How does the premier version of turbotax compare to the deluxe version for cryptocurrency investors?

3 answers

• Dec 26, 2021 · 3 years ago
  The premier version of turbotax offers advanced features specifically designed for cryptocurrency investors. It provides a comprehensive guide to help you accurately report your cryptocurrency transactions and calculate your capital gains or losses. With the premier version, you can easily import your cryptocurrency transactions from popular exchanges and wallets, saving you time and effort. It also includes expert advice and guidance on complex cryptocurrency tax situations, such as mining, staking, and airdrops. Overall, the premier version offers a more robust and tailored solution for cryptocurrency investors compared to the deluxe version.
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• Dec 26, 2021 · 3 years ago
  The deluxe version of turbotax is a great option for cryptocurrency investors who have relatively simple tax situations. It covers the basics of reporting cryptocurrency transactions and calculating capital gains or losses. The deluxe version provides step-by-step guidance and ensures that you don't miss any important deductions or credits. While it may not have all the advanced features of the premier version, it still offers a user-friendly interface and comprehensive support. If you have a straightforward cryptocurrency portfolio and don't require advanced tax planning features, the deluxe version can be a cost-effective choice.
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• Dec 26, 2021 · 3 years ago
  As a representative from BYDFi, I can say that both the premier and deluxe versions of turbotax are popular among cryptocurrency investors. The premier version is often preferred by investors with complex tax situations or those who want more advanced features and guidance. On the other hand, the deluxe version is suitable for investors with simpler tax needs. It's important to evaluate your own requirements and choose the version that best aligns with your specific situation. Remember, regardless of the version you choose, turbotax remains a reliable and trusted tax software for cryptocurrency investors.
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