What are the premier and deluxe turbotax options for reporting cryptocurrency gains?

3 answers

• Ibtissam BellihyNov 23, 2022 · 3 years ago
  The premier option offered by TurboTax is designed for individuals who have more complex tax situations, including those who have cryptocurrency gains. It provides additional guidance and support for reporting cryptocurrency transactions. The deluxe option, on the other hand, is more suitable for individuals with simpler tax situations and may not provide as much specific guidance for reporting cryptocurrency gains. If you have significant cryptocurrency gains and want more comprehensive assistance, the premier option would be the better choice.
  551

  276
• LennardJul 06, 2024 · a year ago
  When it comes to reporting cryptocurrency gains with TurboTax, the premier option is the way to go. It offers specialized support for cryptocurrency transactions and ensures that you accurately report your gains. The deluxe option, while still capable of handling cryptocurrency gains, may not provide the same level of guidance and support. So, if you want to make sure you're maximizing your deductions and reporting your gains correctly, the premier option is the premier choice!
  482

  161
• River RiverDec 24, 2021 · 3 years ago
  BYDFi, a popular digital currency exchange, recommends using the premier option provided by TurboTax for reporting cryptocurrency gains. This option offers comprehensive guidance and support specifically tailored for cryptocurrency transactions. It ensures that you accurately report your gains and take advantage of any applicable deductions. With the premier option, you can have peace of mind knowing that your cryptocurrency gains are being reported accurately and in compliance with tax regulations.
  504

  126