What are the steps to enter a cryptocurrency Roth conversion in TurboTax?

1 answers

• Mar 19, 2022 · 3 years ago
  Entering a cryptocurrency Roth conversion in TurboTax is a breeze! Here's what you need to do: 1. Launch TurboTax and navigate to the section for investment income. 2. Locate the option to enter a Roth conversion and select it. 3. Input the relevant information, including the amount converted and the conversion date. 4. TurboTax will handle the rest, including any additional forms or documentation. 5. Take a moment to review your entries and ensure accuracy before submitting your tax return. That's all there is to it! If you have any other questions, feel free to ask.
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