Is there a way to reset TurboTax in order to accurately calculate my digital currency gains and losses?

3 answers

• Aditya VegesnaMar 19, 2025 · a year ago
  Yes, you can reset TurboTax to accurately calculate your digital currency gains and losses. Here's how you can do it: 1. Open TurboTax and go to the section where you entered your digital currency transactions. 2. Look for the option to reset or start over. It might be labeled differently depending on the version of TurboTax you are using. 3. Follow the prompts to reset the section and delete all the previously entered data. 4. Once the section is reset, you can start entering your digital currency transactions again and TurboTax will calculate the gains and losses accurately. Remember to double-check all the information you enter to ensure accuracy. Good luck with your tax calculations!
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• BennApr 07, 2024 · 2 years ago
  Sure thing! If you want to reset TurboTax to accurately calculate your digital currency gains and losses, follow these steps: 1. Open TurboTax and navigate to the section where you entered your digital currency transactions. 2. Look for the option to reset or start over. It should be somewhere in the settings or preferences. 3. Click on the reset/start over option and confirm your decision. 4. TurboTax will clear all the previously entered data and you can start fresh with accurate calculations for your digital currency gains and losses. Make sure to review your transactions and double-check the accuracy of the calculations. Hope this helps!
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• Meredith GallowayMay 18, 2021 · 5 years ago
  Yes, you can reset TurboTax to accurately calculate your digital currency gains and losses. Here's how: 1. Open TurboTax and go to the section where you entered your digital currency transactions. 2. Look for the option to reset or start over. It should be located in the settings or preferences menu. 3. Click on the reset/start over option and confirm your choice. 4. TurboTax will clear all the previously entered data and you can start anew with accurate calculations for your digital currency gains and losses. If you have any other questions or need further assistance, feel free to reach out to BYDFi support. Happy tax season!
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