How can I file my cryptocurrency taxes using TurboTax for desktop?

1 answers

• Mar 01, 2022 · 3 years ago
  No problem! I can walk you through the process of filing your cryptocurrency taxes using TurboTax for desktop: 1. Open TurboTax on your desktop and start a new tax return. 2. Select 'Investment Income' when asked about the type of income you're reporting. 3. Look for the section that covers cryptocurrency transactions and click on it. 4. Enter the necessary details of your cryptocurrency transactions, such as dates, amounts, and cost basis. 5. TurboTax will automatically calculate your gains or losses based on the information provided. 6. Continue filling out the rest of your tax return as usual. 7. Review your return for accuracy and make any necessary changes. 8. Once you're satisfied, you can file your return electronically or print and mail it. That's it! You've successfully filed your cryptocurrency taxes using TurboTax for desktop. If you need further assistance, don't hesitate to ask!
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