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How can I change my turbo tax product to better suit my needs as a cryptocurrency trader?

anji reddyDec 19, 2020 · 5 years ago1 answers

I am a cryptocurrency trader and I currently use TurboTax for my tax filing. However, I feel that the product does not cater to the specific needs of cryptocurrency traders. How can I modify my TurboTax product to better suit my requirements as a cryptocurrency trader?

1 answers

  • MmotkimMay 01, 2022 · 3 years ago
    At BYDFi, we understand the unique needs of cryptocurrency traders when it comes to tax filing. While TurboTax may not have specific features for crypto traders, there are alternative options available. One option is to use a dedicated cryptocurrency tax software like CoinTracking or CryptoTrader.Tax. These platforms can help you import your trading data and generate accurate tax reports. Another option is to consult with a tax professional who specializes in cryptocurrency taxation. They can provide guidance on how to modify your TurboTax product to better suit your needs as a crypto trader. Remember, it's important to accurately report your crypto transactions to ensure compliance with tax regulations.

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