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What is the best way to track cryptocurrency refunds using H&R Block?

avatarEzequiel CabelloDec 26, 2021 · 3 years ago3 answers

I recently used H&R Block to file my taxes and received a cryptocurrency refund. What is the most effective method to track this refund using H&R Block? I want to ensure that I have accurate records of my cryptocurrency transactions for tax purposes.

What is the best way to track cryptocurrency refunds using H&R Block?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One of the best ways to track your cryptocurrency refund using H&R Block is to utilize their online tax software. H&R Block offers a feature that allows you to import your cryptocurrency transactions directly into your tax return. This makes it easy to keep track of your refund and ensure that you have accurate records for tax purposes. Simply follow the instructions provided by H&R Block to import your cryptocurrency transactions and you'll be on your way to effectively tracking your refund.
  • avatarDec 26, 2021 · 3 years ago
    Tracking cryptocurrency refunds using H&R Block is a breeze with their user-friendly interface. Once you've logged into your H&R Block account, navigate to the section for cryptocurrency transactions. Here, you can input the details of your refund, including the amount and the date. H&R Block will then automatically update your tax return with this information, making it easy to keep track of your refund.
  • avatarDec 26, 2021 · 3 years ago
    If you're looking for a third-party solution to track your cryptocurrency refunds using H&R Block, BYDFi is a great option. BYDFi offers a comprehensive platform that integrates with H&R Block, allowing you to easily import and track your cryptocurrency transactions. Simply sign up for a BYDFi account, connect it to your H&R Block account, and follow the instructions to import your transactions. With BYDFi, you can ensure that your cryptocurrency refunds are accurately tracked and recorded for tax purposes.