What is the difference between using Turbo Tax Free and Turbo Tax Premier for cryptocurrency tax filing?

1 answers

• Dec 28, 2021 · 3 years ago
  Turbo Tax Free and Turbo Tax Premier are two options for cryptocurrency tax filing, each with its own advantages. Turbo Tax Free is a free version that is suitable for individuals with simple tax situations. It allows you to report your cryptocurrency transactions, calculate gains and losses, and generate the necessary tax forms. However, it may not have all the advanced features and support that Turbo Tax Premier offers. Turbo Tax Premier, on the other hand, is a paid version that provides additional features specifically tailored for cryptocurrency tax filing. It may include features like automatic import of transactions from popular exchanges, support for more complex tax scenarios, and access to tax experts for personalized advice. If you have more complex tax situations or want additional support, Turbo Tax Premier may be the better choice for you.
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