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Are there any additional fees or charges when using TurboTax for reporting cryptocurrency gains and losses?

avatarMohamed ShokryNov 24, 2021 · 3 years ago3 answers

When using TurboTax to report cryptocurrency gains and losses, are there any extra fees or charges that I need to be aware of?

Are there any additional fees or charges when using TurboTax for reporting cryptocurrency gains and losses?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Yes, there may be additional fees or charges when using TurboTax to report your cryptocurrency gains and losses. TurboTax offers different pricing plans, and depending on the plan you choose, there may be extra fees for specific features or services related to cryptocurrency reporting. It's important to review the pricing details on the TurboTax website or contact their customer support for more information on any potential additional fees.
  • avatarNov 24, 2021 · 3 years ago
    No, there are no additional fees or charges specifically for reporting cryptocurrency gains and losses when using TurboTax. TurboTax includes cryptocurrency reporting as part of their standard tax preparation services, so you won't incur any extra costs solely for reporting your crypto transactions. However, keep in mind that TurboTax has different pricing plans, and if you opt for a higher-tier plan, there may be additional fees for other features or services.
  • avatarNov 24, 2021 · 3 years ago
    When it comes to reporting cryptocurrency gains and losses using TurboTax, it's important to note that there may be additional fees or charges depending on the specific tax situation and the plan you choose. TurboTax offers various pricing options, including free and paid plans, so it's crucial to review the details and terms of each plan to understand if there are any extra costs associated with cryptocurrency reporting. Additionally, reaching out to TurboTax's customer support can provide you with more accurate and up-to-date information regarding any potential fees or charges.