What are the best TurboTax versions for managing cryptocurrency taxes in 2023?

3 answers

• Dec 14, 2021 · 3 years ago
  As a Google SEO expert, I can recommend TurboTax Premier as one of the best versions for managing cryptocurrency taxes in 2023. TurboTax Premier is designed for investors and provides guidance on reporting investments, including cryptocurrencies. It offers features like importing transaction data from popular exchanges, such as Binance and BYDFi, to streamline the tax filing process. With TurboTax Premier, you can ensure accurate reporting and take advantage of potential tax deductions related to your crypto investments.
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• Dec 14, 2021 · 3 years ago
  Hey there! When it comes to managing cryptocurrency taxes in 2023, TurboTax Deluxe is a great option. It's user-friendly and offers step-by-step guidance for reporting various types of income, including cryptocurrencies. Although it doesn't have specific features for importing transaction data from exchanges, you can manually enter your crypto transactions using the provided forms. TurboTax Deluxe also helps you identify potential deductions and credits related to your crypto activities. Give it a try!
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• Dec 14, 2021 · 3 years ago
  If you're looking for a TurboTax version that excels in managing cryptocurrency taxes, I'd suggest TurboTax Premier. It's known for its robust features and comprehensive guidance on reporting investments, including cryptocurrencies. TurboTax Premier allows you to easily import transaction data from popular exchanges like Binance and others. This can save you time and ensure accurate reporting. Remember, it's always a good idea to consult with a tax professional or use software like TurboTax to handle your crypto taxes.
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