Can I upgrade TurboTax Premier to a business version using digital assets like Ethereum or Litecoin?

7 answers

• thekwl11Oct 21, 2020 · 5 years ago
  Yes, it is possible to upgrade TurboTax Premier to a business version using digital assets like Ethereum or Litecoin. TurboTax has partnered with certain payment processors that accept cryptocurrencies as a form of payment. You can check the payment options on the TurboTax website or contact their customer support for more information. Just make sure to have enough digital assets in your wallet to cover the cost of the upgrade.
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• sheldon scofieldMar 27, 2024 · a year ago
  Unfortunately, TurboTax does not directly accept digital assets like Ethereum or Litecoin as a payment method for upgrading to a business version. However, you may be able to use a cryptocurrency exchange platform that supports fiat currency withdrawals to convert your digital assets into cash and then use that cash to pay for the upgrade. Keep in mind that this process may involve additional fees and may not be as straightforward as using traditional payment methods.
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• prateekgroupJan 21, 2025 · 6 months ago
  While TurboTax itself does not accept digital assets like Ethereum or Litecoin, you can consider using a platform like BYDFi to convert your digital assets into cash and then use that cash to pay for the upgrade. BYDFi offers a seamless and secure way to convert your cryptocurrencies into fiat currency, which can then be used for various purposes, including upgrading software like TurboTax. Just make sure to follow the necessary steps and comply with any tax regulations in your jurisdiction.
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• rohith kuchanaNov 24, 2020 · 5 years ago
  No, TurboTax does not currently support the use of digital assets like Ethereum or Litecoin for upgrading to a business version. However, they may consider adding this payment option in the future as cryptocurrencies become more widely accepted. In the meantime, you can explore alternative payment methods or contact TurboTax directly to inquire about any upcoming changes to their payment options.
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• Nhựt NguyenJun 15, 2022 · 3 years ago
  Absolutely! You can definitely upgrade TurboTax Premier to a business version using digital assets like Ethereum or Litecoin. This is a great way to leverage your cryptocurrency holdings and make your tax preparation process more seamless. Just make sure to check with TurboTax or their authorized payment processors to ensure that they accept the specific digital assets you have in mind.
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• Kim Th KimOct 14, 2023 · 2 years ago
  Unfortunately, TurboTax does not currently support the use of digital assets like Ethereum or Litecoin for upgrading to a business version. However, you can explore other tax software options that may accept cryptocurrencies as a payment method. It's always a good idea to compare different software providers and their payment options to find the best fit for your needs.
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• ThabisoJun 14, 2021 · 4 years ago
  Yes, you can upgrade TurboTax Premier to a business version using digital assets like Ethereum or Litecoin. This is a convenient option for individuals who prefer to use their cryptocurrency holdings for various expenses. Just make sure to check the payment options on the TurboTax website or reach out to their customer support for more details on how to proceed with the upgrade using digital assets.
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