BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
Bots
Events
common-tag-new-0
Rewards

How to update turbotax desktop for cryptocurrency transactions?

Priyanshu HaldarMay 02, 2022 · 3 years ago1 answers

I need help updating turbotax desktop for cryptocurrency transactions. Can someone guide me through the process step by step?

1 answers

  • May 02, 2022 · 3 years ago
    Updating turbotax desktop for cryptocurrency transactions is a common concern among crypto enthusiasts. Here's a simple guide to help you out: 1. Open turbotax desktop on your computer. 2. Go to the 'Federal Taxes' section and select 'Wages & Income'. 3. Look for the 'Cryptocurrency' option and click on 'Start'. 4. Import your cryptocurrency transactions using the available methods. 5. Review the imported data and make any necessary modifications. 6. Proceed with the rest of your tax filing process. That's it! You have successfully updated turbotax desktop for cryptocurrency transactions. If you have any more queries, feel free to ask!