IDADec 17, 2021 · 3 years ago9 answers What are the tax implications of using TurboTax Deluxe 2021 for cryptocurrency transactions?
I am wondering about the tax implications of using TurboTax Deluxe 2021 specifically for cryptocurrency transactions. Can TurboTax Deluxe accurately handle the complexities of reporting cryptocurrency gains and losses? How does it calculate the tax liability for cryptocurrency transactions? Does it support different types of cryptocurrencies and exchanges? What are the potential risks or limitations of using TurboTax Deluxe for cryptocurrency tax reporting?