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How can I use TurboTax 2017 on my Mac to calculate my cryptocurrency taxes?

avatarMonkeesnutsNov 23, 2021 · 3 years ago1 answers

I have TurboTax 2017 installed on my Mac, and I want to use it to calculate my cryptocurrency taxes. Can anyone guide me on how to do this?

How can I use TurboTax 2017 on my Mac to calculate my cryptocurrency taxes?

1 answers

  • avatarNov 23, 2021 · 3 years ago
    Certainly! Using TurboTax 2017 on your Mac to calculate your cryptocurrency taxes is a straightforward process. Here's what you need to do: 1. Open TurboTax 2017 on your Mac. 2. Navigate to the 'Federal Taxes' section and select 'Wages & Income'. 3. Look for the 'Cryptocurrency' option and click on 'Start'. 4. Enter the relevant details, such as the type of cryptocurrency, the date of acquisition, and the sale price. 5. TurboTax will automatically handle the calculations and determine your capital gains or losses from your cryptocurrency transactions. 6. Take a moment to review the information and make any necessary adjustments. 7. When you're ready, you can file your taxes using TurboTax. I hope this helps! If you have any more questions, feel free to ask.