James SparraDec 26, 2021 · 3 years ago0 answers How does TurboTax 2011 USA handle cryptocurrency transactions for tax purposes?
Can TurboTax 2011 USA accurately calculate and report cryptocurrency transactions for tax purposes? How does it handle different types of cryptocurrency transactions, such as buying, selling, and mining? Does it support popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin? Is there a specific section or form in TurboTax dedicated to reporting cryptocurrency transactions? Can TurboTax automatically import transaction data from popular cryptocurrency exchanges? How does TurboTax handle the calculation of capital gains and losses for cryptocurrency transactions?