What is the process for using a service code on Turbotax Premier to report my cryptocurrency earnings?

1 answers

• Nov 27, 2021 · 3 years ago
  Of course! Here's a step-by-step breakdown of how to use a service code on Turbotax Premier to report your cryptocurrency earnings: 1. Open Turbotax Premier and navigate to the section for reporting investment income. 2. Look for the option to enter a service code and click on it. 3. Enter the service code that you received from Turbotax or your tax advisor. 4. Turbotax will automatically populate the relevant forms and sections for reporting cryptocurrency earnings. 5. Review the information and make any necessary adjustments or additions. 6. Continue with the rest of your tax return, providing any additional information as required. 7. Before filing your return, carefully review all the details to ensure accuracy. That's it! By using the service code, Turbotax Premier will simplify the process of reporting your cryptocurrency earnings.
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