How can I avoid paying for TurboTax with cryptocurrencies?

3 answers

• Dec 18, 2021 · 3 years ago
  Yes, there are platforms that allow you to file your taxes and pay for them with cryptocurrencies. One such platform is CoinTracker. CoinTracker is a popular cryptocurrency tax software that integrates with TurboTax. It allows you to import your cryptocurrency transactions and calculate your tax liability. You can then choose to pay your taxes using cryptocurrencies such as Bitcoin or Ethereum. This provides a convenient and secure way to handle your tax obligations while leveraging the benefits of cryptocurrencies.
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• Dec 18, 2021 · 3 years ago
  Unfortunately, TurboTax itself does not currently offer the option to pay for their services with cryptocurrencies. However, there are alternative platforms and services that you can use. For example, you can consider using a cryptocurrency debit card that allows you to convert your cryptocurrencies into fiat currencies and use them for various expenses, including paying for tax services. This way, you can indirectly use cryptocurrencies to cover the cost of TurboTax or any other tax filing service you prefer.
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• Dec 18, 2021 · 3 years ago
  At BYDFi, we understand the importance of providing convenient options for cryptocurrency users. While TurboTax may not directly accept cryptocurrencies as payment, there are other ways to avoid paying for TurboTax with cryptocurrencies. One option is to use a cryptocurrency exchange that offers a tax filing service. These exchanges often partner with tax software providers to offer seamless integration. You can file your taxes on the exchange platform and choose to pay for the service using cryptocurrencies. This eliminates the need to convert your cryptocurrencies to fiat currencies and provides a more streamlined experience for cryptocurrency users.
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