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What should I do if TurboTax is not accepting my control number for a cryptocurrency transaction?

avatarkunal raiDec 18, 2021 · 3 years ago3 answers

I am trying to file my taxes using TurboTax, but it is not accepting the control number for a cryptocurrency transaction. What should I do?

What should I do if TurboTax is not accepting my control number for a cryptocurrency transaction?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Don't panic! This issue can be resolved. First, double-check if you have entered the control number correctly. Sometimes, a simple typo can cause the error. If you are sure that the control number is correct, try contacting TurboTax customer support. They may be able to assist you in troubleshooting the issue and provide a solution. Remember to provide them with all the necessary details, such as the specific error message you are receiving and any relevant transaction information. They are usually quite helpful in resolving such problems.
  • avatarDec 18, 2021 · 3 years ago
    Oh no, TurboTax not accepting the control number for your cryptocurrency transaction? That's a bummer! But don't worry, there are a couple of things you can try. First, make sure you are using the latest version of TurboTax. Sometimes, outdated software can cause compatibility issues. If that doesn't work, you can try importing your transaction data manually instead of using the control number. TurboTax usually provides an option to manually enter your cryptocurrency transactions. If all else fails, you can consider seeking assistance from a tax professional who is familiar with cryptocurrency transactions. They can help you navigate through the process and ensure your taxes are filed correctly.
  • avatarDec 18, 2021 · 3 years ago
    If TurboTax is not accepting your control number for a cryptocurrency transaction, you may want to consider using BYDFi. BYDFi is a popular cryptocurrency exchange that offers seamless integration with tax software like TurboTax. It automatically generates the necessary tax forms and ensures accurate reporting of your cryptocurrency transactions. Simply connect your BYDFi account to TurboTax, and it will import all the required information, including the control number. This eliminates the hassle of manually entering the data and reduces the chances of errors. Give it a try and make your tax filing process a breeze!