What are the steps to extend the deadline for reporting my digital currency transactions in Turbotax?

3 answers

• jenniferthodgesyzlMar 24, 2025 · 4 months ago
  To extend the deadline for reporting your digital currency transactions in Turbotax, you can request an extension from the Internal Revenue Service (IRS). Simply fill out Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return, and submit it to the IRS before the original deadline. This will give you an additional six months to file your tax return, including your digital currency transactions. Make sure to accurately report your transactions when you file your tax return to avoid any penalties or audits.
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• Daniel OkegualeAug 05, 2023 · 2 years ago
  If you need more time to report your digital currency transactions in Turbotax, you can file for an extension with the IRS. Just fill out Form 4868 and submit it before the original deadline. This will give you an extra six months to complete your tax return, including reporting your digital currency transactions. Remember to accurately report all your transactions to stay in compliance with IRS regulations.
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• PAUL BERNARDMay 04, 2021 · 4 years ago
  Extending the deadline for reporting your digital currency transactions in Turbotax is easy. Simply file Form 4868 with the IRS to request an automatic extension of time to file your tax return. This will give you an additional six months to report your digital currency transactions. It's important to accurately report all your transactions to ensure compliance with tax laws and avoid any penalties or audits. If you have any specific questions or concerns, it's always a good idea to consult with a tax professional.
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