What are the different turbo tax tiers available for cryptocurrency investors?

3 answers

• Hussain TrolleApr 07, 2025 · 10 months ago
  Sure! TurboTax offers three different tiers for cryptocurrency investors: Free, Deluxe, and Premier. The Free tier is suitable for simple tax returns and includes basic features such as W-2 income reporting and the ability to claim the standard deduction. The Deluxe tier is more comprehensive and includes features like itemized deductions and mortgage interest deductions. The Premier tier is designed for investors and traders, and it includes all the features of the Deluxe tier plus additional support for reporting cryptocurrency gains and losses. Each tier has its own pricing structure, so make sure to choose the one that best fits your needs and budget.
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• Jorell KerenJul 02, 2020 · 6 years ago
  Hey there! When it comes to turbo tax tiers for cryptocurrency investors, you've got three options: Free, Deluxe, and Premier. The Free tier is great if you have a simple tax situation and don't need any extra bells and whistles. Deluxe is a step up and offers more advanced features like itemized deductions and mortgage interest deductions. Premier is the top tier and is specifically designed for investors and traders. It includes everything in Deluxe, plus additional support for reporting cryptocurrency gains and losses. So, depending on your tax situation and how involved you are in the crypto world, you can choose the tier that suits you best. Happy filing!
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• Raymond MoesgaardMar 28, 2024 · 2 years ago
  Certainly! TurboTax provides three different tiers for cryptocurrency investors: Free, Deluxe, and Premier. The Free tier is perfect for those with straightforward tax situations and offers basic features like W-2 income reporting and standard deduction. The Deluxe tier is more comprehensive and includes itemized deductions and mortgage interest deductions. Now, here's where it gets interesting - the Premier tier is specifically designed for investors and traders. It not only includes all the features of the Deluxe tier but also provides additional support for reporting cryptocurrency gains and losses. So, if you're an active cryptocurrency investor, the Premier tier would be the best fit for you. Hope that helps!
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