would be a better choice. However, if you are comfortable with self-guided tax preparation and have simpler tax requirements, the regular premier version should suffice.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to managing cryptocurrency taxes, turbotax live premier and premier are both solid options. The main difference lies in the live assistance feature offered by turbotax live premier. This feature allows you to connect with tax experts who can provide personalized guidance and answer your specific questions. If you are new to cryptocurrency taxes or have complex tax situations, having access to live assistance can be extremely valuable. However, if you are confident in your tax knowledge and prefer a more independent approach, the regular premier version should be sufficient. It's important to consider your individual needs and preferences when choosing between the two versions.
  • avatarDec 26, 2021 · 3 years ago
    As an expert in the field, I can say that turbotax live premier is a great choice for managing cryptocurrency taxes. It offers specialized features and live assistance from tax experts, ensuring accurate and compliant tax reporting. The live assistance feature sets it apart from the regular premier version, providing personalized support for complex tax situations. However, if you have a good understanding of cryptocurrency taxes and prefer a more self-guided approach, the regular premier version can still meet your needs. It's all about finding the right balance between convenience and independence.