How to Calculate and File your Cryptocurrency Taxes using TurboTax

It’s tax time and everyone will be busy consolidating their tax documents and filing taxes for the year 2018. Apart from consulting CPAs for complicated situations, almost everyone in the USA uses TurboTax. It has simplified accounting and tax returns so much that it’s almost a household for many Americans.

On the other hand, trading of cryptocurrencies is a taxable transaction and one should report the gains or losses in their tax filing. Consolidating trades from various exchanges manually and reporting them as capital gains or losses on your TurboTax would be a tedious task.

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https://hackernoon.com/how-to-calculate-and-file-your-cryptocurrency-taxes-using-turbotax-a613a6dd25da?source=rss----3a8144eabfe3---4

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