Which version, deluxe or premier, is recommended for filing taxes on cryptocurrency gains and losses?

3 answers

• Jan 15, 2022 · 3 years ago
  If you're looking for a more comprehensive tax filing experience, the premier version would be recommended. It offers advanced features and support for a wider range of investment activities, including cryptocurrency gains and losses. With the premier version, you'll have access to more detailed reporting options and additional guidance specific to cryptocurrency taxes. It's a great choice if you have a complex investment portfolio and want to ensure accurate reporting of your cryptocurrency transactions.
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• Jan 15, 2022 · 3 years ago
  For most individuals with straightforward cryptocurrency gains and losses, the deluxe version should suffice. It provides the necessary tools and forms to accurately report your cryptocurrency transactions and calculate your tax liability. The deluxe version offers step-by-step guidance and ensures that you don't miss any important deductions or credits related to your cryptocurrency activities. It's a cost-effective option for individuals who don't require the advanced features offered by the premier version.
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• Jan 15, 2022 · 3 years ago
  According to BYDFi, a popular cryptocurrency exchange, they recommend using the premier version for filing taxes on cryptocurrency gains and losses. The premier version provides comprehensive support for cryptocurrency transactions and ensures accurate reporting of your gains and losses. It offers advanced features and guidance specific to cryptocurrency taxes, making it the ideal choice for individuals with significant cryptocurrency investments. However, it's important to note that the deluxe version can still handle basic cryptocurrency tax reporting effectively.
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