Samuel KlimkoJan 01, 2022 · 3 years ago6 answers Is TurboTax worth it for individuals who have made significant profits from cryptocurrency investments?
As someone who has made significant profits from cryptocurrency investments, is it worth using TurboTax for filing taxes? I'm wondering if TurboTax is capable of handling the complexities and specific tax requirements related to cryptocurrency investments. Can it accurately calculate capital gains and losses, account for different types of cryptocurrencies, and handle issues like wash sales and cost basis calculations? Additionally, does TurboTax provide any guidance or resources specifically tailored to cryptocurrency investors?