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What are the steps to import cryptocurrency investments into Turbotax Deluxe?

avatarPutut Adi PrakosoDec 27, 2021 · 3 years ago3 answers

Can you provide a step-by-step guide on how to import cryptocurrency investments into Turbotax Deluxe? I want to make sure I accurately report my investments for tax purposes.

What are the steps to import cryptocurrency investments into Turbotax Deluxe?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! Here's a step-by-step guide on how to import cryptocurrency investments into Turbotax Deluxe: 1. Open Turbotax Deluxe and navigate to the 'Investment Income' section. 2. Click on 'Add Investment' and select 'Cryptocurrency'. 3. Choose the cryptocurrency exchange you used for your investments. 4. Enter your login credentials for the exchange and authorize Turbotax to access your transaction history. 5. Turbotax will automatically import your cryptocurrency transactions, including buys, sells, and transfers. 6. Review the imported transactions for accuracy and make any necessary adjustments. 7. Continue with the rest of your tax filing process, ensuring that you report your cryptocurrency investments correctly. I hope this helps! Let me know if you have any further questions.
  • avatarDec 27, 2021 · 3 years ago
    No worries! I've got you covered. Here's how you can import your cryptocurrency investments into Turbotax Deluxe: 1. Fire up Turbotax Deluxe and head over to the 'Investment Income' section. 2. Look for the 'Add Investment' button and give it a click. Then, select 'Cryptocurrency'. 3. Pick the cryptocurrency exchange you used for your investments. 4. Enter your login details for the exchange and grant Turbotax permission to access your transaction history. 5. Turbotax will automatically fetch your cryptocurrency transactions, including buys, sells, and transfers. 6. Take a moment to double-check the imported transactions for accuracy. Make any necessary adjustments if needed. 7. Proceed with the rest of your tax filing process, ensuring that you accurately report your cryptocurrency investments. That's it! If you need further assistance, feel free to ask.
  • avatarDec 27, 2021 · 3 years ago
    Importing cryptocurrency investments into Turbotax Deluxe is a breeze! Just follow these steps: 1. Open Turbotax Deluxe and go to the 'Investment Income' section. 2. Click on 'Add Investment' and choose 'Cryptocurrency'. 3. Select the cryptocurrency exchange you used for your investments. 4. Enter your exchange login credentials and authorize Turbotax to access your transaction history. 5. Turbotax will automatically import your cryptocurrency transactions, including buys, sells, and transfers. 6. Take a moment to review the imported transactions for accuracy and make any necessary adjustments. 7. Continue with the rest of your tax filing process, ensuring that your cryptocurrency investments are properly reported. Hope this helps! Let me know if you have any more questions.