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Do I Have to Report Crypto on Taxes? Your Crypto Tax Guide - TurboTax Tax Tips & Videos
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data-com-id="Container" data-testid="container" class=" "><a class="Link-font-demi-link-ee29b01 " data-com-id="Link" href="/tax-tips/investments-and-taxes/" data-primary-category="Investments and Taxes" newKey="New Value"><span data-com-id="Text" class=" text-size-inherit font-text-weight-inherit" data-sb-field-path=".text">Investments and Taxes</span></a></span><span data-com-id="Text" class="mr-4 ml-4 text-size-inherit font-text-weight-inherit" data-sb-field-path=".text"> / </span><span data-com-id="Container" data-testid="container" class=" "><span data-com-id="Text" class=" text-size-inherit font-text-weight-inherit" data-sb-field-path=".text">Your Crypto Tax Guide</span></span></div><div data-com-id="Codeblock" data-cas-id="c4QQgdmPp"><style> :root { --t2a-toc-progress-bar-height: 4px; } #t2a-toc-progress-bar { width: 100%; height: var(--t2a-toc-progress-bar-height); display: block; overflow: hidden; background-color: #DFE1E6; border-radius: 4px; } #t2a-toc-progress-bar > div { width: 0%; height: 100%; background: linear-gradient(90deg, rgba(48,234,182,1) 0%, rgba(25,123,96,1) 100%); border-radius: 4px; transition: all 0.2s linear; } /* Reduce layout shifts */ body:not([data-t2a-progress-bar-loaded]) header { padding-bottom: var(--t2a-toc-progress-bar-height); } </style> <script> window.addEventListener('DOMContentLoaded', () => { // setup progress bar const progressBar = document.createElement('div'); const progressChild = document.createElement('div'); progressBar.setAttribute("id", "t2a-toc-progress-bar"); progressBar.appendChild(progressChild); // Calculate and memoize the scroll height of the read more button + 1 extra page of viewport height const _memoize = {}; const getReadMoreInfo = () => { if (_memoize.height) return _memoize; _memoize.height = (parseFloat(window.getComputedStyle(document.body).getPropertyValue('--gwp-t2a-read-more-height')) || 0) + document.querySelector("article")?.getBoundingClientRect()?.top + window.scrollY + window.innerHeight; const bodyY = window.scrollY; const bodyYmax = document.body.getBoundingClientRect().bottom - window.innerHeight + bodyY; _memoize.pctBefore = Math.min(100, _memoize.height * 100 / bodyYmax); return _memoize; } // onScroll event listener (with throttling) let running = false; document.addEventListener('scroll', () => { if (running) return; running = true; setTimeout(() => { running = false; const readMore = getReadMoreInfo(); const bodyY = window.scrollY; const bodyYmax = document.body.getBoundingClientRect().bottom - window.innerHeight + bodyY; // Split calculations to two parts: "before (read more button)" and "after" const progressBefore = Math.min(bodyY, readMore.height) / readMore.height; const progressAfter = bodyYmax - readMore.height > 0 ? Math.max(0, (bodyY - readMore.height) / (bodyYmax - readMore.height)) : 0; const progress = readMore.pctBefore * progressBefore + (100 - readMore.pctBefore) * progressAfter; // Check if progressChild already exists as a child of progressBar if (!progressBar.contains(progressChild)) { progressBar.innerHTML = ''; progressBar.appendChild(progressChild); } if (document.querySelector("#header-children").nextElementSibling && document.querySelector("#header-children").nextElementSibling.id !== "t2a-toc-progress-bar") { document.querySelector("#header-children").insertAdjacentElement("afterend", progressBar); } // Update progress bar progressChild.style.width = `${progress}%`; }, 200); }); // Add progress bar const header = document.querySelector("#header-children"); header.insertAdjacentElement("afterend", progressBar); document.body.setAttribute("data-t2a-progress-bar-loaded", "true"); }); </script> </div><div data-com-id="Container" data-testid="container" class="fixed-width gutters "><div data-com-id="Container" data-testid="container" class=" "><div data-com-id="Grid" data-testid="grid-element" class=" gutters Grid-grid-gap-20-730d62c Grid-grid-3786e68 Grid-grid-rows-auto-2575246 Grid-grid-cols-1-659db1b Grid-sm:grid-cols-12-9ad60d4 "><div data-com-id="GridItem" data-testid="gridItem-element" class=" tax-article-content GridItem-col-span-1-dd473d0 