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How can I report my cryptocurrency earnings on turbotax.com?

avatarFetch Pet Care of Madison SouDec 15, 2021 · 3 years ago1 answers

I need to report my cryptocurrency earnings on turbotax.com. Can you provide me with a step-by-step guide on how to do it?

How can I report my cryptocurrency earnings on turbotax.com?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    Hey there! Reporting your cryptocurrency earnings on turbotax.com is a breeze. Here's what you need to do: 1. Log in to your turbotax.com account and head to the income reporting section. 2. Look for the option to report your 'Virtual Currency' or 'Cryptocurrency' earnings. 3. Enter the total amount of cryptocurrency earnings you made in USD. 4. If you earned different types of cryptocurrencies, report each one separately. 5. Provide any additional information requested, like acquisition dates and cost basis. 6. Take a moment to review your entries for accuracy. 7. Hit the submit button and you're all set! Easy, right? If you have any more questions, feel free to ask!