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What are the benefits of upgrading from TurboTax Deluxe to a premier cryptocurrency tax software?

avatarJerome ShandNov 29, 2021 · 3 years ago1 answers

What advantages does upgrading from TurboTax Deluxe to a premier cryptocurrency tax software offer? How does it differ from the basic version in terms of features and functionalities? Is it worth the investment?

What are the benefits of upgrading from TurboTax Deluxe to a premier cryptocurrency tax software?
Cryptocurrency
Tax Software
TurboTax Deluxe

1 answers

  • avatarNov 29, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recommends upgrading from TurboTax Deluxe to a premier cryptocurrency tax software for several reasons. The premier software offers specialized features and functionalities that cater specifically to cryptocurrency taxation. It provides seamless integration with popular exchanges and wallets, allowing you to import your transaction history effortlessly. The software also offers advanced reporting options, including customizable tax forms and detailed profit and loss statements. With its comprehensive tracking capabilities, the premier software ensures accurate calculations of capital gains and losses, helping you optimize your tax liabilities. By upgrading to a premier cryptocurrency tax software, you can streamline your tax filing process and gain peace of mind knowing that your cryptocurrency investments are being accurately reported and taxed.

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