How can I report my cryptocurrency investments in TurboTax Premier 2017?

7 answers

• mrll3Mar 11, 2024 · 2 years ago
  To report your cryptocurrency investments in TurboTax Premier 2017, you will need to use the section for reporting capital gains and losses. In TurboTax, go to the 'Federal Taxes' tab and select 'Wages & Income'. Then, scroll down and click on 'Investment Income' and select 'Stocks, Mutual Funds, Bonds, Other'. From there, you can enter the details of your cryptocurrency investments, including the purchase price, sale price, and any fees or commissions. TurboTax will automatically calculate your capital gains or losses based on the information you provide.
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• Shanil boodhooaJul 25, 2021 · 4 years ago
  Reporting cryptocurrency investments in TurboTax Premier 2017 is easy! Just follow these steps: 1. Open TurboTax Premier 2017. 2. Go to the 'Federal Taxes' tab. 3. Select 'Wages & Income'. 4. Scroll down and click on 'Investment Income'. 5. Choose 'Stocks, Mutual Funds, Bonds, Other'. 6. Enter the details of your cryptocurrency investments, such as the purchase price and sale price. 7. TurboTax will do the rest and calculate your capital gains or losses for you. It's that simple!
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• toxicguide5711Apr 30, 2024 · 2 years ago
  If you're using BYDFi, reporting your cryptocurrency investments in TurboTax Premier 2017 is a breeze. Simply follow these steps: 1. Open TurboTax Premier 2017. 2. Navigate to the 'Federal Taxes' tab. 3. Click on 'Wages & Income'. 4. Scroll down and select 'Investment Income'. 5. Choose 'Stocks, Mutual Funds, Bonds, Other'. 6. Enter the relevant details of your cryptocurrency investments. 7. TurboTax will take care of the calculations and generate the necessary forms for you. Remember to keep accurate records of your transactions for tax purposes.
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• Tom BrovenderSep 02, 2025 · 2 months ago
  When it comes to reporting your cryptocurrency investments in TurboTax Premier 2017, it's important to accurately enter the information to ensure compliance with tax regulations. Follow these steps: 1. Open TurboTax Premier 2017. 2. Go to the 'Federal Taxes' tab. 3. Select 'Wages & Income'. 4. Scroll down and click on 'Investment Income'. 5. Choose 'Stocks, Mutual Funds, Bonds, Other'. 6. Enter the details of your cryptocurrency investments, including the purchase price, sale price, and any fees. 7. TurboTax will handle the calculations and generate the necessary forms for you.
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• Johnston LodbergMar 09, 2022 · 4 years ago
  Reporting your cryptocurrency investments in TurboTax Premier 2017 is a straightforward process. Here's what you need to do: 1. Open TurboTax Premier 2017. 2. Navigate to the 'Federal Taxes' tab. 3. Click on 'Wages & Income'. 4. Scroll down and select 'Investment Income'. 5. Choose 'Stocks, Mutual Funds, Bonds, Other'. 6. Enter the relevant details of your cryptocurrency investments, such as the purchase price and sale price. 7. TurboTax will take care of the rest and calculate your capital gains or losses for you. Remember to keep accurate records of your transactions for tax purposes.
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• Broe AycockFeb 02, 2023 · 3 years ago
  When using TurboTax Premier 2017 to report your cryptocurrency investments, follow these steps: 1. Open TurboTax Premier 2017. 2. Go to the 'Federal Taxes' tab. 3. Select 'Wages & Income'. 4. Scroll down and click on 'Investment Income'. 5. Choose 'Stocks, Mutual Funds, Bonds, Other'. 6. Enter the details of your cryptocurrency investments, including the purchase price, sale price, and any fees. 7. TurboTax will handle the calculations and generate the necessary forms for you. Make sure to keep accurate records of your transactions for tax purposes.
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• MrSensibleMay 23, 2023 · 2 years ago
  To report your cryptocurrency investments in TurboTax Premier 2017, follow these steps: 1. Open TurboTax Premier 2017. 2. Go to the 'Federal Taxes' tab. 3. Select 'Wages & Income'. 4. Scroll down and click on 'Investment Income'. 5. Choose 'Stocks, Mutual Funds, Bonds, Other'. 6. Enter the relevant details of your cryptocurrency investments, such as the purchase price and sale price. 7. TurboTax will calculate your capital gains or losses based on the information provided. Remember to keep accurate records of your transactions for tax purposes.
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