Is there a specific version of TurboTax 2022, either Deluxe or Premier, that is recommended for cryptocurrency investors?

3 answers

• Mar 19, 2022 · 3 years ago
  As a cryptocurrency investor, it is important to choose the right tax software to ensure accurate reporting of your investments. While both TurboTax Deluxe and Premier versions can handle cryptocurrency tax reporting, the Premier version offers more advanced features and guidance for investors with complex investment portfolios. With the Premier version, you can benefit from additional tools and resources that can help you navigate the complexities of cryptocurrency taxation. It is recommended to use the TurboTax Premier version for cryptocurrency investors to ensure comprehensive and accurate tax reporting.
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• Mar 19, 2022 · 3 years ago
  When it comes to TurboTax 2022, both the Deluxe and Premier versions can handle cryptocurrency tax reporting. However, the Premier version is more suitable for cryptocurrency investors due to its advanced features and guidance. With the Premier version, you can access specialized tools and resources that can assist you in accurately reporting your cryptocurrency investments. It is advisable to opt for the TurboTax Premier version if you are a cryptocurrency investor to ensure you meet all the necessary tax requirements.
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• Mar 19, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using the TurboTax Premier version for cryptocurrency investors. This version offers comprehensive features and guidance specifically tailored to handle cryptocurrency tax reporting. With the Premier version, you can easily import your cryptocurrency transactions and receive step-by-step instructions on how to report them accurately. It is highly recommended to choose the TurboTax Premier version for hassle-free and accurate tax reporting as a cryptocurrency investor.
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