What are the steps to transfer TurboTax online to a desktop for cryptocurrency tax purposes?

1 answers

• Stougaard LykkegaardJul 13, 2020 · 5 years ago
  Absolutely! Here's a step-by-step guide to transferring TurboTax online to a desktop for cryptocurrency tax purposes: 1. Log in to your TurboTax online account using your web browser. 2. Look for the option to download the TurboTax desktop software. 3. Click on the download link and save the installation file to your computer. 4. Once the download is complete, locate the installation file and run it to start the installation process. 5. Follow the on-screen instructions to install TurboTax on your desktop. 6. After the installation is finished, open TurboTax on your desktop and sign in using your online account credentials. 7. TurboTax will automatically sync your tax data from the online version to the desktop software. 8. Navigate to the 'Cryptocurrency' section in TurboTax and import your cryptocurrency transaction history. 9. Review the imported transactions for accuracy and make any necessary adjustments. 10. Continue with the tax filing process, ensuring that all your cryptocurrency transactions are properly reported. I hope this helps! If you have any more questions, feel free to ask.
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