How can I switch from TurboTax Deluxe to a free option for reporting cryptocurrency transactions?

3 answers

• Feb 19, 2022 · 3 years ago
  If you want to switch from TurboTax Deluxe to a free option for reporting cryptocurrency transactions, there are a few options you can consider. One option is to use a free tax software like FreeTaxUSA or Credit Karma Tax. These platforms offer free filing options for cryptocurrency transactions. Another option is to use a cryptocurrency tax software like CoinTracker or CryptoTrader.Tax, which offer free plans for basic tax reporting. These tools can help you calculate your gains and losses from cryptocurrency transactions and generate the necessary tax forms.
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• Feb 19, 2022 · 3 years ago
  Switching from TurboTax Deluxe to a free option for reporting cryptocurrency transactions is easy. You can start by researching and comparing different tax software options that offer free filing for cryptocurrency transactions. Look for software that is user-friendly and provides accurate calculations for your tax obligations. Once you have chosen a free tax software, you can import your transaction data from TurboTax Deluxe and use the new software to generate your tax forms.
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• Feb 19, 2022 · 3 years ago
  At BYDFi, we understand the importance of finding a free option for reporting cryptocurrency transactions. While we don't offer tax software ourselves, we recommend exploring free tax software options like FreeTaxUSA or Credit Karma Tax. These platforms provide a user-friendly interface and can help you accurately report your cryptocurrency transactions without incurring additional costs. Remember to always consult with a tax professional or accountant to ensure you are meeting your tax obligations.
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