Are there any turbo tax versions specifically designed for tracking and calculating taxes on digital currencies?

3 answers

• Nov 25, 2021 · 3 years ago
  Yes, there are tax software options available that can help you with tracking and calculating taxes on digital currencies. One popular option is TurboTax Premier, which offers support for cryptocurrency transactions. With TurboTax Premier, you can import your cryptocurrency transactions and the software will automatically calculate your gains or losses. It also provides guidance on how to report your cryptocurrency earnings on your tax return. This can save you time and ensure accuracy in your tax reporting.
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• Nov 25, 2021 · 3 years ago
  Unfortunately, TurboTax does not have a version specifically designed for tracking and calculating taxes on digital currencies. However, you can still use TurboTax to report your cryptocurrency earnings. You will need to manually enter your transactions and calculate your gains or losses. TurboTax provides guidance on how to report cryptocurrency earnings on your tax return, so you can still accurately report your earnings and comply with tax regulations.
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• Nov 25, 2021 · 3 years ago
  Yes, there are tax software options available that are specifically designed for tracking and calculating taxes on digital currencies. One such option is BYDFi Tax Tracker. BYDFi Tax Tracker is a comprehensive tax software that specializes in cryptocurrency tax reporting. It allows you to import your cryptocurrency transactions from various exchanges, automatically calculates your gains or losses, and generates tax reports. It also provides guidance on how to report your cryptocurrency earnings on your tax return. With BYDFi Tax Tracker, you can ensure accurate and efficient tax reporting for your digital currency investments.
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