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What are the latest versions of TurboTax that support cryptocurrency tax reporting in 2021?

avatarNobleFINALDec 25, 2021 · 3 years ago5 answers

I need to file my cryptocurrency taxes for 2021 and I want to use TurboTax. Can you tell me which are the latest versions of TurboTax that support cryptocurrency tax reporting?

What are the latest versions of TurboTax that support cryptocurrency tax reporting in 2021?

5 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! The latest versions of TurboTax that support cryptocurrency tax reporting in 2021 are TurboTax Premier and TurboTax Self-Employed. These versions have specific features and guidance for reporting cryptocurrency transactions and calculating your tax liability. They can help you accurately report your gains, losses, and any other relevant information related to your cryptocurrency activities. Make sure to update your TurboTax software to the latest version to access these features.
  • avatarDec 25, 2021 · 3 years ago
    Hey there! If you're looking to report your cryptocurrency taxes using TurboTax, you're in luck. The latest versions that support cryptocurrency tax reporting in 2021 are TurboTax Premier and TurboTax Self-Employed. These versions have all the necessary tools and guidance to help you accurately report your cryptocurrency transactions and comply with tax regulations. Don't forget to keep track of your transactions and consult with a tax professional if you have any specific questions.
  • avatarDec 25, 2021 · 3 years ago
    No worries, I got you covered! The latest versions of TurboTax that support cryptocurrency tax reporting in 2021 are TurboTax Premier and TurboTax Self-Employed. These versions have integrated features to simplify the process of reporting your cryptocurrency transactions and ensuring compliance with tax laws. They provide step-by-step guidance and help you calculate your tax liability accurately. Remember to keep records of your transactions and consult with a tax advisor if needed. Happy filing!
  • avatarDec 25, 2021 · 3 years ago
    TurboTax Premier and TurboTax Self-Employed are the latest versions that support cryptocurrency tax reporting in 2021. These versions are designed to assist individuals who have engaged in cryptocurrency transactions and need to report them for tax purposes. With TurboTax Premier and TurboTax Self-Employed, you can easily import your cryptocurrency transaction data and receive guidance on how to accurately report your gains and losses. It's important to stay up to date with the latest version of TurboTax to ensure you have access to all the relevant features.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, recommends using TurboTax Premier or TurboTax Self-Employed for cryptocurrency tax reporting in 2021. These versions have been updated to include specific features and guidance for accurately reporting your cryptocurrency transactions. With TurboTax Premier or TurboTax Self-Employed, you can easily import your transaction data and ensure compliance with tax regulations. Remember to keep track of your transactions and consult with a tax professional for personalized advice.