How can I use TurboTax Premier 2017 Mac to calculate my cryptocurrency taxes?
Gourav ChandraDec 26, 2021 · 3 years ago1 answers
I recently started trading cryptocurrencies and I'm not sure how to calculate my taxes using TurboTax Premier 2017 on my Mac. Can someone guide me through the process?
1 answers
- Dec 26, 2021 · 3 years agoUsing TurboTax Premier 2017 Mac to calculate your cryptocurrency taxes is a breeze. Just follow these steps: 1. Open TurboTax Premier 2017 on your Mac. 2. Go to the 'Federal Taxes' section and select 'Wages & Income'. 3. Look for the 'Cryptocurrency' option under 'Investment Income' and click on it. 4. Enter the relevant details, such as the type of cryptocurrency, date of acquisition, and sale price. 5. TurboTax will handle the calculations and determine your gains or losses. 6. Complete the rest of your tax return as instructed. If you encounter any issues or have specific questions, don't hesitate to reach out to TurboTax support for assistance.
Related Tags
Hot Questions
- 81
What are the best practices for reporting cryptocurrency on my taxes?
- 75
What are the advantages of using cryptocurrency for online transactions?
- 74
What are the best digital currencies to invest in right now?
- 44
How can I protect my digital assets from hackers?
- 28
How can I buy Bitcoin with a credit card?
- 24
What is the future of blockchain technology?
- 17
How does cryptocurrency affect my tax return?
- 14
What are the tax implications of using cryptocurrency?