How can I use TurboTax Premier to report my digital currency investments?

1 answers

• Mar 19, 2022 · 3 years ago
  Absolutely! Here's a simple guide on using TurboTax Premier to report your digital currency investments: 1. Open TurboTax Premier and go to the 'Federal Taxes' section. 2. Look for 'Wages & Income' and scroll down to 'Investment Income'. 3. Select 'Stocks, Mutual Funds, Bonds, Other' and click 'Start'. 4. On the 'Let's get your investment info' page, choose 'Yes' when asked if you sold or traded any investments. 5. Enter the relevant details for your digital currency investments, including the acquisition date, sale date, and proceeds. 6. TurboTax Premier will automatically calculate your gains or losses based on the provided information. 7. Follow the remaining steps in TurboTax to complete your tax return. If you have any specific questions or need further assistance, feel free to reach out to TurboTax support. Hope this helps!
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