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Are there any special considerations or steps to follow when switching from turbotax online to turbotax cd/download for cryptocurrency tax purposes?

avatarMahamadou SidibeJan 14, 2022 · 3 years ago1 answers

What are the special considerations or steps that need to be followed when switching from turbotax online to turbotax cd/download for cryptocurrency tax purposes?

Are there any special considerations or steps to follow when switching from turbotax online to turbotax cd/download for cryptocurrency tax purposes?

1 answers

  • avatarJan 14, 2022 · 3 years ago
    When it comes to switching from turbotax online to turbotax cd/download for cryptocurrency tax purposes, there are a few things to keep in mind. Firstly, make sure to backup your tax-related data from the online version to avoid any loss of information. Secondly, check if the cd/download version supports cryptocurrency tax reporting. If it doesn't, you may need to consider alternative tax software options. Lastly, take some time to get familiar with the cd/download version's interface and features, as they may differ from the online version. By following these considerations, you can smoothly transition to the cd/download version for cryptocurrency tax purposes.