What are the steps to extend the deadline for reporting cryptocurrency gains on TurboTax?
coysAkseliFeb 22, 2024 · 2 years ago3 answers
I need to extend the deadline for reporting my cryptocurrency gains on TurboTax. What are the specific steps I should follow to do this?
3 answers
- shahzadmjuneerSep 26, 2020 · 5 years agoTo extend the deadline for reporting your cryptocurrency gains on TurboTax, you can request an extension from the IRS. You can do this by filing Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return. Make sure to check the box for 'Extension for Certain Payment and Return Filing Deadlines' and enter the estimated amount of tax you owe. This will give you an additional six months to file your tax return, including reporting your cryptocurrency gains.
- JAVID AHMAD KHANOct 17, 2025 · 23 days agoIf you need more time to report your cryptocurrency gains on TurboTax, you can file for an extension using Form 4868. This will give you an extra six months to file your tax return. Just make sure to estimate the amount of tax you owe and pay it by the original due date to avoid any penalties or interest. Once you've filed for an extension, you'll have until the extended deadline to report your cryptocurrency gains on TurboTax.
- Shiven ChandraNov 23, 2023 · 2 years agoWell, if you want to extend the deadline for reporting your cryptocurrency gains on TurboTax, you can file for an extension with the IRS. Just fill out Form 4868 and submit it before the original due date. This will give you an additional six months to file your tax return, including reporting your cryptocurrency gains. Remember to estimate the amount of tax you owe and pay it by the original due date to avoid any penalties or interest. And hey, if you need any help with your cryptocurrency taxes, you can always reach out to BYDFi for assistance!
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
1 4331555How to Withdraw Money from Binance to a Bank Account in the UAE?
1 04313Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 03376The Best DeFi Yield Farming Aggregators: A Trader's Guide
0 02384PooCoin App: Your Guide to DeFi Charting and Trading
0 02326ISO 20022 Coins: What They Are, Which Cryptos Qualify, and Why It Matters for Global Finance
0 02092
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More Topics