GridItem-sm:col-span-8-5df2d3a GridItem-order-c9e7d7a undefined"><div data-com-id="Container" data-testid="container" class=" " data-cas-id="c6GNzyOWx"><div data-com-id="Container" data-testid="container" class="relative body04 " data-cas-id="c44lScRTz"><section data-com-id="Container" data-testid="container" class="text-left "><h1 data-com-id="Text" class="m-0 mb-20 font-bold headline04 text-size-inherit font-text-weight-inherit" data-sb-field-path=".text">Your Crypto Tax Guide</h1></section><div data-com-id="Container" data-testid="container" class="flex mr-4 md:justify-between md:items-center items-start mb-20 flex-col md:flex-row "><div data-com-id="Container" data-testid="container" class="flex-grow "><span data-com-id="Text" class="block text-size-inherit font-text-weight-inherit" data-sb-field-path=".text">Written by Riley Adams, CPA • Reviewed by Miguel Burgos, CPA</span><span data-com-id="Text" class=" text-size-inherit font-text-weight-inherit" data-sb-field-path=".text">Updated for Tax Year 2024 • </span><span class="" data-com-id="DateText">October 16, 2024 2:03 AM</span></div><div data-com-id="Container" data-testid="container" class="flex flex-col w-fit mt-8 md:mt-0 "><div data-com-id="Container" data-testid="container" class="flex flex-row gap-8 items-center "><a aria-label="Copy link to this article" class="Link-font-demi-link-ee29b01 " data-com-id="Link" href="#popovers/copiedToClipboard" title="Copy link to this article" id="copyToClipboardLink" data-ui-object="Copy link to this article link"><picture data-com-id="Image"><img class="" src="https://digitalasset.intuit.com/content/dam/intuit/cg/en_us/images/icons/link.png" alt="" style="width:24px;height:24px" data-testid="xs-pic-src" loading="lazy"/></picture></a><a aria-label="Share this article on Facebook" class="Link-font-demi-link-ee29b01 " data-com-id="Link" href="https://www.facebook.com/sharer/sharer.php?u=https://turbotax.intuit.com/tax-tips/investments-and-taxes/your-cryptocurrency-tax-guide/L4k3xiFjB" target="_blank" title="Share this article on Facebook" data-ui-object="Share this article on Facebook link"><picture data-com-id="Image"><img class="" src="https://digitalasset.intuit.com/content/dam/intuit/cg/en_us/images/icons/facebook-logo.png" alt="" style="width:24px;height:24px" data-testid="xs-pic-src" loading="lazy"/></picture></a><a aria-label="Share this article on X" class="Link-font-demi-link-ee29b01 " data-com-id="Link" href="https://twitter.com/intent/tweet?url=https://turbotax.intuit.com/tax-tips/investments-and-taxes/your-cryptocurrency-tax-guide/L4k3xiFjB" target="_blank" title="Share this article on X" data-ui-object="Share this article on Twitter link"><picture data-com-id="Image"><img class="" src="https://digitalasset.intuit.com/content/dam/intuit/cg/en_us/images/icons/twitter-logo.png" alt="" style="width:24px;height:24px" data-testid="xs-pic-src" loading="lazy"/></picture></a><a aria-label="Share this article on LinkedIn" class="Link-font-demi-link-ee29b01 " data-com-id="Link" href="http://www.linkedin.com/sharing/share-offsite/?url=https://turbotax.intuit.com/tax-tips/investments-and-taxes/your-cryptocurrency-tax-guide/L4k3xiFjB" target="_blank" title="Share this article on LinkedIn" data-ui-object="Share this article on LinkedIn link"><picture data-com-id="Image"><img class="" src="https://digitalasset.intuit.com/content/dam/intuit/cg/en_us/images/icons/linkedin-logo.png" alt="" style="width:24px;height:24px" data-testid="xs-pic-src" loading="lazy"/></picture></a></div></div></div><div data-com-id="Codeblock"><style> a#copyToClipboardLink svg { pointer-events: none; } </style> <script type="text/javascript"> window.addEventListener("DOMContentLoaded", () => { const elem = document.getElementById("copyToClipboardLink"); elem.parentElement.addEventListener("hover", (event) => { event.stopImmediatePropagation(); event.preventDefault(); }, true); elem.parentElement.addEventListener("mouseover", (event) => { event.stopImmediatePropagation(); event.preventDefault(); }, true); elem.addEventListener("click", (event) => { navigator.clipboard.writeText('https://turbotax.intuit.com/tax-tips/investments-and-taxes/your-cryptocurrency-tax-guide/L4k3xiFjB'); setTimeout(() => document.body.click(), 2000); }); }); </script></div></div><div