How can I report cryptocurrency earnings with Turbo Tax Deluxe?

1 answers

• Nov 24, 2021 · 3 years ago
  No worries, I've got you covered! Here's a step-by-step guide on reporting cryptocurrency earnings with Turbo Tax Deluxe: 1. Launch Turbo Tax Deluxe and select the option for reporting investment income. 2. Enter the total amount of cryptocurrency earnings you made during the tax year. 3. Provide any necessary details about the types of cryptocurrencies you earned. 4. Turbo Tax Deluxe will automatically calculate the tax owed based on your earnings. 5. Review the information and make any necessary adjustments. 6. File your tax return electronically or print it out and mail it in. Remember to keep accurate records of your cryptocurrency transactions and earnings for future reference. If you have any more questions, feel free to ask!
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