Which version of Turbotax should I use for cryptocurrency transactions?

I am new to cryptocurrency and I want to file my taxes. I heard that Turbotax can help with that, but I'm not sure which version I should use. Can you recommend a specific version of Turbotax that is suitable for reporting cryptocurrency transactions?

3 answers
- You can use Turbotax Premier or Turbotax Self-Employed to report cryptocurrency transactions. These versions have the necessary features and forms to accurately report your crypto activities. Make sure to keep track of all your transactions and consult with a tax professional if you have any specific questions or concerns.
Mar 19, 2022 · 3 years ago
- When it comes to filing taxes for cryptocurrency transactions, Turbotax Premier or Turbotax Self-Employed are the recommended versions. They have the specific forms and guidance needed to accurately report your crypto activities. Remember to keep detailed records of your transactions and consult with a tax advisor if you need personalized advice.
Mar 19, 2022 · 3 years ago
- For cryptocurrency transactions, it is recommended to use Turbotax Premier or Turbotax Self-Employed. These versions are designed to handle complex tax situations, including reporting crypto activities. They provide step-by-step guidance and ensure that you accurately report your transactions. Remember to keep track of your crypto transactions and consult with a tax professional if you have any doubts or questions.
Mar 19, 2022 · 3 years ago
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