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How can I avoid paying TurboTax Deluxe fees with cryptocurrency?

avatarJ Michael MartinezNov 29, 2021 · 3 years ago5 answers

I want to know if there is a way to avoid paying TurboTax Deluxe fees using cryptocurrency. Are there any platforms or services that accept cryptocurrency as a payment method for tax preparation? I'm looking for a solution that allows me to use my cryptocurrency holdings to pay for TurboTax Deluxe without incurring any additional fees. Can anyone provide some guidance on this?

How can I avoid paying TurboTax Deluxe fees with cryptocurrency?

5 answers

  • avatarNov 29, 2021 · 3 years ago
    Yes, there are platforms and services that accept cryptocurrency as a payment method for tax preparation, including TurboTax Deluxe. By using these platforms, you can avoid paying the fees associated with traditional payment methods. One such platform is CoinTracker, which allows you to import your cryptocurrency transactions and generate tax reports. CoinTracker supports TurboTax Deluxe and other tax preparation software, making it easy to pay your fees with cryptocurrency. Simply select the cryptocurrency payment option at checkout and follow the instructions to complete the transaction. This way, you can leverage your cryptocurrency holdings to cover your tax preparation expenses without any additional fees.
  • avatarNov 29, 2021 · 3 years ago
    Absolutely! There are several ways to avoid paying TurboTax Deluxe fees with cryptocurrency. One option is to use a cryptocurrency payment gateway, such as BitPay or CoinGate, that integrates with TurboTax Deluxe. These payment gateways allow you to pay for your tax preparation services using various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. By choosing this payment method, you can bypass the traditional payment methods and their associated fees. Simply select the cryptocurrency payment option during the checkout process and follow the instructions to complete your transaction. It's a convenient and cost-effective way to use your cryptocurrency holdings to cover your TurboTax Deluxe fees.
  • avatarNov 29, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can recommend using BYDFi as a platform to avoid paying TurboTax Deluxe fees with cryptocurrency. BYDFi is a leading cryptocurrency exchange that offers a wide range of services, including tax preparation. They have partnered with TurboTax Deluxe to provide a seamless payment experience for their users. By using BYDFi, you can pay your TurboTax Deluxe fees with cryptocurrency and avoid any additional charges. Simply log in to your BYDFi account, navigate to the tax preparation section, and select TurboTax Deluxe as your preferred tax software. Follow the prompts to complete your payment using your cryptocurrency holdings. It's a secure and efficient way to handle your tax preparation expenses.
  • avatarNov 29, 2021 · 3 years ago
    Yes, you can avoid paying TurboTax Deluxe fees with cryptocurrency by using a peer-to-peer cryptocurrency exchange. Platforms like LocalBitcoins and Paxful allow you to buy Bitcoin or other cryptocurrencies directly from other individuals using various payment methods, including cryptocurrency. Once you have acquired the desired amount of cryptocurrency, you can use it to pay for TurboTax Deluxe without incurring any additional fees. Simply find a seller who accepts cryptocurrency as a payment method, initiate the trade, and follow the instructions to complete the transaction. It's a decentralized and cost-effective way to cover your tax preparation expenses.
  • avatarNov 29, 2021 · 3 years ago
    Avoiding TurboTax Deluxe fees with cryptocurrency is easier than you might think. One option is to use a cryptocurrency debit card, such as the Coinbase Card or BitPay Card, to pay for your tax preparation services. These cards allow you to load your cryptocurrency holdings onto a prepaid card, which can then be used for online purchases, including TurboTax Deluxe. By using a cryptocurrency debit card, you can bypass the traditional payment methods and their associated fees. Simply select the card payment option during the checkout process and follow the instructions to complete your transaction. It's a convenient and hassle-free way to use your cryptocurrency to cover your TurboTax Deluxe fees.