At tax time, TurboTax Premier will guide you through your cryptocurrency transactions, allow you to automatically import up to 4,000 cryptocurrency transactions at once, and figure out your gains and losses. You can also connect live via one way video to a TurboTax Live Premier tax expert with an average 12 years experience to get your questions answered along the way and have your taxes reviewed. You can also fully hand over your taxes from start to finish to a TurboTax Live Premier tax expert all from the comfort of home. Convert crypto We extract live info about coins from the CoinStats live board of crypto prices and, dividing the dollar value of one currency by the value of the second one, and performing respective calculations, achieve conversion results.

These are only taxable events if the value of your crypto has gone up. To determine if you owe crypto taxes, you need the cost basis, which is the total amount you paid to acquire your crypto. Then you compare that to the sales price or proceeds when you used the crypto. Premier Machine Tools acquired by Sandvik Loading...