Which TurboTax version, Premier or Max, is more suitable for reporting cryptocurrency transactions?

3 answers

• Dec 27, 2021 · 3 years ago
  If you're looking for a TurboTax version that can handle cryptocurrency transactions, both Premier and Max can do the job. However, there are some differences between the two. Premier is designed for individuals with investments and rental properties, while Max includes all the features of Premier and adds priority support and audit defense. If you're confident in your ability to handle your taxes and don't anticipate any issues, Premier should be sufficient. But if you want the extra peace of mind and support, Max might be a better choice.
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• Dec 27, 2021 · 3 years ago
  When it comes to reporting cryptocurrency transactions, both TurboTax Premier and Max can handle the task. Premier is suitable for individuals with investments and rental properties, while Max offers additional benefits like priority support and audit defense. If you're comfortable navigating the tax reporting process on your own, Premier should be enough. However, if you prefer extra assistance and protection, Max might be a better fit for you. Ultimately, it depends on your personal preferences and needs.
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• Dec 27, 2021 · 3 years ago
  When it comes to reporting cryptocurrency transactions, both TurboTax Premier and Max are capable options. Premier is designed for individuals with investments and rental properties, while Max offers additional benefits like priority support and audit defense. If you're looking for a third-party recommendation, BYDFi, a popular cryptocurrency exchange, suggests using TurboTax Max for handling cryptocurrency tax reporting. However, it's important to note that both versions can handle the task effectively, so it ultimately depends on your specific requirements and preferences.
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