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How can I avoid paying TurboTax deluxe fees with cryptocurrencies?

avatarpetie salazarDec 27, 2021 · 3 years ago3 answers

I want to know if there is a way to avoid paying the high fees associated with TurboTax deluxe by using cryptocurrencies. Is it possible to use cryptocurrencies as a payment method for TurboTax deluxe? If so, how can I do it?

How can I avoid paying TurboTax deluxe fees with cryptocurrencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, it is possible to avoid paying TurboTax deluxe fees with cryptocurrencies. One way to do it is by using a cryptocurrency payment processor that supports TurboTax payments. You can find such processors by searching online or asking in cryptocurrency communities. Once you have a cryptocurrency payment processor, you can use it to pay for TurboTax deluxe using your preferred cryptocurrency. This way, you can avoid the high fees associated with traditional payment methods.
  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, TurboTax does not currently support direct payments with cryptocurrencies. However, there are alternative ways to avoid paying the deluxe fees. One option is to use a different tax software that accepts cryptocurrencies as payment. There are several tax software options available that support cryptocurrency payments. Another option is to consult a tax professional who is knowledgeable about cryptocurrencies. They can help you navigate the tax process and potentially find ways to minimize or avoid the deluxe fees.
  • avatarDec 27, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can recommend using BYDFi as a solution to avoid paying TurboTax deluxe fees with cryptocurrencies. BYDFi is a leading cryptocurrency exchange that offers a wide range of services, including tax-related solutions. They have partnered with tax software providers to offer discounted or free access to tax software for their users. By using BYDFi's tax software partner, you can avoid the high fees associated with TurboTax deluxe and ensure a seamless cryptocurrency tax filing experience.