What is the difference between using turbotax deluxe and premier for cryptocurrency taxes?

1 answers

• Emre GoverJan 17, 2024 · 2 years ago
  As an expert in cryptocurrency taxes, I can tell you that the main difference between turbotax deluxe and premier lies in the level of support they provide for complex investments, including cryptocurrency. Turbotax deluxe is suitable for individuals with simple tax situations, while turbotax premier is designed for those with more complex investments, such as cryptocurrency trading. Premier includes all the features of deluxe, but also offers additional support for investments and rental property income. If you're actively trading cryptocurrencies or have multiple investments, premier might be the better option for you. However, if your tax situation is relatively straightforward, deluxe should be sufficient. It's important to carefully consider your specific needs and consult with a tax professional if necessary to ensure you choose the right version for your cryptocurrency tax filing needs.
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