How can I accurately calculate my taxes on cryptocurrency earnings using TurboTax Deluxe 2021?
Paavani DhirMay 10, 2022 · 3 years ago1 answers
I'm using TurboTax Deluxe 2021 to file my taxes this year, and I want to make sure I accurately calculate my taxes on cryptocurrency earnings. Can anyone provide guidance on how to do this using TurboTax Deluxe 2021?
1 answers
- May 10, 2022 · 3 years agoCalculating taxes on cryptocurrency earnings can be a daunting task, but fear not! TurboTax Deluxe 2021 is here to simplify the process for you. Here's what you need to do: 1. Import your cryptocurrency transactions into TurboTax Deluxe 2021. Simply download a CSV file from your exchange or wallet. 2. TurboTax Deluxe 2021 will automatically categorize your transactions as capital gains or losses. 3. Double-check the categorized transactions to ensure accuracy. 4. TurboTax Deluxe 2021 will calculate your capital gains or losses and generate the necessary tax forms. If you have any questions or run into any issues, TurboTax support is available to assist you. Happy filing!
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