Questions tagged [turbotax-payments]

1,000+ questions

Puffkingpro gamedevDec 22, 2021 · 3 years ago5 answers
What are the differences between TurboTax Standard and Basic for cryptocurrency transactions?
Can you please explain the key distinctions between TurboTax Standard and Basic when it comes to handling cryptocurrency transactions? I'm specifically interested in understanding how these two versions differ in terms of features, support, and ease of use for reporting cryptocurrency activities on tax returns.
TurboTax
Standard
Basic
Angshu BiswasDec 22, 2021 · 3 years ago3 answers
Is Turbotax safe for cryptocurrency investors?
As a cryptocurrency investor, I am wondering if Turbotax is a safe option for filing my taxes. Can I trust Turbotax to handle my cryptocurrency transactions and ensure accurate reporting?
Turbotax
Cryptocurrency
Tax Filing
James SparraDec 22, 2021 · 3 years ago9 answers
How does TurboTax 2011 USA handle cryptocurrency transactions for tax purposes?
Can TurboTax 2011 USA accurately calculate and report cryptocurrency transactions for tax purposes? How does it handle different types of cryptocurrency transactions, such as buying, selling, and mining? Does it support popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin? Is there a specific section or form in TurboTax dedicated to reporting cryptocurrency transactions? Can TurboTax automatically import transaction data from popular cryptocurrency exchanges? How does TurboTax handle the calculation of capital gains and losses for cryptocurrency transactions?
TurboTax
Cryptocurrency Transactions
Tax Purposes
AmosDec 22, 2021 · 3 years ago9 answers
How can TurboTax Home and Business help me with reporting my cryptocurrency investments?
Can you explain how TurboTax Home and Business can assist me in reporting my cryptocurrency investments? I am interested in understanding how this software can simplify the process and ensure accurate reporting.
TurboTax
Cryptocurrency Investments
Tax Reporting
Anshuman YadavDec 22, 2021 · 3 years ago8 answers
What are the different versions of TurboTax available for cryptocurrency investors?
Can you provide a detailed explanation of the different versions of TurboTax that are specifically designed for cryptocurrency investors? I'm looking for information on the features, pricing, and any limitations or restrictions that may apply to each version.
TurboTax
Cryptocurrency
Tax Software
Hadar MaymonDec 22, 2021 · 3 years ago9 answers
Are there any specific features in TurboTax online for reporting cryptocurrency gains and losses in 2021?
I would like to know if TurboTax online has any specific features for reporting cryptocurrency gains and losses in 2021. Can it handle different types of cryptocurrencies and calculate the gains and losses accurately? How does it handle transactions from different exchanges? Does it support importing data directly from popular cryptocurrency exchanges like Binance and BYDFi? What are the steps involved in reporting cryptocurrency gains and losses using TurboTax online?
TurboTax Online
Cryptocurrency Gains And Losses
2021
Fortune AkpanDec 22, 2021 · 3 years ago2 answers
How does TurboTax Premier K-1 handle cryptocurrency investments for tax purposes?
Can TurboTax Premier K-1 handle the taxation of cryptocurrency investments? How does it handle the reporting of gains or losses from cryptocurrency trading? Does it support various types of cryptocurrencies and exchanges?
TurboTax
Cryptocurrency Investments
Tax Purposes
Sofia MelnykDec 22, 2021 · 3 years ago8 answers
How does TurboTax calculate the cost for self-employed individuals who earn income from cryptocurrency trading?
Can you explain how TurboTax calculates the cost for self-employed individuals who earn income from cryptocurrency trading? I'm curious to know the specific methods and factors that TurboTax takes into consideration when determining the cost for self-employed individuals who earn income from cryptocurrency trading.
TurboTax
Cryptocurrency Trading
Self-employed
Krisjane RealizaDec 22, 2021 · 3 years ago7 answers
How does TurboTax calculate the expenses for a digital currency business?
I'm wondering how TurboTax calculates the expenses for a digital currency business. Can you explain the process in detail?
TurboTax
Digital Currency
Expenses
Dhananjana HirushanDec 22, 2021 · 3 years ago5 answers
What are the key differences between TurboTax Deluxe and TurboTax Premier in terms of handling cryptocurrency transactions in 2015?
Can you explain the main distinctions between TurboTax Deluxe and TurboTax Premier when it comes to managing cryptocurrency transactions in 2015? I'm particularly interested in understanding how these two versions of TurboTax differ in terms of their features and capabilities for handling cryptocurrency-related tax reporting and calculations.
TurboTax
Deluxe
Premier
José Luis Ramirez OrtizDec 22, 2021 · 3 years ago0 answers
How many users does TurboTax Premier support for cryptocurrency transactions?
I'm wondering about the number of users that TurboTax Premier can support for cryptocurrency transactions. Can you provide some information on this?
TurboTax Premier
Cryptocurrency Transactions
Users
surjith surjiDec 22, 2021 · 3 years ago9 answers
What are the key differences between TurboTax desktop and online versions for reporting cryptocurrency transactions?
Can you explain the main variations between TurboTax desktop and online versions when it comes to reporting cryptocurrency transactions? What are the advantages and disadvantages of each version?
TurboTax
Desktop Version
Online Version
Aayush adhanaDec 22, 2021 · 3 years ago5 answers
What are the differences between TurboTax Premier and TurboTax Deluxe when it comes to reporting cryptocurrency investments?
Can you explain the variations between TurboTax Premier and TurboTax Deluxe in terms of reporting cryptocurrency investments? I would like to know the specific features and benefits offered by each version when it comes to reporting my cryptocurrency investments for tax purposes. Are there any differences in terms of supported exchanges, tax forms, or any other relevant aspects?
TurboTax Premier
TurboTax Deluxe
Cryptocurrency Investments
Lorentsen TherkelsenDec 22, 2021 · 3 years ago7 answers
How does TurboTax handle cryptocurrency transactions for self-employed individuals?
I would like to know how TurboTax handles cryptocurrency transactions for self-employed individuals. Can TurboTax accurately calculate the tax liabilities and deductions related to cryptocurrency income? Does TurboTax support different types of cryptocurrencies and wallets? How does TurboTax handle the reporting of cryptocurrency transactions on Schedule C for self-employed individuals? What are the specific steps and requirements for reporting cryptocurrency transactions with TurboTax?
TurboTax
Cryptocurrency
Self-employed
Pedro MartinDec 22, 2021 · 3 years ago9 answers
Does Turbotax Premier support reporting cryptocurrency gains and losses?
I'm wondering if Turbotax Premier has the capability to handle reporting of gains and losses from cryptocurrency investments. Can it accurately calculate and report the taxable income from buying and selling cryptocurrencies? Does it support various types of cryptocurrencies and exchanges? How user-friendly is the process of reporting cryptocurrency gains and losses with Turbotax Premier?
Turbotax Premier
Cryptocurrency Gains And Losses
Reporting

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