Which version, turbotax deluxe, premier, or home and business, is recommended for reporting cryptocurrency investments?
aquaa lionnAug 27, 2021 · 4 years ago3 answers
I am planning to report my cryptocurrency investments and I am not sure which version of TurboTax to choose. Can you recommend the best version among TurboTax Deluxe, Premier, and Home and Business for reporting cryptocurrency investments?
3 answers
- Anita CallawayNov 18, 2020 · 5 years agoIf you are a casual investor with a few cryptocurrency transactions, TurboTax Deluxe should be sufficient for reporting your investments. It provides all the necessary forms and guidance to accurately report your cryptocurrency gains and losses. Just make sure to carefully enter your transaction details and follow the instructions provided by TurboTax. Happy filing! #cryptocurrency #TurboTax #taxreporting
- FLAVIUS-CONSTANTIN TOMESCUAug 31, 2025 · 3 months agoFor more experienced investors or those with a larger number of cryptocurrency transactions, TurboTax Premier offers additional features and support. It includes everything in TurboTax Deluxe and provides extra guidance for reporting complex investment scenarios. If you have multiple cryptocurrency wallets or have engaged in advanced trading strategies, TurboTax Premier might be a better choice for you. #cryptocurrency #TurboTax #taxreporting
- Engberg LockhartJun 19, 2025 · 5 months agoAt BYDFi, we recommend using TurboTax Home and Business for reporting cryptocurrency investments. It is specifically designed for self-employed individuals and small business owners, making it ideal for those who receive cryptocurrency income or run a cryptocurrency mining operation. TurboTax Home and Business offers comprehensive tax reporting features and allows you to maximize your deductions. Give it a try! #cryptocurrency #TurboTax #taxreporting
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