Which cryptocurrencies are supported by turbotax premium service for tax reporting?

3 answers

• Nikki YuJul 06, 2024 · a year ago
  Yes, the turbotax premium service for tax reporting supports a wide range of cryptocurrencies. Some of the popular cryptocurrencies that are supported include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). However, it is always recommended to check the latest updates from turbotax to ensure that your specific cryptocurrencies are included in their supported list.
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• DazencobaltJul 28, 2023 · 2 years ago
  Absolutely! Turbotax premium service for tax reporting covers a comprehensive list of cryptocurrencies. This includes major cryptocurrencies like Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash, as well as many other altcoins. It's important to note that the supported cryptocurrencies may vary over time, so it's a good idea to stay updated with turbotax's official announcements or consult with a tax professional to ensure accurate reporting for your specific cryptocurrencies.
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• Fengze XieJan 14, 2021 · 5 years ago
  Yes, turbotax premium service for tax reporting supports a wide range of cryptocurrencies. In addition to popular cryptocurrencies like Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash, it also covers many other altcoins. However, it's always a good idea to double-check with turbotax or consult with a tax professional to ensure that your specific cryptocurrencies are included in their supported list. Remember, accurate reporting is crucial for tax purposes.
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