How can I file my state returns using TurboTax Deluxe for cryptocurrency transactions?

1 answers

• Mahdi MortazaviApr 05, 2021 · 5 years ago
  If you're using TurboTax Deluxe to file your state returns with cryptocurrency transactions, you're in luck. TurboTax Deluxe has a dedicated section for reporting cryptocurrency transactions. Simply follow these steps: 1. Open TurboTax Deluxe and start a new return. 2. Look for the section on investment income and select the option for cryptocurrency transactions. 3. Enter the details of each transaction, including the date, type of cryptocurrency, and the amount bought or sold. 4. TurboTax Deluxe will automatically calculate the gains or losses for each transaction. 5. Proceed with the rest of your state return as instructed by TurboTax. With TurboTax Deluxe, filing state returns with cryptocurrency transactions is a breeze!
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