Which version, TurboTax Deluxe or Premier, is better suited for individuals who have invested in cryptocurrencies?

3 answers

• Feb 18, 2022 · 3 years ago
  If you have invested in cryptocurrencies, both TurboTax Deluxe and Premier can handle your tax situation. However, TurboTax Premier offers more advanced features and is better suited for individuals with complex investment portfolios. It provides additional guidance for reporting capital gains and losses from cryptocurrency investments, as well as other investment income. So, if you have a significant amount of cryptocurrency investments and want more comprehensive support, TurboTax Premier would be the better choice for you.
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• Feb 18, 2022 · 3 years ago
  When it comes to TurboTax versions, both Deluxe and Premier can handle cryptocurrency investments. However, if you're looking for more advanced features and guidance specifically tailored to cryptocurrency investments, TurboTax Premier is the way to go. It provides step-by-step instructions for reporting your cryptocurrency transactions, including buying, selling, and mining. Additionally, it offers expert advice on how to maximize your deductions and minimize your tax liability related to cryptocurrencies. So, if you want a more specialized approach to handling your cryptocurrency investments, TurboTax Premier is the better option for you.
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• Feb 18, 2022 · 3 years ago
  For individuals who have invested in cryptocurrencies, TurboTax Premier is the recommended version. With its advanced features and specialized guidance, it ensures that you accurately report your cryptocurrency transactions and maximize your tax benefits. TurboTax Premier provides comprehensive support for reporting capital gains and losses from cryptocurrency investments, as well as other investment income. It also offers personalized advice on how to optimize your tax situation based on your specific cryptocurrency holdings. So, if you want the best possible assistance for your cryptocurrency investments, TurboTax Premier is the way to go.
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