How can I use turbotax deluxe 2021 to file my cryptocurrency earnings for tax purposes?

1 answers

• Dec 16, 2021 · 3 years ago
  No worries! I got you covered. Here's a step-by-step guide on how to use turbotax deluxe 2021 to file your cryptocurrency earnings for tax purposes: 1. Open turbotax deluxe 2021 and start a new tax return. 2. Enter your personal information, such as your name, address, and social security number. 3. When asked about your income sources, select the option for cryptocurrency earnings. 4. Input the details of your cryptocurrency earnings, including the type of cryptocurrency, the date of acquisition, and the sale price. 5. Turbotax will automatically calculate the capital gains or losses based on the provided information. 6. Review the calculated amounts and make any necessary adjustments. 7. Once you're satisfied with the accuracy of the information, submit your tax return. That's it! Using turbotax deluxe 2021 is a convenient way to report your cryptocurrency earnings for tax purposes.
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