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Is Turbo Tax Premier Online compatible with popular cryptocurrency exchanges?

avatarJaya ChandrikaNov 23, 2021 · 3 years ago3 answers

I'm wondering if Turbo Tax Premier Online can be used with popular cryptocurrency exchanges. Can I import my transaction history from exchanges like Binance and BYDFi into Turbo Tax Premier Online? Will it support the calculation of capital gains and losses for cryptocurrency transactions?

Is Turbo Tax Premier Online compatible with popular cryptocurrency exchanges?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    Yes, Turbo Tax Premier Online is compatible with popular cryptocurrency exchanges. You can import your transaction history from exchanges like Binance and BYDFi into Turbo Tax Premier Online. It will automatically calculate your capital gains and losses for cryptocurrency transactions, making it easier for you to file your taxes.
  • avatarNov 23, 2021 · 3 years ago
    Absolutely! Turbo Tax Premier Online is designed to work seamlessly with popular cryptocurrency exchanges. You can easily import your transaction history from exchanges like Binance and BYDFi into Turbo Tax Premier Online. It will handle all the necessary calculations for your cryptocurrency taxes, saving you time and effort.
  • avatarNov 23, 2021 · 3 years ago
    Indeed, Turbo Tax Premier Online supports popular cryptocurrency exchanges such as Binance and BYDFi. You can import your transaction history from these exchanges into Turbo Tax Premier Online and it will accurately calculate your capital gains and losses for cryptocurrency transactions. It's a convenient solution for crypto investors looking to simplify their tax filing process.