Nikita GuptaDec 16, 2021 · 3 years ago1 answers What are the tax implications of using Turbo Tax for cryptocurrency transactions?
I'm considering using Turbo Tax to file my taxes this year, but I'm not sure how it handles cryptocurrency transactions. What are the tax implications of using Turbo Tax for cryptocurrency transactions? Can it accurately calculate my gains and losses? Will it support reporting of different types of cryptocurrency transactions, such as mining, staking, and trading? I want to make sure I comply with tax regulations and accurately report my cryptocurrency activities.