Which TurboTax version is better for managing cryptocurrency investments, Premier or Home and Business?

1 answers

• Nov 27, 2021 · 3 years ago
  As an expert in the field, I would recommend using TurboTax Premier for managing your cryptocurrency investments. It is specifically designed for individuals with investment income, including cryptocurrencies. The Premier version offers step-by-step guidance and forms for reporting investment gains and losses, making it easier to accurately file your taxes. Additionally, it provides tools for tracking your investments and calculating your cost basis. While TurboTax Home and Business also offers features for managing cryptocurrency investments, the Premier version is more focused on investments and provides more comprehensive support. However, it's important to note that every individual's tax situation is unique, so it's always a good idea to consult with a tax professional or review the features of both versions to determine which one best suits your needs.
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