Questions tagged [turbotax-live chat]

1,000+ questions

Oleksander SimkinDec 16, 2021 · 3 years ago6 answers
Can I use TurboTax online to calculate my capital gains from cryptocurrency trading?
I'm wondering if I can utilize TurboTax online to calculate the capital gains I've made from trading cryptocurrencies. Is TurboTax compatible with cryptocurrency transactions? How accurate are the calculations? Can it handle complex scenarios like multiple exchanges and various types of cryptocurrencies?
TurboTax
Cryptocurrency
Capital Gains
sergru972Dec 16, 2021 · 3 years ago2 answers
Can TurboTax Premier help calculate gains and losses from cryptocurrency trading on Robinhood?
I am wondering if TurboTax Premier is capable of calculating gains and losses from cryptocurrency trading on the Robinhood platform. Can TurboTax Premier handle the complexities of cryptocurrency transactions and provide accurate tax calculations?
TurboTax Premier
Cryptocurrency Trading
Robinhood
Nilsson KeeganDec 16, 2021 · 3 years ago7 answers
Is TurboTax compatible with reporting cryptocurrency gains and losses?
I am wondering if TurboTax can handle the reporting of cryptocurrency gains and losses. Can I use TurboTax to accurately report my profits and losses from trading cryptocurrencies?
TurboTax
Cryptocurrency
Gains And Losses
Stevenson LindegaardDec 16, 2021 · 3 years ago8 answers
Are there any special features in TurboTax for reporting crypto taxes?
What are the special features in TurboTax that make it suitable for reporting crypto taxes?
TurboTax
Crypto Taxes
Features
Hemanth BodankiDec 16, 2021 · 3 years ago2 answers
How can I use TurboTax to accurately calculate my crypto taxes?
I'm using TurboTax to file my taxes this year and I want to make sure I accurately calculate my crypto taxes. Can TurboTax handle cryptocurrency transactions? How can I use TurboTax to report my crypto earnings and losses?
TurboTax
Crypto Taxes
Cryptocurrency Transactions
Pardhu AvulaDec 16, 2021 · 3 years ago6 answers
Is it possible to use Turbotax for reporting my cryptocurrency investments? How do I create an account?
I've been using Turbotax for my regular tax filings, but I'm not sure if it's suitable for reporting my cryptocurrency investments. Can I use Turbotax to report my crypto investments? And if so, how do I create an account?
Turbotax
Cryptocurrency Investments
Tax Reporting
Mostafa BozaraziDec 16, 2021 · 3 years ago1 answers
Are there any specific requirements for creating a Turbotax account to handle my Bitcoin taxes?
What are the specific requirements for creating a Turbotax account to handle my Bitcoin taxes? I want to make sure I meet all the necessary criteria before I start using Turbotax for my Bitcoin tax reporting.
Turbotax
Bitcoin Taxes
Tax Reporting
bhagath kumar palakaDec 16, 2021 · 3 years ago1 answers
Can I create a Turbotax account to track and report my earnings from trading cryptocurrencies?
I am wondering if it is possible to create a Turbotax account specifically for tracking and reporting my earnings from trading cryptocurrencies. Can Turbotax handle the complexities of cryptocurrency transactions and provide accurate tax reporting?
Turbotax
Cryptocurrency
Tax Reporting
dx fDec 16, 2021 · 3 years ago9 answers
What are the latest updates on TurboTax for cryptocurrency traders?
Can you provide the latest updates on TurboTax for cryptocurrency traders? I'm interested in knowing if there have been any changes or new features that specifically cater to cryptocurrency traders. It would be great if you could also share any information on how TurboTax handles cryptocurrency tax reporting and if there are any updates in that area. Thank you!
TurboTax
Cryptocurrency Tax Reporting
Updates
MosterCodeDec 16, 2021 · 3 years ago3 answers
What are the new features in TurboTax that cater to cryptocurrency investors?
Can you provide a detailed description of the new features in TurboTax that specifically target cryptocurrency investors? How do these features help cryptocurrency investors with their tax filing?
TurboTax
Cryptocurrency
Tax Filing
Ra RaDec 16, 2021 · 3 years ago8 answers
Does TurboTax calculate wash sales for cryptocurrency transactions?
I'm wondering if TurboTax, the popular tax preparation software, is able to calculate wash sales for cryptocurrency transactions. Wash sales occur when an investor sells a security at a loss and then buys the same or a substantially identical security within 30 days. Since wash sales have tax implications, it's important to accurately track and report them. Can TurboTax handle wash sales for cryptocurrency transactions?
TurboTax
Wash Sales
Cryptocurrency Transactions
Movie DownloadDec 16, 2021 · 3 years ago2 answers
How can I use TurboTax to calculate wash sales for my digital currency trades?
I'm using TurboTax to file my taxes this year, and I want to make sure I calculate wash sales correctly for my digital currency trades. Can anyone guide me on how to use TurboTax to calculate wash sales for my digital currency trades?
TurboTax
Wash Sales
Digital Currency Trades
Hougaard StageDec 16, 2021 · 3 years ago4 answers
Is there a specific formula or algorithm used by TurboTax to calculate wash sales for virtual currencies?
Can you explain the specific formula or algorithm used by TurboTax to calculate wash sales for virtual currencies? I'm curious to know how TurboTax handles wash sales for virtual currencies and if there are any specific calculations involved.
TurboTax
Wash Sales
Virtual Currencies
Abdellah RekouneDec 16, 2021 · 3 years ago3 answers
How can I delete my Turbotax account and start trading cryptocurrencies?
I want to delete my Turbotax account and start trading cryptocurrencies. Can you guide me on how to delete my Turbotax account and what steps I need to take to start trading cryptocurrencies?
Turbotax
Delete Account
Trading Cryptocurrencies
Roth LorentsenDec 16, 2021 · 3 years ago7 answers
What are the differences between TurboTax Premier Online and the downloadable version when it comes to reporting digital currency transactions?
Can you explain the variations between TurboTax Premier Online and the downloadable version when it comes to reporting digital currency transactions? How do they differ in terms of features, user experience, and convenience?
TurboTax Premier Online
Downloadable Version
Reporting Digital Currency Transactions

Related Tags

Tax Return
x 2727260
Tax Rules
x 2678427
Tax Liability
x 2611091
Tax Reporting
x 2096053
Reporting
x 1461657
Cryptocurrency
x 912805
Cryptocurrencies
x 801895
Crypto Investors
x 733937
Taxes
x 422509

Hot Questions

What are the advantages of using cryptocurrency for online transactions?

How does cryptocurrency affect my tax return?

How can I minimize my tax liability when dealing with cryptocurrencies?

How can I buy Bitcoin with a credit card?

What is the future of blockchain technology?

What are the best practices for reporting cryptocurrency on my taxes?

How can I protect my digital assets from hackers?

What are the tax implications of using cryptocurrency?