What is the cost comparison between using TurboTax online and desktop for cryptocurrency tax filing?

3 answers

• Thyssen JohnsenMay 18, 2022 · 3 years ago
  Sure! When it comes to the cost comparison between TurboTax online and desktop for cryptocurrency tax filing, there are a few factors to consider. TurboTax online offers different pricing tiers, starting from $0 for simple returns and going up to $120 for self-employed individuals. On the other hand, TurboTax desktop software is a one-time purchase, with prices ranging from $60 to $120 depending on the version. Both options provide similar features for cryptocurrency tax filing, such as importing transactions from exchanges and calculating gains and losses. However, the online version offers the convenience of accessing your tax return from any device with an internet connection, while the desktop version requires installation on a specific computer. Overall, the cost comparison depends on your specific needs and preferences.
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• Mimi ZhengNov 15, 2024 · 8 months ago
  Well, let me break it down for you. TurboTax online and desktop both have their own pricing structures. The online version offers a free option for simple returns, while the desktop version requires a one-time purchase. The prices for the desktop version range from $60 to $120, depending on the edition you choose. On the other hand, the online version has different pricing tiers, starting from $0 and going up to $120 for self-employed individuals. In terms of features, both options provide similar capabilities for cryptocurrency tax filing, including importing transactions and calculating gains and losses. However, the online version offers the added convenience of being accessible from any device with an internet connection. So, it really comes down to your personal preference and whether you prefer the flexibility of online access or the one-time purchase of the desktop software.
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• Balajii Swaroop AndhavarapuApr 22, 2023 · 2 years ago
  As an expert in the field, I can tell you that TurboTax online and desktop offer different pricing options for cryptocurrency tax filing. TurboTax online has a range of pricing tiers, starting from $0 for simple returns and going up to $120 for self-employed individuals. On the other hand, TurboTax desktop software requires a one-time purchase, with prices ranging from $60 to $120 depending on the version. Both options have similar features for cryptocurrency tax filing, such as importing transactions and calculating gains and losses. However, the online version provides the convenience of accessing your tax return from any device with an internet connection, while the desktop version requires installation on a specific computer. So, the cost comparison depends on your specific needs and preferences. If you're looking for flexibility and accessibility, the online version might be the better choice for you.
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