uday_bushettiwarNov 24, 2021 · 3 years ago3 answers How does TurboTax Premier 2022 handle reporting of cryptocurrency investments and gains?
Can you provide a detailed explanation of how TurboTax Premier 2022 handles the reporting of cryptocurrency investments and gains? I am specifically interested in understanding the features and functionalities of TurboTax Premier 2022 that make it suitable for accurately reporting cryptocurrency transactions and gains. How does the software handle different types of cryptocurrency investments, such as buying, selling, and trading? Does it support reporting gains from mining or staking activities? How does TurboTax Premier 2022 handle the calculation of gains and losses for cryptocurrency investments? Does it integrate with popular cryptocurrency exchanges to automatically import transaction data? I would appreciate any insights into the specific steps and processes involved in using TurboTax Premier 2022 for cryptocurrency tax reporting.