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How can I file my cryptocurrency taxes for free with TurboTax?

avatarSpitfireDec 17, 2021 · 3 years ago1 answers

I'm looking for a way to file my cryptocurrency taxes for free using TurboTax. Can anyone provide me with a step-by-step guide on how to do it?

How can I file my cryptocurrency taxes for free with TurboTax?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Here's a step-by-step guide to help you file your cryptocurrency taxes for free using TurboTax: 1. Log in to your TurboTax account or create a new one. 2. Start a new tax return and select the appropriate filing status. 3. When asked about your income sources, choose the option for cryptocurrency or virtual currency. 4. Follow the instructions to import your cryptocurrency transactions from your exchange or wallet. 5. Review the imported transactions and make any necessary adjustments. 6. Complete the rest of your tax return, including any other income, deductions, and credits. 7. Review your tax return for accuracy. 8. File your tax return electronically or print and mail it if required. That's it! You've successfully filed your cryptocurrency taxes for free with TurboTax. If you need further assistance, feel free to ask!