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What is the latest version of TurboTax for cryptocurrency transactions?

avatarElian CesarDec 27, 2021 · 3 years ago3 answers

I'm wondering what the most recent version of TurboTax is that supports cryptocurrency transactions. Can anyone provide me with the latest version number and any updates or changes that have been made specifically for cryptocurrency tax reporting?

What is the latest version of TurboTax for cryptocurrency transactions?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The latest version of TurboTax that supports cryptocurrency transactions is TurboTax Deluxe 2021. This version includes all the necessary tools and features to accurately report your cryptocurrency activities for tax purposes. It has been updated to accommodate the latest tax regulations and guidelines related to cryptocurrencies. Make sure to download the latest updates to ensure you have the most up-to-date information.
  • avatarDec 27, 2021 · 3 years ago
    As of now, the latest version of TurboTax for cryptocurrency transactions is TurboTax Premier 2021. This version is specifically designed for individuals who have more complex cryptocurrency tax situations, such as trading on multiple exchanges or mining. It provides step-by-step guidance and ensures accurate reporting of your cryptocurrency activities. Don't forget to check for any updates or patches to stay compliant with the latest tax laws.
  • avatarDec 27, 2021 · 3 years ago
    According to BYDFi, the latest version of TurboTax for cryptocurrency transactions is TurboTax Home & Business 2021. This version is suitable for individuals who are actively involved in cryptocurrency trading as a business or self-employed. It offers advanced features for reporting business income, expenses, and capital gains from cryptocurrency activities. Stay tuned for any future updates or enhancements to further streamline the tax reporting process.