Is there a way to remove a state return in TurboTax desktop specifically for reporting cryptocurrency gains?

3 answers

• McDougall SamuelsenJun 06, 2022 · 3 years ago
  Yes, there is a way to remove the state return in TurboTax desktop for reporting cryptocurrency gains. When you are filling out your tax return in TurboTax, you can choose to exclude the state return by deselecting the option to include it. This way, you can focus solely on reporting your cryptocurrency gains without including the state return.
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• Nilesh UttekarAug 09, 2022 · 3 years ago
  Definitely! TurboTax desktop allows you to customize your tax return and exclude the state return specifically for reporting cryptocurrency gains. Simply go to the settings or preferences section in TurboTax, and look for the option to remove the state return. By doing so, you can streamline the process and concentrate on accurately reporting your cryptocurrency gains.
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• pAx24Jul 11, 2021 · 4 years ago
  Absolutely! TurboTax desktop provides the flexibility to exclude the state return when reporting cryptocurrency gains. To do this, you can navigate to the 'State Taxes' section in TurboTax and deselect the option to include the state return. This way, you can focus on reporting your cryptocurrency gains without the additional complexity of the state return. Please note that this information is based on general tax guidelines and it's always recommended to consult a tax professional for personalized advice.
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