What are the best TurboTax editions for cryptocurrency investors?

3 answers

• Dec 18, 2021 · 3 years ago
  As a cryptocurrency investor, you have a few options when it comes to TurboTax editions. The most popular ones for cryptocurrency investors are TurboTax Premier and TurboTax Self-Employed. These editions offer specific features and guidance for investors and self-employed individuals, which can be very helpful for managing your cryptocurrency investments and tax obligations. They provide step-by-step instructions and ensure accurate calculations for your cryptocurrency transactions. Additionally, TurboTax Premier offers expert help and guidance on investment-related tax questions.
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• Dec 18, 2021 · 3 years ago
  When it comes to TurboTax editions for cryptocurrency investors, TurboTax Premier is often recommended. It is designed for investors and provides extra guidance and support for reporting investment income, including cryptocurrency transactions. With TurboTax Premier, you can easily import your cryptocurrency transaction data from popular exchanges and wallets, and the software will automatically calculate your gains and losses. It also provides guidance on how to report your cryptocurrency holdings and any taxable events that occurred throughout the year.
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• Dec 18, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, recommends TurboTax Premier for cryptocurrency investors. This edition is specifically designed to handle the complexities of cryptocurrency transactions and provides accurate tax calculations. TurboTax Premier offers step-by-step guidance on reporting your cryptocurrency investments and ensures that you comply with tax regulations. It also provides additional support for investment-related tax questions and offers expert help if needed. With TurboTax Premier, you can confidently file your taxes as a cryptocurrency investor.
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