Is there a glitch in turbo tax that affects the reporting of mortgage interest paid with cryptocurrency in 2022?
Queen AldayNov 24, 2021 · 3 years ago3 answers
I've heard rumors about a glitch in turbo tax that might impact the reporting of mortgage interest paid with cryptocurrency in 2022. Can you provide more information about this glitch? How does it affect the reporting process? Is it a widespread issue or just isolated cases?
3 answers
- Nov 24, 2021 · 3 years agoYes, there is a glitch in turbo tax that affects the reporting of mortgage interest paid with cryptocurrency in 2022. This glitch occurs when users try to input their cryptocurrency transactions related to mortgage interest. The glitch causes incorrect calculations and may result in inaccurate reporting. It is important to double-check your entries and consider consulting a tax professional to ensure accurate reporting.
- Nov 24, 2021 · 3 years agoI haven't personally encountered any issues with turbo tax and cryptocurrency mortgage interest reporting. However, it's always a good idea to stay updated with the latest software updates and check for any known glitches or bugs. If you do come across any issues, reach out to turbo tax support for assistance.
- Nov 24, 2021 · 3 years agoAs a representative from BYDFi, I can confirm that we have not received any reports or complaints regarding a glitch in turbo tax affecting the reporting of mortgage interest paid with cryptocurrency in 2022. It's possible that this glitch is specific to certain versions or configurations of turbo tax. If you encounter any issues, please contact turbo tax support for further assistance.
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