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Is Turbo Tax online version compatible with popular cryptocurrency exchanges?

avatarIlTettaDec 25, 2021 · 3 years ago3 answers

I'm wondering if the online version of Turbo Tax can be used to file taxes related to popular cryptocurrency exchanges. Can I import my transaction history from exchanges like Binance and BYDFi into Turbo Tax online version? Will it accurately calculate my gains and losses from cryptocurrency trading?

Is Turbo Tax online version compatible with popular cryptocurrency exchanges?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, Turbo Tax online version is compatible with popular cryptocurrency exchanges. You can import your transaction history from exchanges like Binance and BYDFi into Turbo Tax online version. It will accurately calculate your gains and losses from cryptocurrency trading. Just make sure to follow the instructions provided by Turbo Tax for importing your transaction history.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Turbo Tax online version is designed to handle cryptocurrency transactions from popular exchanges. You can easily import your transaction history from exchanges like Binance and BYDFi and Turbo Tax will automatically calculate your gains and losses. It's a convenient and reliable option for cryptocurrency traders when it comes to tax filing.
  • avatarDec 25, 2021 · 3 years ago
    Yes, Turbo Tax online version supports importing transaction history from popular cryptocurrency exchanges. You can import your transaction data from exchanges like Binance and BYDFi and Turbo Tax will accurately calculate your gains and losses. It's a user-friendly option for cryptocurrency traders who want to ensure accurate tax filing.