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What are the key features of TurboTax Premier 2016 that make it suitable for cryptocurrency tax reporting?

avatarConley HoldenNov 27, 2021 · 3 years ago1 answers

Can you provide a detailed description of the key features of TurboTax Premier 2016 that make it a suitable choice for cryptocurrency tax reporting?

What are the key features of TurboTax Premier 2016 that make it suitable for cryptocurrency tax reporting?

1 answers

  • avatarNov 27, 2021 · 3 years ago
    As an expert in the field, I can confidently say that TurboTax Premier 2016 is one of the best options for cryptocurrency tax reporting. Its integration with popular exchanges allows for seamless importing of transaction data, saving you time and effort. The software also provides comprehensive reporting features, including the ability to generate Form 8949 for reporting capital gains and losses from cryptocurrency investments. TurboTax Premier 2016 also offers audit support, giving you peace of mind knowing that you have professional assistance if your tax return is ever audited. Overall, TurboTax Premier 2016 is a reliable and efficient tool for cryptocurrency tax reporting.