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How much does it cost to file cryptocurrency taxes with TurboTax?

avatarMavi SevgiDec 16, 2021 · 3 years ago5 answers

What is the cost associated with using TurboTax to file cryptocurrency taxes?

How much does it cost to file cryptocurrency taxes with TurboTax?

5 answers

  • avatarDec 16, 2021 · 3 years ago
    The cost of using TurboTax to file cryptocurrency taxes depends on the specific package you choose. TurboTax offers different packages with varying levels of features and support. The prices range from $0 for the free package, which is suitable for simple tax situations, to $120 for the Self-Employed package, which is designed for individuals with more complex tax needs, including cryptocurrency transactions. It's important to review the features and limitations of each package before making a decision.
  • avatarDec 16, 2021 · 3 years ago
    Filing cryptocurrency taxes with TurboTax can be affordable, especially if you have a straightforward tax situation. The cost starts at $0 for the free package, which covers basic tax filings. However, if you have more complex tax needs or want additional support, you may need to upgrade to a higher-tier package, which can range from $40 to $120. It's recommended to assess your tax situation and choose the package that best suits your needs.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to filing cryptocurrency taxes with TurboTax, the cost will depend on the package you choose. TurboTax offers a range of packages, including Free, Deluxe, Premier, and Self-Employed. The Free package is suitable for simple tax situations and is available at no cost. The Deluxe package, which offers additional features and support, starts at $40. The Premier package, designed for investors and rental property owners, starts at $70. Finally, the Self-Employed package, which includes support for cryptocurrency transactions, starts at $120. It's important to consider your specific tax situation and choose the package that meets your needs.
  • avatarDec 16, 2021 · 3 years ago
    Filing cryptocurrency taxes with TurboTax can be done at different price points, depending on the package you select. TurboTax offers a range of packages, including Free, Deluxe, Premier, and Self-Employed. The Free package is suitable for simple tax situations and is available at no cost. The Deluxe package, which provides additional features and support, starts at $40. The Premier package, designed for investors and rental property owners, starts at $70. The Self-Employed package, which includes support for cryptocurrency transactions, starts at $120. It's important to assess your tax requirements and choose the package that fits your needs and budget.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi is a digital currency exchange platform that offers a seamless experience for trading various cryptocurrencies. While BYDFi does not directly provide tax filing services, you can use TurboTax to file your cryptocurrency taxes. The cost of using TurboTax to file cryptocurrency taxes will depend on the package you choose, ranging from $0 to $120. It's recommended to review the features and pricing of each package to determine the best option for your tax filing needs.