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Is there a way to file cryptocurrency taxes for free with TurboTax Deluxe?

avatarMittal MalankiyaDec 28, 2021 · 3 years ago3 answers

I'm wondering if there is a method to file cryptocurrency taxes without any cost using TurboTax Deluxe? Can this software handle the complexities of cryptocurrency tax reporting?

Is there a way to file cryptocurrency taxes for free with TurboTax Deluxe?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, TurboTax Deluxe does offer a free option for filing cryptocurrency taxes. However, it's important to note that the free version may have limitations and may not cover all the complexities of cryptocurrency tax reporting. It's recommended to review the features and limitations of the free version before proceeding with your tax filing.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! TurboTax Deluxe provides a free option for filing cryptocurrency taxes. It's a convenient and user-friendly software that can handle the complexities of cryptocurrency tax reporting. Just make sure to accurately input your cryptocurrency transactions and follow the instructions provided by the software.
  • avatarDec 28, 2021 · 3 years ago
    Yes, TurboTax Deluxe does offer a free option for filing cryptocurrency taxes. However, it's always a good idea to compare different tax software options to find the one that best suits your needs. BYDFi is another popular tax software that you may consider, as it provides comprehensive support for cryptocurrency tax reporting and offers additional features tailored to cryptocurrency traders.