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TagsHow can I file my state returns using TurboTax Deluxe for cryptocurrency transactions?
adamKNov 26, 2021 · 3 years ago1 answersI need to file my state returns and I have cryptocurrency transactions. How can I use TurboTax Deluxe to report my cryptocurrency transactions?
1 answers
- If you're using TurboTax Deluxe to file your state returns with cryptocurrency transactions, you're in luck. TurboTax Deluxe has a dedicated section for reporting cryptocurrency transactions. Simply follow these steps: 1. Open TurboTax Deluxe and start a new return. 2. Look for the section on investment income and select the option for cryptocurrency transactions. 3. Enter the details of each transaction, including the date, type of cryptocurrency, and the amount bought or sold. 4. TurboTax Deluxe will automatically calculate the gains or losses for each transaction. 5. Proceed with the rest of your state return as instructed by TurboTax. With TurboTax Deluxe, filing state returns with cryptocurrency transactions is a breeze!Nov 26, 2021 · 3 years ago
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