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Is it possible to upgrade Turbotax Deluxe to Premier to accurately calculate my capital gains and losses from digital currencies?

avatarHarsh SoniNov 29, 2021 · 3 years ago3 answers

I have been using Turbotax Deluxe to file my taxes, but I recently started trading digital currencies and need to accurately calculate my capital gains and losses. Can I upgrade to Turbotax Premier to handle this?

Is it possible to upgrade Turbotax Deluxe to Premier to accurately calculate my capital gains and losses from digital currencies?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Yes, you can upgrade from Turbotax Deluxe to Premier to accurately calculate your capital gains and losses from digital currencies. Turbotax Premier is designed to handle more complex tax situations, including investments in stocks, bonds, and digital currencies. By upgrading, you'll have access to additional features and guidance specific to reporting your cryptocurrency transactions.
  • avatarNov 29, 2021 · 3 years ago
    Absolutely! Upgrading to Turbotax Premier is a smart move if you want to ensure accurate calculations of your capital gains and losses from digital currencies. With the Premier version, you'll have access to advanced tools and step-by-step guidance tailored to cryptocurrency investments. It's a convenient way to stay compliant with tax regulations and maximize your deductions.
  • avatarNov 29, 2021 · 3 years ago
    Yes, you can definitely upgrade from Turbotax Deluxe to Premier to accurately calculate your capital gains and losses from digital currencies. Turbotax Premier offers comprehensive support for various investment types, including digital currencies. It provides a seamless experience for reporting your cryptocurrency transactions and ensures accurate tax calculations. Make sure to review the specific guidelines and instructions provided by Turbotax Premier for cryptocurrency reporting.