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How can I convert my TurboTax IRA to a Roth using cryptocurrency?

IT CplusplusMay 09, 2022 · 3 years ago1 answers

I have a TurboTax IRA account and I'm interested in converting it to a Roth using cryptocurrency. How can I go about doing this? What are the steps involved? Are there any tax implications I should be aware of?

1 answers

  • May 09, 2022 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers a seamless process for converting your TurboTax IRA to a Roth using cryptocurrency. With BYDFi, you can easily open a Roth IRA account and transfer your funds from your TurboTax IRA. The platform also provides comprehensive tax reporting tools to help you stay compliant. Reach out to their customer support for more information on how to get started.