data-com-id="Container" data-testid="container" class=" " data-cas-id="c22sKyp4X"></div><div data-com-id="Container" data-testid="container" class="border-t border-pepper0 "><span data-com-id="Text" class="mt-0 inline-block px-12 py-4 body03 bg-pepper0 text-size-inherit font-text-weight-inherit" data-sb-field-path=".text">OVERVIEW</span></div></div><div data-com-id="Container" data-testid="container" class=" "></div><div data-com-id="RichText" class="mb-20 body03 text-size-inherit" data-sb-field-path=".htmlContent"><p>Is there a cryptocurrency tax? If you've invested in cryptocurrency, understand how the IRS taxes these investments and what constitutes a taxable event.</p></div><div class="" data-com-id="TableOfContents" data-testid="TableOfContents"><div data-com-id="Container" data-testid="container" class="border-t mb-12 border-pepper0 "><div data-com-id="Container" data-testid="container" class="border-t border-pepper0 Container-text-align-inherit-9759ff8 " data-cas-id="c1PypSPXH"><span data-com-id="Text" class="mt-0 inline-block px-12 py-4 bg-pepper0 body03 font-regular" data-sb-field-path=".text">TABLE OF CONTENTS</span></div></div><ul data-testid="defaultContentList" class="TableOfContents-plainList-34dfc3a"><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-Cryptocurrency-s-rise-and-appeal-as-an-alternative-payment-method" class="TableOfContents-contentListAnchor-4216893"><span>Cryptocurrency's rise and appeal as an alternative payment method</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-Do-you-pay-taxes-on-crypto-" class="TableOfContents-contentListAnchor-4216893"><span>Do you pay taxes on crypto?</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-How-is-crypto-taxed-" class="TableOfContents-contentListAnchor-4216893"><span>How is crypto taxed?</span></a></li></ul><ul class="TableOfContents-plainList-34dfc3a TableOfContents-expandedUlList-0e629b5" data-testid="contentList" hidden="" id="" tabindex="-1"><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-2024-Short-Term-Capital-Gains-Tax-Rates" class="TableOfContents-contentListAnchor-4216893"><span>2024 Short-Term Capital Gains Tax Rates</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-2024-Long-Term-Capital-Gains-Tax-Rates" class="TableOfContents-contentListAnchor-4216893"><span>2024 Long-Term Capital Gains Tax Rates</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-How-to-calculate-capital-gains-and-losses-on-crypto" class="TableOfContents-contentListAnchor-4216893"><span>How to calculate capital gains and losses on crypto</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-See-how-to-auto-import-your-crypto-to-TurboTax" class="TableOfContents-contentListAnchor-4216893"><span>See how to auto-import your crypto to TurboTax</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-Buying-or-selling-cryptocurrency-as-an-investment" class="TableOfContents-contentListAnchor-4216893"><span>Buying or selling cryptocurrency as an investment</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-If-you-mine-cryptocurrency" class="TableOfContents-contentListAnchor-4216893"><span>If you mine cryptocurrency</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-If-you-receive-cryptocurrency-as-payment-for-goods-or-services" class="TableOfContents-contentListAnchor-4216893"><span>If you receive cryptocurrency as payment for goods or services</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-If-you-sell-or-spend-cryptocurrency" class="TableOfContents-contentListAnchor-4216893"><span>If you sell or spend cryptocurrency</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-If-you-exchange-one-type-of-cryptocurrency-for-another" class="TableOfContents-contentListAnchor-4216893"><span>If you exchange one type of cryptocurrency for another</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-If-you-participate-in-an-airdrop-or-fork" class="TableOfContents-contentListAnchor-4216893"><span>If you participate in an airdrop or fork</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-If-you-stake-cryptocurrencies" class="TableOfContents-contentListAnchor-4216893"><span>If you stake cryptocurrencies</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-If-you-make-charitable-contributions-and-gifts-in-crypto" class="TableOfContents-contentListAnchor-4216893"><span>If you make charitable contributions and gifts in crypto</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-Do-you-pay-taxes-on-lost-or-stolen-crypto-" class="TableOfContents-contentListAnchor-4216893"><span>Do you pay taxes on lost or stolen crypto?