How can I use TurboTax Live Premier for cryptocurrency tax filing?

1 answers

• ScaryGorilla12Aug 06, 2022 · 3 years ago
  Using TurboTax Live Premier for cryptocurrency tax filing is super easy! Just follow these steps: 1. Log in to your TurboTax account or create a new one if you don't have an account yet. 2. Go to the 'Federal' tab and select the 'Wages & Income' section. 3. Look for the 'Cryptocurrency' option and click on it. 4. Enter the details of your cryptocurrency transactions. 5. Follow the instructions to accurately report your transactions. 6. TurboTax Live Premier also allows you to import transaction data from supported cryptocurrency exchanges. 7. Once you've entered all the information, TurboTax will handle the calculations and generate the necessary tax forms. 8. Review the information, make any necessary changes, and submit your tax return. That's it! You're all set to file your cryptocurrency taxes with TurboTax Live Premier.
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