What are the best TurboTax versions for tracking cryptocurrency transactions in 2021?
Andrea CavallariDec 26, 2021 · 3 years ago3 answers
I'm looking for the best TurboTax versions that can help me track my cryptocurrency transactions in 2021. Can you recommend any specific versions that are suitable for this purpose? I want to make sure that I accurately report my crypto gains and losses for tax purposes. It would be great if the recommended versions have features that can automatically import transaction data from popular cryptocurrency exchanges. Thank you!
3 answers
- Dec 26, 2021 · 3 years agoSure! When it comes to tracking cryptocurrency transactions for tax purposes, TurboTax Premier and TurboTax Self-Employed are two versions that you should consider. These versions are designed to handle more complex tax situations, including investments and self-employment income. They have features that allow you to import transaction data from popular cryptocurrency exchanges, making it easier to accurately report your gains and losses. Just make sure to review the imported data and double-check for any errors or missing transactions. Happy tax filing!
- Dec 26, 2021 · 3 years agoHey there! If you're looking for the best TurboTax versions to track your crypto transactions in 2021, I'd recommend TurboTax Premier and TurboTax Self-Employed. These versions are perfect for individuals who have investments or self-employment income, which includes cryptocurrency transactions. They have features that can import your transaction data from popular exchanges, saving you time and effort. Make sure to review the imported data and make any necessary adjustments before filing your taxes. Good luck and happy crypto tracking!
- Dec 26, 2021 · 3 years agoAs a third-party expert, I would suggest considering TurboTax Premier and TurboTax Self-Employed for tracking your cryptocurrency transactions in 2021. These versions are known for their robust features that cater to more complex tax situations, including investments and self-employment income. They offer the convenience of importing transaction data from popular cryptocurrency exchanges, which can save you a lot of time and effort. Remember to review the imported data for accuracy and completeness before finalizing your tax return. Happy tax season!
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