Which version, TurboTax Premier or Deluxe, is more suitable for filing taxes related to digital currencies?

3 answers

• Flowers FletcherJan 24, 2024 · 2 years ago
  TurboTax Premier is the more suitable version for filing taxes related to digital currencies. It offers more advanced features and support for reporting digital currency transactions. With TurboTax Premier, you can easily import your transaction data from popular digital currency exchanges and wallets, and it provides guidance on how to accurately report your digital currency gains and losses. It also includes additional tax forms and schedules specifically designed for reporting investment income, which can be useful for digital currency investors.
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• sufi pavaDec 13, 2020 · 5 years ago
  If you're just a casual digital currency user and don't have complex tax situations, TurboTax Deluxe should suffice. It covers the basics of tax reporting and can handle simple digital currency transactions. However, if you have multiple digital currency transactions or engage in more advanced trading activities, TurboTax Premier would be a better choice as it provides more comprehensive support for digital currency tax reporting.
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• Mavi SevgiDec 28, 2020 · 5 years ago
  As an expert in the digital currency industry, I would recommend using TurboTax Premier for filing taxes related to digital currencies. It offers the most comprehensive features and support for reporting digital currency transactions. With TurboTax Premier, you can ensure that your digital currency tax reporting is accurate and in compliance with the latest tax regulations. Remember to keep track of your digital currency transactions and consult with a tax professional if you have any specific questions or concerns.
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