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What are the fees associated with using TurboTax Live for cryptocurrency tax services?

avatarHatcher ElliottNov 27, 2021 · 3 years ago3 answers

Can you provide details about the fees charged for using TurboTax Live for cryptocurrency tax services? I would like to know how much it costs to use this service and what the fees cover.

What are the fees associated with using TurboTax Live for cryptocurrency tax services?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    Sure! When using TurboTax Live for cryptocurrency tax services, there are fees associated with the service. The fees vary depending on the complexity of your tax situation and the level of support you choose. TurboTax Live offers different tiers of service, ranging from basic to advanced, with corresponding fees. These fees cover the cost of expert guidance and support from certified tax professionals who specialize in cryptocurrency taxes. It's important to note that the fees for TurboTax Live are separate from the fees you may incur for filing your taxes with the IRS. Make sure to check the TurboTax website for the most up-to-date pricing information.
  • avatarNov 27, 2021 · 3 years ago
    The fees for using TurboTax Live for cryptocurrency tax services depend on the level of support you choose. TurboTax offers different tiers of service, including Basic Live, Deluxe Live, Premier Live, and Self-Employed Live. Each tier has its own fee structure, with higher levels of support typically costing more. The fees cover the cost of having a tax expert review your return, provide personalized advice, and answer any questions you may have. Keep in mind that the fees for TurboTax Live are in addition to the regular TurboTax software fees. It's always a good idea to review the pricing details on the TurboTax website to determine which tier of service best suits your needs and budget.
  • avatarNov 27, 2021 · 3 years ago
    BYDFi is a cryptocurrency exchange that also offers tax services. When using TurboTax Live for cryptocurrency tax services, you can expect to pay fees based on the level of support you choose. TurboTax Live provides access to certified tax professionals who specialize in cryptocurrency taxes. The fees cover the cost of expert guidance and support throughout the tax filing process. It's important to review the pricing details on the TurboTax website to understand the fees associated with the specific level of support you require. Remember, the fees for TurboTax Live are separate from any fees you may incur for filing your taxes with the IRS.