What are the steps to enter cryptocurrency on TurboTax Deluxe?

Can you provide a step-by-step guide on how to enter cryptocurrency on TurboTax Deluxe?

1 answers
- Certainly! Here's a step-by-step guide on how to enter cryptocurrency on TurboTax Deluxe: 1. Launch TurboTax Deluxe and navigate to the section for investment income. 2. Locate the option to add cryptocurrency transactions and click on it. 3. Enter the relevant details for each transaction, such as the date, quantity, and cost basis. 4. If you have multiple transactions, you can manually input them or import them from a CSV file. 5. TurboTax Deluxe will automatically calculate the capital gains or losses based on the provided information. 6. Review the calculations and make any necessary adjustments. 7. Once you're satisfied, proceed to the next section to finalize your tax return. I hope this guide helps you enter cryptocurrency on TurboTax Deluxe! If you have any more questions, feel free to ask.
Mar 18, 2022 · 3 years ago
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