Which version, Turbotax Deluxe or Premier, is better suited for individuals who have made significant profits from trading cryptocurrencies?

3 answers

• Dec 26, 2021 · 3 years ago
  If you've made significant profits from trading cryptocurrencies, you'll want to choose Turbotax Premier. This version is specifically designed for investors and traders, and it includes all the features and forms you'll need to accurately report your cryptocurrency gains and losses. Turbotax Deluxe, on the other hand, is better suited for individuals with more straightforward tax situations, such as those who only have income from a regular job. Premier offers more advanced tools and guidance to help you navigate the complexities of cryptocurrency taxation.
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• Dec 26, 2021 · 3 years ago
  When it comes to Turbotax Deluxe vs Premier for individuals who have made significant profits from trading cryptocurrencies, Premier is the way to go. It's like upgrading from economy class to first class. With Premier, you'll get all the bells and whistles needed to handle your cryptocurrency gains and losses. From Schedule D to Form 8949, this version has got you covered. Don't settle for Deluxe when you can have the premier experience and ensure you're accurately reporting your crypto profits.
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• Dec 26, 2021 · 3 years ago
  For individuals who have made significant profits from trading cryptocurrencies, Turbotax Premier is the recommended choice. It provides specialized features and forms tailored to investors and traders. With Premier, you'll have access to tools that can help you calculate your gains and losses from cryptocurrency trading more accurately. Additionally, Premier offers expert guidance and support to ensure you're maximizing your deductions and minimizing your tax liability. Consider using Turbotax Premier to simplify the tax reporting process for your cryptocurrency activities.
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