How can I file my cryptocurrency taxes on a Mac using TurboTax in 2017?

4 answers

• Dec 16, 2021 · 3 years ago
  Sure, I can help you with that! To file your cryptocurrency taxes on a Mac using TurboTax in 2017, follow these steps: 1. Open TurboTax on your Mac. 2. Select the 'Federal Taxes' tab and click on 'Wages & Income'. 3. Scroll down and click on 'Start' next to 'Investment Income'. 4. On the next page, click on 'Start' next to 'Stocks, Mutual Funds, Bonds, Other'. 5. Select 'I'll choose what I work on'. 6. Scroll down and select 'Cryptocurrency'. 7. Follow the prompts to enter your cryptocurrency transactions, including buys, sells, and trades. 8. TurboTax will automatically calculate your gains and losses based on the information you provide. 9. Continue through the rest of the TurboTax interview process to complete your tax return. Remember to keep track of your cryptocurrency transactions throughout the year, including the date, type, and value of each transaction. This will make it easier to accurately report your taxes. Good luck with your filing!
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• Dec 16, 2021 · 3 years ago
  Filing cryptocurrency taxes on a Mac using TurboTax in 2017 is a straightforward process. Here's a quick guide: 1. Launch TurboTax on your Mac. 2. Go to the 'Federal Taxes' section and click on 'Wages & Income'. 3. Scroll down and click on 'Start' next to 'Investment Income'. 4. On the next page, click on 'Start' next to 'Stocks, Mutual Funds, Bonds, Other'. 5. Choose 'I'll choose what I work on'. 6. Scroll down and select 'Cryptocurrency'. 7. Follow the instructions to enter your cryptocurrency transactions, including purchases, sales, and trades. 8. TurboTax will automatically calculate your gains and losses based on the information provided. 9. Complete the rest of the TurboTax interview to finalize your tax return. Make sure to have all the necessary documentation, such as transaction records and receipts, to ensure accurate reporting. If you have any specific questions or need further assistance, feel free to ask!
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• Dec 16, 2021 · 3 years ago
  Filing cryptocurrency taxes on a Mac using TurboTax in 2017 is a breeze. Just follow these steps: 1. Open TurboTax on your Mac. 2. Click on the 'Federal Taxes' tab and select 'Wages & Income'. 3. Scroll down and click on 'Start' next to 'Investment Income'. 4. On the next page, click on 'Start' next to 'Stocks, Mutual Funds, Bonds, Other'. 5. Choose 'I'll choose what I work on'. 6. Scroll down and select 'Cryptocurrency'. 7. Enter your cryptocurrency transactions, including buys, sells, and trades, as prompted. 8. TurboTax will handle the calculations for your gains and losses automatically. 9. Complete the rest of the TurboTax interview to finish your tax return. Remember to keep accurate records of your cryptocurrency transactions throughout the year. If you have any further questions, feel free to reach out to BYDFi's support team for assistance.
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• Dec 16, 2021 · 3 years ago
  Filing your cryptocurrency taxes on a Mac using TurboTax in 2017 is as easy as pie! Just follow these steps: 1. Fire up TurboTax on your Mac. 2. Go to the 'Federal Taxes' section and click on 'Wages & Income'. 3. Scroll down and click on 'Start' next to 'Investment Income'. 4. On the next page, click on 'Start' next to 'Stocks, Mutual Funds, Bonds, Other'. 5. Choose 'I'll choose what I work on'. 6. Scroll down and select 'Cryptocurrency'. 7. Enter your cryptocurrency transactions, including purchases, sales, and trades, as instructed. 8. TurboTax will do the heavy lifting and calculate your gains and losses for you. 9. Complete the rest of the TurboTax interview to wrap up your tax return. Remember to keep track of your cryptocurrency transactions throughout the year. If you have any questions, don't hesitate to ask!
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