What are the steps to enter cryptocurrency transactions in Turbotax desktop?

1 answers

• Mar 01, 2022 · 3 years ago
  Certainly! Here's a step-by-step guide to entering cryptocurrency transactions in Turbotax desktop: 1. Open Turbotax desktop and navigate to the section for investment income or capital gains and losses. 2. Look for the option to add a new transaction or import transactions from a cryptocurrency exchange. 3. Fill in the details of your cryptocurrency transaction, including the date, type of transaction (buy, sell, trade), amount, and cost basis. 4. Repeat the process for each additional transaction you have. 5. Review the entered information for accuracy and make any necessary adjustments. 6. Save your entries and proceed with the rest of your tax return. I hope this guide helps! If you have any more questions, feel free to ask.
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