What are the payment options for filing a tax extension with TurboTax using cryptocurrency?

3 answers

• Jose Luis NogueraDec 06, 2024 · a year ago
  Yes, TurboTax does accept cryptocurrency as a payment option for filing a tax extension. This allows you to conveniently use your digital assets to cover the cost of extending your tax deadline. Simply select the cryptocurrency payment option during the payment process and follow the instructions provided by TurboTax. It's important to note that the accepted cryptocurrencies may vary, so make sure to check TurboTax's official website for the most up-to-date information.
  474

  237
• PRIYANSHI KASAUDHANAug 23, 2021 · 4 years ago
  Absolutely! TurboTax recognizes the growing popularity of cryptocurrency and has embraced it as a payment method for tax extensions. By offering this option, TurboTax aims to provide flexibility and convenience to its users. Just make sure you have enough funds in your cryptocurrency wallet to cover the cost of the tax extension, and you're good to go!
  354

  118
• Rachel AndersonOct 06, 2023 · 2 years ago
  As an expert in the cryptocurrency industry, I can confirm that TurboTax does indeed accept cryptocurrency as a payment option for tax extensions. This is a great way to leverage your digital assets and simplify the payment process. However, it's important to keep in mind that not all cryptocurrencies may be accepted, so it's best to double-check TurboTax's official website for the list of supported cryptocurrencies. Happy filing!
  434

  109