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Is it possible to pay for TurboTax with Bitcoin or other cryptocurrencies?

avatarAlexander ShemDec 18, 2021 · 3 years ago7 answers

I am wondering if it is possible to use Bitcoin or other cryptocurrencies to pay for TurboTax. I have been using TurboTax for my tax filing for years, and I am also interested in cryptocurrencies. It would be convenient if I could combine the two. Can anyone provide information on whether TurboTax accepts Bitcoin or other cryptocurrencies as payment?

Is it possible to pay for TurboTax with Bitcoin or other cryptocurrencies?

7 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, it is possible to pay for TurboTax with Bitcoin or other cryptocurrencies. TurboTax has recently started accepting Bitcoin and a few other major cryptocurrencies as payment options. This is a great development for cryptocurrency enthusiasts who want to utilize their digital assets for tax-related expenses. By accepting cryptocurrencies, TurboTax is embracing the growing trend of digital currencies and providing more flexibility for their customers.
  • avatarDec 18, 2021 · 3 years ago
    Unfortunately, TurboTax does not currently accept Bitcoin or other cryptocurrencies as payment. They only accept traditional payment methods such as credit cards, debit cards, and bank transfers. However, it's worth noting that the cryptocurrency industry is constantly evolving, and it's possible that TurboTax may consider adding cryptocurrency payment options in the future.
  • avatarDec 18, 2021 · 3 years ago
    As a representative from BYDFi, a leading cryptocurrency exchange, I can confirm that TurboTax does not currently accept Bitcoin or other cryptocurrencies as payment. However, there are other tax software providers in the market that do accept cryptocurrencies. It's always a good idea to explore different options and choose the one that best suits your needs.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! TurboTax now accepts Bitcoin and several other cryptocurrencies as payment methods. This is a great opportunity for cryptocurrency holders to utilize their digital assets for tax-related expenses. By accepting cryptocurrencies, TurboTax is staying ahead of the curve and catering to the needs of its tech-savvy customers.
  • avatarDec 18, 2021 · 3 years ago
    No, TurboTax does not support Bitcoin or any other cryptocurrencies as payment options. They only accept traditional payment methods like credit cards and bank transfers. However, there are other tax software providers that do accept cryptocurrencies, so you may want to consider exploring those alternatives if you prefer to pay with Bitcoin.
  • avatarDec 18, 2021 · 3 years ago
    Yes, TurboTax does accept Bitcoin and other cryptocurrencies as payment options. This is a convenient feature for cryptocurrency enthusiasts who want to streamline their tax filing process. By accepting cryptocurrencies, TurboTax is embracing the future of digital currencies and providing more options for their users.
  • avatarDec 18, 2021 · 3 years ago
    TurboTax currently does not support Bitcoin or any other cryptocurrencies as payment methods. However, there are other tax software providers that do accept cryptocurrencies. It's always a good idea to compare different options and choose the one that aligns with your preferences and needs.