What are the fees associated with using TurboTax for cryptocurrency tax filing?

1 answers

• Kajal KesharwaniNov 02, 2024 · 9 months ago
  Using TurboTax for cryptocurrency tax filing can be a convenient option, but it's important to be aware of the fees involved. TurboTax offers different pricing plans based on the complexity of your tax situation and the need to report cryptocurrency transactions. The fees can range from $0 for a simple tax return to $120 for a self-employed or small business tax return. It's also worth noting that TurboTax charges an additional fee for state tax returns, which varies depending on the state. Before using TurboTax, it's a good idea to review the pricing options and consider whether the convenience of using the software outweighs the cost for your specific tax situation.
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