What are the differences between TurboTax Premier and Live Premier for cryptocurrency investors?

6 answers

• Dec 27, 2021 · 3 years ago
  TurboTax Premier and Live Premier are two versions of TurboTax software that cater to the needs of cryptocurrency investors. While TurboTax Premier is a standalone software that allows users to file their taxes independently, Live Premier offers the additional benefit of live assistance from certified tax experts. With TurboTax Premier, users can easily import their cryptocurrency transactions and generate accurate tax reports. It provides step-by-step guidance and ensures compliance with tax regulations. On the other hand, Live Premier offers one-on-one guidance from tax experts who specialize in cryptocurrency taxation. Users can ask questions, seek personalized advice, and have their tax returns reviewed by professionals. This version provides an extra layer of assurance and expertise for cryptocurrency investors. However, it's important to note that Live Premier comes at a higher cost compared to TurboTax Premier. Overall, TurboTax Premier is suitable for self-sufficient users who prefer a more affordable option, while Live Premier is ideal for those who want personalized assistance and expert advice throughout the tax filing process.
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• Dec 27, 2021 · 3 years ago
  When it comes to features, TurboTax Premier allows users to import their cryptocurrency transactions from various exchanges and wallets, including Binance, Coinbase, and others. It supports a wide range of tax forms, including Schedule D for reporting capital gains and losses. The software automatically calculates the tax liability based on the imported data and provides accurate reports. TurboTax Premier also offers a comprehensive knowledge base and resources to help users understand cryptocurrency taxation. On the other hand, Live Premier provides real-time assistance from tax experts who have in-depth knowledge of cryptocurrency taxation. Users can schedule a live video call or chat with a tax expert to get personalized advice and have their tax returns reviewed. This version ensures that users receive accurate guidance tailored to their specific cryptocurrency investments.
  890297
• Dec 27, 2021 · 3 years ago
  At BYDFi, we understand the unique challenges faced by cryptocurrency investors when it comes to tax filing. TurboTax Premier is a popular choice among our users due to its user-friendly interface and robust features. It allows users to easily import their cryptocurrency transactions and generate accurate tax reports. TurboTax Premier provides step-by-step guidance and ensures compliance with tax regulations. However, for users who prefer personalized assistance and expert advice, Live Premier can be a great option. With Live Premier, users can get one-on-one guidance from certified tax experts who specialize in cryptocurrency taxation. They can ask questions, seek personalized advice, and have their tax returns reviewed by professionals. This version offers an extra layer of assurance and expertise for cryptocurrency investors. It's important to weigh the benefits and costs of each version to choose the one that best suits your needs.
  949238
• Dec 27, 2021 · 3 years ago
  TurboTax Premier and Live Premier are two versions of TurboTax software designed specifically for cryptocurrency investors. TurboTax Premier is a standalone software that allows users to file their taxes independently. It provides a user-friendly interface and supports the import of cryptocurrency transactions from various exchanges and wallets. Users can easily generate accurate tax reports and ensure compliance with tax regulations. On the other hand, Live Premier offers the added benefit of live assistance from certified tax experts. Users can schedule a video call or chat with a tax expert to get personalized advice and have their tax returns reviewed. This version provides an extra level of support and expertise for cryptocurrency investors who may have complex tax situations. However, it's important to note that Live Premier comes at a higher cost compared to TurboTax Premier. Overall, the choice between the two versions depends on the level of assistance and expertise desired by the user.
  1010202
• Dec 27, 2021 · 3 years ago
  TurboTax Premier and Live Premier are two versions of TurboTax software that cater to the needs of cryptocurrency investors. TurboTax Premier is a self-service tax software that allows users to file their taxes independently. It provides a user-friendly interface and supports the import of cryptocurrency transactions from various exchanges and wallets. Users can easily generate accurate tax reports and ensure compliance with tax regulations. On the other hand, Live Premier offers live assistance from certified tax experts who specialize in cryptocurrency taxation. Users can schedule a video call or chat with a tax expert to get personalized advice and have their tax returns reviewed. This version provides an extra level of support and expertise for cryptocurrency investors who may have complex tax situations. However, it's important to note that Live Premier comes at a higher cost compared to TurboTax Premier. Overall, the choice between the two versions depends on the user's preference for self-service or personalized assistance.
  1046175
• Dec 27, 2021 · 3 years ago
  TurboTax Premier and Live Premier are two versions of TurboTax software designed specifically for cryptocurrency investors. TurboTax Premier is a standalone software that allows users to file their taxes independently. It provides a user-friendly interface and supports the import of cryptocurrency transactions from various exchanges and wallets. Users can easily generate accurate tax reports and ensure compliance with tax regulations. On the other hand, Live Premier offers live assistance from certified tax experts who specialize in cryptocurrency taxation. Users can schedule a video call or chat with a tax expert to get personalized advice and have their tax returns reviewed. This version provides an extra level of support and expertise for cryptocurrency investors who may have complex tax situations. However, it's important to note that Live Premier comes at a higher cost compared to TurboTax Premier. Overall, the choice between the two versions depends on the user's preference for self-service or personalized assistance.
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