</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-Are-there-tax-free-crypto-transactions-" class="TableOfContents-contentListAnchor-4216893"><span>Are there tax-free crypto transactions?</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-Keep-records-of-your-crypto-transactions" class="TableOfContents-contentListAnchor-4216893"><span>Keep records of your crypto transactions</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-Can-the-IRS-track-crypto-activity-" class="TableOfContents-contentListAnchor-4216893"><span>Can the IRS track crypto activity?</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-How-are-crypto-transactions-reported-" class="TableOfContents-contentListAnchor-4216893"><span>How are crypto transactions reported?</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-1099-B--Proceeds-from-Broker-and-Barter-Exchange-Transactions" class="TableOfContents-contentListAnchor-4216893"><span>1099-B, Proceeds from Broker and Barter Exchange Transactions</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-1099-MISC-or-1099-NEC" class="TableOfContents-contentListAnchor-4216893"><span>1099-MISC or 1099-NEC</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-Does-Coinbase-report-to-the-IRS-" class="TableOfContents-contentListAnchor-4216893"><span>Does Coinbase report to the IRS?</span></a></li><li class="border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0 TableOfContents-contentList-70a9755"><a href="#GoTo-TurboTax-has-you-covered" class="TableOfContents-contentListAnchor-4216893"><span>TurboTax has you covered</span></a></li></ul><div class="text-center"><a data-testid="slideToggle" tabindex="0" aria-controls="" aria-expanded="false" aria-label="Click to expand the table of contents" class="inline-block rounded-b-medium body03 py-4 px-20 bg-pepper0" role="button" href="#">Click to expand</a></div></div><article data-com-id="Container" data-testid="container" class=" "><div data-com-id="Container" data-testid="container" class=" "><div data-com-id="RichText" class="body02 text-size-inherit" data-sb-field-path=".htmlContent"><p><img class="" src="https://digitalasset.intuit.com/content/dam/intuit/cg/en_us/turbotax/tax-tips/images/investor/cryptocurrency_tax_guide_comp.jpg" alt="A female trader sits at a desk with a laptop and analyzes stock data." width="603" height="401" /></p> <p style="text-align: center;"><iframe title="Podcast Player" src="https://turbotax.spokenlayer.io/your-cryptocurrency-tax-guide-L4k3xiFjB" width="600" height="120" frameborder="0" sandbox="allow-scripts allow-same-origin"><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"></span><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"></span><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"></span></iframe></p> <p style="text-align: center;"><strong>Subscribe:</strong> <a href="https://podcasts.apple.com/us/podcast/turbo-tips/id1488376372" target="_blank" rel="noopener">Apple Podcasts</a> | <a href="https://open.spotify.com/show/4yfxPCnJVbJoWLqavBkCxa?si=c9GFsAXBRhKz1DyGxS8Ihw" target="_blank" rel="noopener">Spotify</a> | <a href="https://www.iheart.com/podcast/269-turbo-tips-53146251/" target="_blank" rel="noopener">iHeartRadio</a></p> <div class="key-takeaways"> <h4>Key Takeaways</h4> <ul> <li>The IRS treats cryptocurrency as property, meaning that when you buy, sell or exchange it, this counts as a taxable event and typically results in either a capital gain or loss.</li> <li>When you earn income from cryptocurrency activities, this is taxed as ordinary income.</li> <li>You report these taxable events on your tax return using various tax forms.</li> <li>Keep records of your transactions so that you can inform the IRS of all your crypto activity during the year.