Reporting your crypto transactions in TurboTax is a straightforward process. You will need to report the fair market value of your crypto on the date of the transaction. If you traded crypto for goods or services, you will need to report the fair market value of the crypto in U.S. dollars on the date of […]
How Do I Do My Crypto Taxes
Cryptocurrency taxation is a complex process, and taxpayers need to take into account a number of factors when filing their returns. In this article, we will discuss how to do your crypto taxes and provide some tips on how to minimize your tax liability. Cryptocurrencies are considered property for tax purposes, and as such, you […]
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