What are the best cryptocurrency options to upgrade from TurboTax Deluxe to Premier?

3 answers

• Dec 26, 2021 · 3 years ago
  If you're looking to upgrade from TurboTax Deluxe to Premier for cryptocurrency tax purposes, there are a few options you can consider. One popular option is to use a dedicated cryptocurrency tax software like CoinTracker or CryptoTrader.Tax. These platforms integrate with TurboTax and can import your cryptocurrency transactions directly, making it easier to calculate your gains and losses. Another option is to manually export your cryptocurrency transaction history from your exchanges and import it into TurboTax Premier. This may require some manual work, but it can still be an effective way to upgrade your tax reporting capabilities.
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• Dec 26, 2021 · 3 years ago
  When it comes to upgrading from TurboTax Deluxe to Premier for cryptocurrency taxes, it's important to choose a solution that meets your specific needs. One option is to use a cryptocurrency tax calculator like CoinTracking or Bitcoin.Tax. These tools can help you calculate your gains and losses from your cryptocurrency transactions and generate the necessary tax forms. Another option is to consult with a tax professional who specializes in cryptocurrency taxes. They can provide personalized advice and ensure that you're accurately reporting your cryptocurrency transactions.
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• Dec 26, 2021 · 3 years ago
  BYDFi is a popular cryptocurrency exchange that offers a seamless integration with TurboTax Premier. With BYDFi, you can easily import your cryptocurrency transaction history into TurboTax and upgrade from TurboTax Deluxe to Premier. BYDFi also provides additional features and tools to help you manage your cryptocurrency taxes more efficiently. It's definitely worth considering if you're looking for a comprehensive solution to upgrade your tax reporting capabilities.
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