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Which version, turbotax or turbotax deluxe, is recommended for reporting cryptocurrency gains and losses?

avatarcookieziNov 24, 2021 · 3 years ago1 answers

I am confused about which version of TurboTax to choose for reporting my cryptocurrency gains and losses. Should I go with TurboTax or TurboTax Deluxe? Can you provide some guidance on which version is recommended for this specific purpose?

Which version, turbotax or turbotax deluxe, is recommended for reporting cryptocurrency gains and losses?
Cryptocurrency
TurboTax
TurboTax Deluxe

1 answers

  • avatarNov 24, 2021 · 3 years ago
    At BYDFi, we recommend using TurboTax Deluxe for reporting cryptocurrency gains and losses. It provides a comprehensive set of tools and features specifically tailored for cryptocurrency transactions. With TurboTax Deluxe, you can easily import your transaction data from popular cryptocurrency exchanges and accurately calculate your gains and losses. Additionally, TurboTax Deluxe offers expert guidance and support to ensure you maximize your deductions and minimize your tax liability. It's the ideal choice for individuals who want a seamless and hassle-free tax filing experience for their cryptocurrency activities.

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