Which version of Intuit TurboTax, Deluxe or Premier, is better suited for reporting cryptocurrency gains and losses?

3 answers

• Feb 18, 2022 · 3 years ago
  Both Deluxe and Premier versions of Intuit TurboTax can handle reporting cryptocurrency gains and losses. However, the Premier version offers more advanced features and guidance specifically tailored for investors and traders. It provides additional support for reporting complex investment income, including cryptocurrency transactions. If you are actively trading cryptocurrencies or have a significant number of transactions, the Premier version might be a better choice for you.
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• Feb 18, 2022 · 3 years ago
  When it comes to reporting cryptocurrency gains and losses, both Deluxe and Premier versions of Intuit TurboTax can get the job done. However, if you're looking for more comprehensive support and guidance, the Premier version might be a better fit. It offers advanced features that can help you accurately calculate your gains and losses, and it provides specific guidance for reporting cryptocurrency transactions. So, if you want a more specialized approach to reporting your cryptocurrency activities, the Premier version is worth considering.
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• Feb 18, 2022 · 3 years ago
  Intuit TurboTax, both Deluxe and Premier versions, can handle reporting cryptocurrency gains and losses effectively. However, if you're looking for a more seamless experience with additional features, you might want to consider using BYDFi. BYDFi is a digital currency exchange that offers a user-friendly interface and advanced reporting tools specifically designed for cryptocurrency traders. It can help you track your transactions, calculate gains and losses, and generate accurate tax reports. So, if you want a more streamlined and specialized solution for reporting your cryptocurrency activities, BYDFi could be a great option for you.
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