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How can I use TurboTax trial to calculate capital gains from my cryptocurrency investments?

avatarFaraz KhanDec 27, 2021 · 3 years ago1 answers

I want to use TurboTax trial to calculate the capital gains from my cryptocurrency investments. Can anyone guide me on how to do it step by step?

How can I use TurboTax trial to calculate capital gains from my cryptocurrency investments?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    Absolutely! TurboTax trial can be used to calculate the capital gains from your cryptocurrency investments. Here's a step-by-step guide: 1. Download and install TurboTax trial version from their official website. 2. Launch TurboTax and select the option for capital gains or investment income. 3. Provide your personal information as requested. 4. When asked about your investments, choose the option for cryptocurrency. 5. Enter the details of each cryptocurrency transaction, including the purchase and sale dates, as well as the amounts. 6. TurboTax will automatically calculate the capital gains based on the information provided. 7. Review the calculated capital gains and make any necessary adjustments. 8. Once you're satisfied with the results, you can proceed to file your taxes using TurboTax or seek professional advice if needed. I hope this helps! If you have any more questions, feel free to ask.