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How does Turbotax Deluxe compare to Premier when it comes to filing taxes for cryptocurrency investments?

Daniela C.Jun 16, 2022 · 3 years ago1 answers

I am wondering about the differences between Turbotax Deluxe and Premier when it comes to filing taxes for cryptocurrency investments. Can you provide a detailed comparison of the two versions in terms of their features, pricing, and support for reporting cryptocurrency transactions? Which version would be more suitable for someone who has made cryptocurrency investments and needs to accurately report their gains and losses for tax purposes?

Turbotax Deluxe
Turbotax Premier
Cryptocurrency Investments

1 answers

  • Franck DouglasMay 27, 2024 · a year ago
    In conclusion, Turbotax Deluxe and Premier are both capable of handling cryptocurrency investments, but Premier offers more advanced features and support for complex tax situations. If you have a straightforward tax situation with only cryptocurrency investments, Turbotax Deluxe should be sufficient. However, if you have multiple investments or additional sources of income, Turbotax Premier may be a better choice. It's also important to keep accurate records of your cryptocurrency transactions to ensure accurate reporting and compliance with tax regulations.

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