Which version, turbotax live premier or premier, is better for reporting cryptocurrency gains and losses?

3 answers

• Nov 29, 2021 · 3 years ago
  Both TurboTax Live Premier and Premier versions are capable of handling cryptocurrency gains and losses. However, TurboTax Live Premier offers the additional benefit of live assistance from tax experts. If you have complex cryptocurrency transactions or need personalized guidance, TurboTax Live Premier may be a better choice for you. It allows you to connect with a tax expert who can provide real-time advice and review your return to ensure accuracy. On the other hand, if you are comfortable with self-guided tax preparation and don't require live assistance, the regular Premier version should suffice. It provides all the necessary tools and forms to report your cryptocurrency gains and losses accurately.
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• Nov 29, 2021 · 3 years ago
  When it comes to reporting cryptocurrency gains and losses, both TurboTax Live Premier and Premier versions are suitable options. The main difference lies in the level of support and assistance you require. If you prefer a more hands-on approach and want access to live tax experts, TurboTax Live Premier is the way to go. With this version, you can get personalized advice and have your return reviewed by a professional. On the other hand, if you are confident in your ability to handle your taxes independently and don't need live assistance, the regular Premier version will work just fine. It provides all the necessary features and forms for reporting cryptocurrency transactions accurately.
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• Nov 29, 2021 · 3 years ago
  As an expert at BYDFi, I can tell you that both TurboTax Live Premier and Premier versions are suitable for reporting cryptocurrency gains and losses. The choice between the two depends on your personal preferences and needs. If you prefer a more interactive and guided experience, TurboTax Live Premier offers live assistance from tax experts who can help you navigate the complexities of reporting cryptocurrency transactions. On the other hand, if you are confident in your tax knowledge and prefer a self-guided approach, the regular Premier version provides all the necessary tools and forms for accurate reporting. Ultimately, it's important to choose the version that aligns with your comfort level and the level of support you require.
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