Alejandro Montoya VelillaJan 10, 2022 · 3 years ago1 answers What are the tax implications of filing a tax extension for cryptocurrency transactions using TurboTax?
Can you explain the tax implications of filing a tax extension for cryptocurrency transactions using TurboTax? How does it affect my tax situation and what are the potential consequences? Are there any specific considerations or requirements when it comes to reporting cryptocurrency transactions on an extension? Is TurboTax equipped to handle the complexities of cryptocurrency tax reporting?