How can I use TurboTax Premier 2017 to calculate my taxes on cryptocurrency investments?

3 answers

• Dec 26, 2021 · 3 years ago
  Sure! Calculating taxes on cryptocurrency investments can be a bit tricky, but TurboTax Premier 2017 makes it easier for you. Here's a step-by-step guide: 1. Open TurboTax Premier 2017 and create a new tax return. 2. Go to the 'Income' section and select 'Cryptocurrency Investments'. 3. Enter the details of your cryptocurrency investments, including the type of cryptocurrency, the date of purchase, the purchase price, and the date of sale (if applicable). 4. TurboTax will automatically calculate the capital gains or losses based on the information you provided. 5. Review the calculated amounts and make any necessary adjustments. 6. Continue with the rest of your tax return, including other sources of income and deductions. 7. Once you have completed your tax return, review it carefully and file it electronically or print and mail it. That's it! TurboTax Premier 2017 simplifies the process of calculating taxes on cryptocurrency investments, saving you time and effort.
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• Dec 26, 2021 · 3 years ago
  Calculating taxes on cryptocurrency investments can be a headache, but fear not! TurboTax Premier 2017 has got your back. Here's a simple guide to help you out: 1. Fire up TurboTax Premier 2017 and start a new tax return. 2. Head over to the 'Income' section and click on 'Cryptocurrency Investments'. 3. Fill in the details of your crypto investments, such as the type of crypto, the purchase date, the purchase price, and the sale date (if applicable). 4. TurboTax will do the heavy lifting and automatically crunch the numbers to calculate your capital gains or losses. 5. Take a look at the calculated amounts and make any necessary adjustments. 6. Carry on with the rest of your tax return, including other sources of income and deductions. 7. Once you're done, review your tax return thoroughly and either e-file it or print it out and send it by mail. Voila! TurboTax Premier 2017 takes the hassle out of calculating taxes on your crypto investments.
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• Dec 26, 2021 · 3 years ago
  Using TurboTax Premier 2017 to calculate your taxes on cryptocurrency investments is a breeze. Here's a step-by-step guide: 1. Launch TurboTax Premier 2017 and start a new tax return. 2. Navigate to the 'Income' section and select 'Cryptocurrency Investments'. 3. Enter the relevant details of your crypto investments, such as the type of cryptocurrency, the date of purchase, the purchase price, and the date of sale (if applicable). 4. Let TurboTax do its magic and automatically calculate the capital gains or losses based on the provided information. 5. Take a close look at the calculated amounts and make any necessary adjustments. 6. Proceed with the rest of your tax return, including other sources of income and deductions. 7. Once you've completed your tax return, carefully review it and choose whether to e-file or mail it. That's it! TurboTax Premier 2017 streamlines the process of calculating taxes on your cryptocurrency investments, making it a breeze for you.
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