Are there any specific guides or tutorials for using TurboTax with cryptocurrency investments?

3 answers

• Dec 18, 2021 · 3 years ago
  Sure! Reporting cryptocurrency investments can be a bit tricky, but there are definitely resources available to help you navigate the process. One helpful guide is the TurboTax Support website, which provides step-by-step instructions on how to report cryptocurrency transactions. Additionally, you can also find tutorials on YouTube that walk you through the process. Just make sure to double-check the information and consult with a tax professional if needed.
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• Dec 18, 2021 · 3 years ago
  Absolutely! TurboTax has specific guidance for reporting cryptocurrency investments. When you start your tax return, TurboTax will ask if you have any cryptocurrency transactions. Simply answer 'yes' and follow the prompts to enter your transactions. TurboTax will guide you through the process and help you accurately report your cryptocurrency investments.
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• Dec 18, 2021 · 3 years ago
  Yes, there are specific guides and tutorials available for using TurboTax with cryptocurrency investments. One great resource is the BYDFi blog, which provides detailed instructions on how to use TurboTax for reporting cryptocurrency transactions. They cover everything from importing your transaction history to accurately calculating your gains and losses. Make sure to check out their blog for step-by-step instructions and helpful tips.
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