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Is there a way to extend the deadline for reporting my digital currency transactions with turbotax?

avatarNikhil BhatJan 08, 2022 · 3 years ago3 answers

I have some digital currency transactions that I need to report with turbotax, but I'm running out of time. Is there any way to extend the deadline for reporting these transactions?

Is there a way to extend the deadline for reporting my digital currency transactions with turbotax?
Digital Currency
Turbotax
Reporting

3 answers

  • avatarJan 08, 2022 · 3 years ago
    Unfortunately, the deadline for reporting digital currency transactions with turbotax is set by the tax authorities and cannot be extended. It's important to make sure you report your transactions accurately and on time to avoid any penalties or legal issues.
  • avatarJan 08, 2022 · 3 years ago
    As of now, there is no official way to extend the deadline for reporting digital currency transactions with turbotax. However, it's always a good idea to consult with a tax professional who can provide guidance on your specific situation.
  • avatarJan 08, 2022 · 3 years ago
    I'm not familiar with turbotax's policies, but at BYDFi, we recommend reporting your digital currency transactions as soon as possible to ensure compliance with tax regulations. It's always best to check with turbotax or a tax professional for any deadline extensions or special circumstances.

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