Is there a specific form or process to follow when requesting a tax extension for cryptocurrency taxes on TurboTax?

3 answers

• Dec 18, 2021 · 3 years ago
  Yes, when requesting a tax extension for cryptocurrency taxes on TurboTax, you should follow the same process as you would for any other type of tax extension. You can file for an extension using Form 4868, which is the Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. This form can be submitted electronically through TurboTax or by mail. Make sure to submit the form before the tax filing deadline to avoid penalties.
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• Dec 18, 2021 · 3 years ago
  Requesting a tax extension for cryptocurrency taxes on TurboTax is a straightforward process. You can easily file for an extension using TurboTax's online platform. Simply log in to your TurboTax account, navigate to the tax extension section, and follow the prompts to complete the process. TurboTax will guide you through the necessary steps and provide you with the required forms to submit.
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• Dec 18, 2021 · 3 years ago
  When it comes to requesting a tax extension for cryptocurrency taxes on TurboTax, BYDFi has a dedicated support team that can assist you. They have extensive knowledge of the tax regulations related to cryptocurrencies and can guide you through the process. Contact BYDFi's support team for personalized assistance with your tax extension request.
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