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Turbotax premier 2020 desktop tax software
Turbotax premier 2020 desktop tax software













turbotax premier 2020 desktop tax software

TURBOTAX PREMIER 2020 DESKTOP TAX SOFTWARE SOFTWARE

HAVE THE VP of DEV explain this to me like I'm not a software tester.Īnd, while we are at it, have him explain to me why after all these many years, TT Business still has no import module to import transactions from TD Ameritrade, eTrade, Schwab, Fidelity. Yet, TT regularly updates both versions multiple times through the tax season.

turbotax premier 2020 desktop tax software

So, to be clear, you pay more for the CD version, likely due to packaging and shipping, but they fail to let you know that it does not import crypto transactions from Coinbase?! But even so, I would have bought the online version this year, WHICH WAS CHEAPER by $10, if I had known this. Lucky for me, we use our own spreadsheet, finely tuned year after year. What could be so different about the desktop version than the online one? I have traded crypto for years, and this is the first I have heard of this inherent deficiency.

  • Translate proceeds of each transfer into US dollars at the time of the transfer.
  • When asked to Choose the type of investment you sold select Everything else.
  • When asked Did you get a 1099-B or a brokerage statement for these sales? select No.
  • You'll list each trade/sale in the Stocks, Mutual funds, Bonds, Other interview.
  • Note: There isn't a specific section for digital currency, but if you answer the questions related to sales, we'll be able to do the proper calculation.
  • Continue following the onscreen instructions and we'll calculate the gain or loss from the sale.
  • Answer Yes to the question Did you sell any investments? (If you land on the Here's the investment sales we have so far screen, select Add More Sales.).
  • In the search box, search for investment sales and then select the "Jump to" link in the search results.
  • turbotax premier 2020 desktop tax software

    Open (continue) your return in TurboTax.For some reason TurboTax has not yet updated their desktop Premier version for cryptocurrencies as they have with the online Premier version. The online version has a separate section for cryptocurrencies and walks you through the transaction.įollow these steps in the Premier Edition: (for online version but it will assist you)















    Turbotax premier 2020 desktop tax software