What are the steps to file a cryptocurrency extension on TurboTax?

3 answers

• TsailinJul 17, 2020 · 5 years ago
  Sure, I can help you with that! Filing a cryptocurrency extension on TurboTax is a straightforward process. Here are the steps you need to follow: 1. Log in to your TurboTax account and select the option to file an extension. 2. Provide the required personal information, including your name, address, and Social Security number. 3. Indicate that you want to file an extension for cryptocurrency transactions. 4. Enter the relevant details of your cryptocurrency transactions, such as the type of cryptocurrency, the date of acquisition, and the amount. 5. Review the information you have entered and make any necessary corrections. 6. Submit your extension request. That's it! TurboTax will process your extension request, and you will have more time to file your cryptocurrency taxes. If you have any further questions, feel free to ask!
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• Powell HobbsDec 04, 2023 · 2 years ago
  No problem! Filing a cryptocurrency extension on TurboTax is not much different from filing a regular tax extension. Here's what you need to do: 1. Log in to your TurboTax account and navigate to the extension section. 2. Fill out the required personal information, such as your name, address, and Social Security number. 3. Indicate that you need an extension for your cryptocurrency transactions. 4. Enter the details of your cryptocurrency transactions, including the type of cryptocurrency, the date of acquisition, and the amount. 5. Double-check the information you provided and make any necessary changes. 6. Submit your extension request. That's it! TurboTax will process your request, and you'll have more time to complete your cryptocurrency tax return. If you have any more questions, feel free to ask!
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• Mahmoud DiboJul 02, 2022 · 3 years ago
  Certainly! Filing a cryptocurrency extension on TurboTax is a simple process. Here's what you need to do: 1. Log in to your TurboTax account and go to the extension section. 2. Fill in your personal information, including your name, address, and Social Security number. 3. Indicate that you need an extension for your cryptocurrency transactions. 4. Enter the details of your cryptocurrency transactions, such as the type of cryptocurrency, the date of acquisition, and the amount. 5. Review the information you provided and make any necessary changes. 6. Submit your extension request. That's it! TurboTax will process your request, and you'll have more time to file your cryptocurrency taxes. If you have any more questions, don't hesitate to ask!
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