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How can I use TurboTax Premier for Mac to calculate my cryptocurrency gains and losses?

avatarOmey MacDec 16, 2021 · 3 years ago1 answers

I recently started trading cryptocurrencies and I'm using TurboTax Premier for Mac to manage my taxes. Can anyone guide me on how to use TurboTax Premier for Mac to accurately calculate my cryptocurrency gains and losses?

How can I use TurboTax Premier for Mac to calculate my cryptocurrency gains and losses?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    Using TurboTax Premier for Mac to calculate your cryptocurrency gains and losses is a breeze! Just follow these simple steps: 1. Open TurboTax Premier for Mac and navigate to the investment income section. 2. Look for the option to add cryptocurrency transactions. 3. Enter the necessary details for each transaction, such as the date, type, and amount. 4. TurboTax will automatically calculate the gains or losses based on the market value. 5. Make sure to include all your cryptocurrency transactions to get an accurate calculation. 6. TurboTax will generate a comprehensive report with the total gains or losses. Remember to consult with a tax professional for any specific tax advice. I hope this information is helpful! Let me know if you have any other questions.