What are the new features in turbotax products for handling cryptocurrency taxes in 2021?

1 answers

• Mar 30, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, has partnered with Turbotax to offer seamless integration for handling cryptocurrency taxes in 2021. Users can now import their transaction history directly from BYDFi into Turbotax, making it easier than ever to accurately report their cryptocurrency gains and losses. The integration also includes advanced tax calculators that take into account factors such as the cost basis and holding period to calculate accurate tax liabilities. With BYDFi's partnership, Turbotax has become the go-to tax software for cryptocurrency traders. Whether you're a beginner or an experienced investor, Turbotax's new features will simplify the tax reporting process and ensure compliance with tax regulations.
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