</li> </ul> </div> <table style="background-color: #f4f5f8; margin-left: 10x; margin-right: 10x;" width="550" cellpadding="10x"> <tbody> <tr> <td> <p style="padding-left: 30px;"><span style="color: #333333;"><strong>TurboTax Has You Covered</strong></span></p> <p style="padding-left: 30px;"><span style="color: #333333;">Have questions about <a href="https://turbotax.intuit.com/personal-taxes/crypto-taxes/">TurboTax and Crypto</a>? Our <a href="https://ttlc.intuit.com/community/cryptocurrency/help/cryptocurrency-info-center/00/2441862">Cryptocurrency Info Center</a> has commonly answered questions to help make taxes easier and more insightful.</span></p> <p style="padding-left: 30px;"><span style="color: #333333;">Whether you have stock, bonds, ETFs, cryptocurrency, rental property income, or other investments, <a href="https://turbotax.intuit.com/personal-taxes/online/premium/">TurboTax Premium</a> has you covered. Filers can easily import up to 10,000 stock transactions from hundreds of Financial Institutions and up to 20,000 crypto transactions from the top crypto wallets and exchanges. Increase your tax knowledge and understanding while doing your taxes.</span></p> </td> </tr> </tbody> </table> <h3 id="GoTo-Cryptocurrency-s-rise-and-appeal-as-an-alternative-payment-method" style="scroll-margin-top: 0px;">Cryptocurrency's rise and appeal as an alternative payment method</h3> <p>Interest in cryptocurrency has grown tremendously in the last several years. Whether you accept or pay with cryptocurrency, invested in it, are an experienced currency trader or you received a small amount as a gift, it's important to understand cryptocurrency tax implications.</p> <p>The term cryptocurrency refers to a type of digital asset that can be used to buy goods and services, although many people invest in cryptocurrency similarly to investing in shares of stock. Part of its appeal is that it's a decentralized medium of exchange, meaning it operates without the involvement of banks, financial institutions, or other central authorities such as governments.</p> <p>Cryptocurrency has built-in security features. Transactions are encrypted with specialized computer code and recorded on a blockchain — a public, distributed digital ledger in which every new entry must be reviewed and approved by all network members.</p> <p>You may have heard of <a href="https://turbotax.intuit.com/tax-tips/tax-payments/tax-tips-for-bitcoin-and-virtual-currency/L1ZOgU00q">Bitcoin</a> or Ethereum as two of the more popular cryptocurrencies, but there are thousands of different forms of cryptocurrency worldwide.</p> <h3 id="GoTo-Do-you-pay-taxes-on-crypto-" style="scroll-margin-top: 0px;">Do you pay taxes on crypto?</h3> <p>People might refer to cryptocurrency as a virtual currency, but it's not a true currency in the eyes of the IRS. According to IRS Notice 2014–21, the IRS considers cryptocurrency to be property, and <a href="https://turbotax.intuit.com/tax-tips/investments-and-taxes/capital-gains-and-losses/L7GF1ouP8">capital gains and losses</a> need to be reported on <a href="https://turbotax.intuit.com/tax-tips/investments-and-taxes/guide-to-schedule-d-capital-gains-and-losses/L1bKWgPea">Schedule D</a> and Form 8949 if necessary.</p> <p>Despite the decentralized, virtual nature of cryptocurrency, and because the IRS treats it like property, your gains and losses in crypto transactions will typically affect your taxes.</p> <h3 id="GoTo-How-is-crypto-taxed-" style="scroll-margin-top: 0px;">How is crypto taxed?</h3> <p>If you buy, sell or exchange crypto in a non-retirement account, you'll face capital gains or losses. Like other investments taxed by the IRS, your gain or loss may be short-term or long-term, depending on how long you held the cryptocurrency before selling or exchanging it.</p> <ul> <li>If you owned the cryptocurrency for one year or less before spending or selling it, any profits are typically short-term capital gains, which are taxed at your ordinary income rate.</li> <li>If you held the cryptocurrency for more than one year, any profits are typically long-term capital gains, subject to <a href="https://turbotax.intuit.com/tax-tips/investments-and-taxes/guide-to-short-term-vs-long-term-capital-gains-taxes-brokerage-accounts-etc/L7KCu9etn">long-term capital gains tax rates</a>.