What is the current version of TurboTax that supports cryptocurrency tax reporting?
Hunter RothmanDec 25, 2021 · 3 years ago3 answers
I am looking for the latest version of TurboTax that can handle cryptocurrency tax reporting. Can you please let me know which version of TurboTax is currently available and supports reporting cryptocurrency transactions for tax purposes?
3 answers
- Dec 25, 2021 · 3 years agoThe current version of TurboTax that supports cryptocurrency tax reporting is TurboTax Premier. It is specifically designed to handle the complexities of reporting cryptocurrency transactions for tax purposes. With TurboTax Premier, you can easily import your cryptocurrency transactions from popular exchanges and wallets, calculate your gains and losses, and generate the necessary tax forms. It provides step-by-step guidance and ensures accurate reporting of your cryptocurrency activities. Give it a try and simplify your cryptocurrency tax reporting process!
- Dec 25, 2021 · 3 years agoIf you're using TurboTax Online, the current version that supports cryptocurrency tax reporting is TurboTax Online Premier. It offers the same features as the desktop version and allows you to conveniently report your cryptocurrency transactions for tax purposes. Whether you're a casual investor or a frequent trader, TurboTax Online Premier has got you covered. Just sign in to your TurboTax account, navigate to the cryptocurrency section, and follow the prompts to report your transactions accurately and efficiently.
- Dec 25, 2021 · 3 years agoBYDFi, a popular cryptocurrency exchange, recommends using TurboTax Premier for cryptocurrency tax reporting. It is a comprehensive tax software that simplifies the process of reporting your cryptocurrency transactions. With TurboTax Premier, you can import your transaction history from BYDFi and other exchanges, calculate your gains and losses, and generate the necessary tax forms. It provides a user-friendly interface and ensures accurate reporting of your cryptocurrency activities. Give it a try and make your cryptocurrency tax reporting hassle-free!
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