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How can I use hrblock software to calculate my cryptocurrency gains and losses?

avatarrimazDec 25, 2021 · 3 years ago1 answers

I recently started trading cryptocurrencies and I'm using hrblock software for my tax calculations. Can anyone guide me on how to use hrblock software to accurately calculate my gains and losses from cryptocurrency trading?

How can I use hrblock software to calculate my cryptocurrency gains and losses?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    When it comes to calculating cryptocurrency gains and losses, hrblock software is a reliable option. To use it effectively, start by importing your cryptocurrency transaction history into the software. This can usually be done by exporting your transaction data from your exchange or wallet in a compatible format, such as CSV or Excel. Once imported, the software will automatically calculate the gains and losses based on the cost basis and current market value. It's important to review the calculations and ensure they are accurate. If you have any questions or encounter any issues, reach out to hrblock customer support for assistance. Remember to consult with a tax professional or accountant for personalized advice regarding your specific tax situation.