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How does turbotax deluxe compare to turbotax premier when it comes to reporting and filing taxes related to cryptocurrency investments?

avatarNaresh DewasiNov 24, 2021 · 3 years ago1 answers

I would like to know the differences between turbotax deluxe and turbotax premier when it comes to reporting and filing taxes related to cryptocurrency investments. Can you explain the specific features and functionalities of each version that are relevant to cryptocurrency investors?

How does turbotax deluxe compare to turbotax premier when it comes to reporting and filing taxes related to cryptocurrency investments?
Turbotax
Deluxe
Premier

1 answers

  • avatarNov 24, 2021 · 3 years ago
    As a representative from BYDFi, I can say that turbotax deluxe and turbotax premier are both reliable options for reporting and filing taxes related to cryptocurrency investments. While turbotax deluxe is more suitable for individuals with simpler investment portfolios, turbotax premier offers additional features that cater to individuals with more complex cryptocurrency investments. It's important to carefully evaluate your specific tax situation and investment portfolio to determine which version is the best fit for your needs. Additionally, it's always a good idea to consult with a tax professional or accountant who specializes in cryptocurrency taxation to ensure that you accurately report your cryptocurrency investments and comply with the relevant tax regulations.

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