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How many e-files with TurboTax can I use to report my cryptocurrency transactions?

avatarAleem AhmadDec 27, 2021 · 3 years ago3 answers

I am planning to report my cryptocurrency transactions using TurboTax. How many e-files can I use for this purpose?

How many e-files with TurboTax can I use to report my cryptocurrency transactions?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    You can use TurboTax to report your cryptocurrency transactions, and the number of e-files you can use depends on the version of TurboTax you have. TurboTax offers different versions, such as Deluxe, Premier, and Self-Employed. The Deluxe version allows you to e-file up to 5 federal tax returns, while the Premier and Self-Employed versions allow you to e-file up to 12 federal tax returns. So, depending on the version you choose, you can e-file multiple cryptocurrency transactions.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to reporting cryptocurrency transactions with TurboTax, you have the flexibility to e-file multiple transactions. The number of e-files you can use depends on the TurboTax version you have. For example, the Deluxe version allows up to 5 e-files, while the Premier and Self-Employed versions allow up to 12 e-files. So, you can easily report your cryptocurrency transactions using TurboTax without any limitations.
  • avatarDec 27, 2021 · 3 years ago
    If you're using BYDFi, a digital currency exchange, to trade cryptocurrencies, you can report your transactions using TurboTax. The number of e-files you can use depends on the version of TurboTax you have. For example, the Deluxe version allows up to 5 e-files, while the Premier and Self-Employed versions allow up to 12 e-files. So, you can conveniently report your cryptocurrency transactions with TurboTax, regardless of the exchange you use.