How can I use TurboTax to calculate my cryptocurrency tax losses?

1 answers

• Dec 20, 2021 · 3 years ago
  Using TurboTax to calculate your cryptocurrency tax losses is a straightforward process. Here's what you need to do: 1. Open TurboTax and navigate to the section for reporting investment income and losses. 2. Enter the details of your cryptocurrency transactions, including the purchase and sale dates, as well as the corresponding gains or losses. 3. TurboTax will automatically calculate your total losses or gains based on the information provided. 4. Take a moment to review the calculations and make any necessary adjustments. 5. Once everything looks good, you can proceed with filing your tax return. I hope this helps! If you have any more questions, feel free to ask.
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