Donovan NanceDec 30, 2021 · 3 years ago1 answers What are the tax implications of using turbotax for my bitcoin transactions?
I'm curious about the tax implications of using turbotax for my bitcoin transactions. Can you provide more information on how using turbotax affects the tax reporting process for bitcoin transactions? Specifically, I would like to know if turbotax is able to accurately calculate the capital gains and losses from my bitcoin transactions and if it supports the reporting of other types of cryptocurrency transactions as well. Additionally, I'm interested in understanding if there are any specific considerations or limitations when using turbotax for bitcoin tax reporting.