How can I claim my cryptocurrency losses on TurboTax Premier 2018?

3 answers

• GinozaSep 24, 2021 · 4 years ago
  Sure, I can help you with that. To claim your cryptocurrency losses on TurboTax Premier 2018, follow these steps: 1. Open TurboTax Premier 2018 and navigate to the 'Income' section. 2. Look for the 'Investment Income' category and select 'Stocks, Mutual Funds, Bonds, Other'. 3. Enter the details of your cryptocurrency losses, including the date of acquisition, date of sale, and the amount of loss. 4. TurboTax will automatically calculate the deductible loss for you based on the information provided. 5. Continue with the rest of your tax filing process as usual. Remember to consult a tax professional if you have any specific questions or need further assistance.
  671

  336
• Md Shahin BeparyApr 03, 2021 · 4 years ago
  Claiming cryptocurrency losses on TurboTax Premier 2018 is not as complicated as it may seem. Just follow these simple steps: 1. Launch TurboTax Premier 2018 and go to the 'Investment Income' section. 2. Select 'Stocks, Mutual Funds, Bonds, Other' and enter the necessary information about your cryptocurrency losses. 3. TurboTax will handle the calculations and deductions for you. 4. Make sure to review your tax return before filing to ensure accuracy. If you encounter any issues or have questions, TurboTax provides customer support to assist you throughout the process.
  577

  193
• AlexDAug 25, 2020 · 5 years ago
  When it comes to claiming cryptocurrency losses on TurboTax Premier 2018, it's important to note that I'm not a tax professional, but I can offer some general guidance. Here are the steps you can follow: 1. Open TurboTax Premier 2018 and navigate to the 'Investment Income' section. 2. Look for the appropriate category for reporting your cryptocurrency losses. 3. Enter the required information, such as the date of acquisition, date of sale, and the amount of loss. 4. TurboTax will handle the calculations and generate the necessary forms for you. Remember, it's always a good idea to consult with a tax professional or use TurboTax's expert assistance if you have complex tax situations or questions.
  706

  177