What are the steps to transfer my cryptocurrency deductions to TurboTax online?

1 answers

• Dec 18, 2021 · 3 years ago
  Absolutely! Here's a simple guide on how to transfer your cryptocurrency deductions to TurboTax online: 1. Log in to your TurboTax account and navigate to the deductions section. 2. Look for the option to add cryptocurrency deductions and click on it. 3. Fill in the required information, including the type of cryptocurrency, the amount, and the date of the transaction. 4. TurboTax will automatically calculate the value of your deductions based on the current market price. 5. Review the deductions and make any necessary adjustments. 6. Save the changes and proceed with the rest of your tax filing. That's it! You've successfully transferred your cryptocurrency deductions to TurboTax online. If you need further assistance, feel free to ask.
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