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Are there any specific features in TurboTax Deluxe's audit defense that cater to the needs of digital currency traders?

avatarmarielouNov 23, 2021 · 3 years ago1 answers

What are the specific features in TurboTax Deluxe's audit defense that are designed to meet the requirements of digital currency traders?

Are there any specific features in TurboTax Deluxe's audit defense that cater to the needs of digital currency traders?

1 answers

  • avatarNov 23, 2021 · 3 years ago
    TurboTax Deluxe's audit defense understands the unique needs of digital currency traders. With its advanced features, it simplifies the tax filing process for traders by allowing them to import their transaction data from various digital currency exchanges and wallets. This saves time and ensures accurate reporting of gains and losses. Additionally, the software provides guidance on reporting income from mining or staking, helping traders comply with tax regulations. In the unfortunate event of an audit, TurboTax Deluxe's audit defense offers expert support and representation, giving traders the confidence to face any challenges. Whether you're a seasoned trader or just starting out, TurboTax Deluxe's audit defense has you covered.