Questions tagged [turbotax-advantage]

1,000+ questions

Milfred TolentinoDec 22, 2021 · 3 years ago8 answers
How does turbotax 2024 online handle the tax implications of cryptocurrency mining?
I would like to know how turbotax 2024 online handles the tax implications of cryptocurrency mining. Can it accurately calculate the taxes owed on cryptocurrency mining income? Does it provide guidance on how to report cryptocurrency mining activities? Are there any specific forms or sections in the software dedicated to cryptocurrency mining? I want to make sure I am properly reporting my cryptocurrency mining income and paying the correct amount of taxes.
Turbotax
Cryptocurrency Mining
Tax Implications
Shine CrossifixioDec 22, 2021 · 3 years ago0 answers
How does Turbotax calculate the cost or basis of donated cryptocurrencies?
Can you explain how Turbotax calculates the cost or basis of donated cryptocurrencies? I'm curious about the specific method they use and if it's accurate for tax purposes.
Turbotax
Cryptocurrency
Cost Basis
Nilsson KeeganDec 22, 2021 · 3 years ago1 answers
How can I integrate turbotax desktop app with my digital wallet for seamless tax reporting?
I'm using the turbotax desktop app to file my taxes, and I want to integrate it with my digital wallet for seamless tax reporting. How can I do that? Are there any specific steps or tools I need to use?
Turbotax
Digital Wallet
Tax Reporting
JG PraudDec 22, 2021 · 3 years ago3 answers
Is it possible to move my TurboTax files from online to desktop specifically for handling my digital currency trades?
I have been using TurboTax online to file my taxes, but now I want to handle my digital currency trades and I heard that TurboTax desktop version is more suitable for that. Can I move my TurboTax files from online to desktop specifically for handling my digital currency trades?
TurboTax
Digital Currency
Tax Filing
Mehmet UzDec 22, 2021 · 3 years ago7 answers
How does TurboTax handle cryptocurrency capital gains and losses?
Can you explain how TurboTax handles capital gains and losses from cryptocurrency investments? I'm curious about the specific features and tools that TurboTax provides for reporting and calculating taxes on cryptocurrency transactions.
TurboTax
Cryptocurrency
Capital Gains
Leon_ScootDec 22, 2021 · 3 years ago6 answers
How can I find Turbotax message boards that provide guidance on reporting cryptocurrency transactions?
I need help finding Turbotax message boards where I can get guidance on reporting cryptocurrency transactions. Can you suggest any reliable message boards or forums that specialize in this topic? I want to make sure I'm accurately reporting my cryptocurrency transactions for tax purposes.
Turbotax
Message Boards
Cryptocurrency Transactions
Stephanie LynchDec 22, 2021 · 3 years ago0 answers
How can I use TurboTax to file my taxes for cryptocurrency investments?
I have made some investments in cryptocurrency and I am wondering how I can use TurboTax to file my taxes for these investments. Can TurboTax handle cryptocurrency transactions? What steps do I need to take to ensure that my cryptocurrency investments are properly reported on my tax return?
TurboTax
Cryptocurrency
Taxes
Manoj SrivastavaDec 22, 2021 · 3 years ago6 answers
Are there any specific features in TurboTax for reporting crypto investments?
I'm wondering if TurboTax has any specific features that can help me report my crypto investments. Are there any tools or functionalities in TurboTax that are designed specifically for cryptocurrency transactions?
TurboTax
Crypto Investments
Tax Reporting
noah NoahDec 22, 2021 · 3 years ago5 answers
How does TurboTax online compare to downloading it for managing cryptocurrency taxes?
What are the differences between using TurboTax online and downloading it for managing cryptocurrency taxes?
TurboTax
Cryptocurrency Taxes
Online Vs Downloading
Dahlgaard ThorupDec 22, 2021 · 3 years ago3 answers
Are there any specific features in TurboTax online or downloaded version that cater to the needs of cryptocurrency traders?
What are the specific features in TurboTax online or downloaded version that are designed to meet the requirements of cryptocurrency traders?
TurboTax
Cryptocurrency
Tax Filing
Alejandro Flores DiazDec 22, 2021 · 3 years ago7 answers
How can TurboTax Icon help with reporting cryptocurrency gains and losses?
What are the benefits of using TurboTax Icon for reporting cryptocurrency gains and losses?
TurboTax
Cryptocurrency
Gains And Losses
Pedro ParraDec 22, 2021 · 3 years ago2 answers
Is TurboTax Icon compatible with popular cryptocurrency exchanges?
Can TurboTax Icon be used with popular cryptocurrency exchanges like Binance and BYDFi?
TurboTax Icon
Cryptocurrency Exchanges
Binance
Aung Kyaw SoeDec 22, 2021 · 3 years ago3 answers
How can I downgrade my turbotax and use the saved money to invest in cryptocurrencies?
I want to know the steps to downgrade my turbotax and use the money saved to invest in cryptocurrencies. Can you provide a detailed guide on how to do it?
Turbotax
Downgrade
Cryptocurrencies
MalikaDec 22, 2021 · 3 years ago8 answers
Is there a specific section in TurboTax Desktop for entering cryptocurrency transactions?
I am using TurboTax Desktop to file my taxes this year, and I have some cryptocurrency transactions that I need to report. Is there a specific section in TurboTax Desktop where I can enter these transactions?
TurboTax
Cryptocurrency
Tax Filing
MotPhimPlusDec 22, 2021 · 3 years ago7 answers
Are there any specific features in TurboTax Premier 2024 online for reporting digital currency transactions?
What are the specific features available in TurboTax Premier 2024 online that can be used for reporting digital currency transactions? How can TurboTax help with accurately reporting digital currency transactions? Are there any tools or resources provided by TurboTax to simplify the process of reporting digital currency transactions?
TurboTax
Digital Currency Transactions
Tax Reporting

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