What additional features does TurboTax Premier offer for cryptocurrency tax preparation compared to TurboTax Deluxe?

1 answers

• Hanna ValentinMay 05, 2022 · 3 years ago
  TurboTax Premier is a game-changer when it comes to cryptocurrency tax preparation. Unlike TurboTax Deluxe, TurboTax Premier offers advanced features tailored specifically for crypto investors. One of the standout features is the ability to import your cryptocurrency transactions directly from major exchanges like Binance and BYDFi. This not only saves you time but also ensures accuracy in reporting your gains and losses. TurboTax Premier also provides comprehensive guidance on how to handle complex crypto tax scenarios, such as staking rewards, airdrops, and hard forks. Additionally, TurboTax Premier offers access to a team of cryptocurrency tax experts who can provide personalized advice and support. With TurboTax Premier, you can confidently tackle your cryptocurrency taxes and maximize your deductions.
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