Is there a way to request an extension for filing my taxes on cryptocurrency investments through Turbotax?

3 answers

• Tyrone HarperNov 25, 2024 · 8 months ago
  Yes, you can request an extension for filing your taxes on cryptocurrency investments through Turbotax. Turbotax offers an option to file for an extension if you need more time to gather your tax information and complete your return. Simply log in to your Turbotax account and follow the instructions to request an extension. Keep in mind that while an extension will give you more time to file your return, it does not extend the deadline for paying any taxes owed. Make sure to estimate and pay any taxes due by the original deadline to avoid penalties and interest.
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• sherylcodingJun 16, 2023 · 2 years ago
  Absolutely! If you're using Turbotax to file your taxes for your cryptocurrency investments, you can request an extension. Turbotax provides a straightforward process to file for an extension, giving you extra time to organize your tax documents and complete your return accurately. Just log in to your Turbotax account, navigate to the extension request section, and follow the prompts. Remember, though, that an extension only extends the deadline for filing your return, not for paying any taxes owed. Be sure to estimate and pay any taxes due by the original deadline to avoid penalties.
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• A EngemannMar 02, 2022 · 3 years ago
  Yes, you can request an extension for filing your taxes on cryptocurrency investments through Turbotax. Turbotax is a popular tax preparation software that allows users to easily file their taxes online. To request an extension, log in to your Turbotax account and look for the option to file for an extension. Follow the instructions provided, and you'll be granted additional time to complete your tax return. It's important to note that filing for an extension does not exempt you from paying any taxes owed. Make sure to estimate and pay your taxes by the original deadline to avoid penalties and interest.
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