DreamingInCodeDec 24, 2021 · 3 years ago8 answers Can turbotax online handle complex cryptocurrency tax scenarios better than the downloadable version?
Can the online version of turbotax effectively handle complex cryptocurrency tax scenarios compared to the downloadable version? I am wondering if the online version has all the necessary features and capabilities to accurately calculate and report cryptocurrency transactions, especially in more complicated situations such as multiple exchanges, airdrops, staking rewards, and decentralized finance (DeFi) activities. Can it handle various types of tokens and accurately calculate gains and losses? How does it compare to the downloadable version in terms of functionality and ease of use?