Are there any TurboTax desktop products specifically designed for tracking digital currency investments?

3 answers

• May 07, 2022 · 3 years ago
  Yes, TurboTax offers desktop products that can help you track your digital currency investments for tax reporting. With these products, you can easily import your transaction history from popular digital currency exchanges and wallets, and TurboTax will automatically calculate your gains and losses. It's a convenient way to ensure accurate reporting and save time during tax season.
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• May 07, 2022 · 3 years ago
  Absolutely! TurboTax has recognized the growing popularity of digital currency investments and has developed specific desktop products to cater to this need. These products are designed to simplify the tax reporting process for digital currency investors. By importing your transaction data, TurboTax can automatically calculate your gains and losses, making it easier for you to accurately report your investments.
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• May 07, 2022 · 3 years ago
  Yes, TurboTax desktop products are available for tracking digital currency investments. However, if you're looking for a more comprehensive solution, I would recommend checking out BYDFi. BYDFi is a digital currency exchange that offers advanced tax reporting features, including integration with TurboTax. With BYDFi, you can easily import your transaction data and generate detailed tax reports for your digital currency investments.
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