</li> </ul> <p>For short-term capital gains or ordinary income earned through crypto activities, you should use the following table to calculate your capital gains taxes:</p> <h3 id="GoTo-2024-Short-Term-Capital-Gains-Tax-Rates" style="text-align: left;">2024 Short-Term Capital Gains Tax Rates</h3> <table border="1" width="100%"> <tbody> <tr> <td><strong>Tax Rate</strong></td> <td><strong>10%</strong></td> <td><strong>12%</strong></td> <td><strong>22%</strong></td> <td><strong>24%</strong></td> <td><strong>32%</strong></td> <td><strong>35%</strong></td> <td><strong>37%</strong></td> </tr> <tr> <td><strong> </strong><strong>Filing Status</strong></td> <td colspan="7"> <p style="text-align: center;"><strong>Taxable Income</strong></p> </td> </tr> <tr> <td>Single</td> <td>Up to $11,600</td> <td>$11,601 to $47,150</td> <td>$47,151 to $100,525</td> <td>$100,526 to $191,950</td> <td>$191,951 to $243,725</td> <td>$243,726 to $609,350</td> <td>Over $609,350</td> </tr> <tr> <td>Head of Household</td> <td>Up to $16,550</td> <td>$16,551 to $63,100</td> <td>$63,101 to $100,500</td> <td>$100,501 to $191,950</td> <td>$191,950 to $243,700</td> <td>$243,701 to $609,350</td> <td>Over $609,350</td> </tr> <tr> <td>Married Filing Jointly</td> <td>Up to $23,200</td> <td>$23,201 to $94,300</td> <td>$94,301 to $201,050</td> <td>$201,051 to $383,900</td> <td>$383,901 to $487,450</td> <td>$487,451 to $731,200</td> <td>Over $731,200</td> </tr> <tr> <td>Married Filing Separately</td> <td>Up to $11,600</td> <td>$11,601 to $47,150</td> <td>$47,151 to $100,525</td> <td>$100,526 to $191,150</td> <td>$191,151 to $243,725</td> <td>$243,726 to $365,600</td> <td>Over $365,600</td> </tr> </tbody> </table> <p>If you held your cryptocurrency for more than one year, use the following table to calculate your long-term capital gains.</p> <h3 id="GoTo-2024-Long-Term-Capital-Gains-Tax-Rates" style="text-align: left;">2024 Long-Term Capital Gains Tax Rates</h3> <table border="1" width="100%"> <tbody> <tr> <td width="32%"> <p style="text-align: left;"><strong>Tax Rate</strong></p> </td> <td style="text-align: center;" width="18%"><strong>0%</strong></td> <td style="text-align: center;" width="27%"><strong>15%</strong></td> <td style="text-align: center;" width="21%"><strong>20%</strong></td> </tr> <tr> <td width="32%"><strong>Filing Status</strong></td> <td style="text-align: center;" colspan="3" width="18%"><strong>Taxable Income</strong></td> </tr> <tr> <td width="32%">Single</td> <td width="18%">Up to $47,025</td> <td width="27%">$47,026 to $518,900</td> <td width="21%">Over $518,900</td> </tr> <tr> <td width="32%">Head of Household</td> <td width="18%">Up to $63,000</td> <td width="27%">$63,001 to $583,750</td> <td width="21%">Over $583,750</td> </tr> <tr> <td width="32%">Married Filing Jointly</td> <td width="18%">Up to $94,050</td> <td width="27%">$94,051 to $583,750</td> <td width="21%">Over $583,750</td> </tr> <tr> <td width="32%">Married Filing Separately</td> <td width="18%">Up to $47,025</td> <td width="27%">$47,026 to $291,850</td> <td width="21%">Over $291,850</td> </tr> </tbody> </table> <p>How you report cryptocurrency on your tax return depends on how you got it and how you used it.</p> <p>You can also earn income related to cryptocurrency activities. This is treated as ordinary income and is taxed at your marginal tax rate, which could be between 10 to 37%.</p> <h3 id="GoTo-How-to-calculate-capital-gains-and-losses-on-crypto" style="scroll-margin-top: 0px;">How to calculate capital gains and losses on crypto</h3> <p>When you buy and sell capital assets, your gains and losses fall into two classes: long-term and short-term. How the IRS treats these two classes is very different in terms of the tax consequences you’ll encounter.</p> <ol> <li>Short-term capital gains and losses come from the sale of property that you held for one year or less. These gains are typically taxed as ordinary income at a rate between 10% and 37% in 2024.</li> <li>Long-term capital gains and losses come from the sale of property that you held for more than one year and are typically taxed at preferential long-term capital gains rates of 0%, 15%, or 20% for 2024.</li> </ol> <p>When calculating your gain or loss, you start first by determining your cost basis on the property. Generally, this is the price you paid, which you adjust (increase) by any fees or commissions you paid to engage in the transaction. This final cost is called your adjusted cost basis.</p> <p>Next, you determine the sale amount and adjust (reduce) it by any fees or commissions you paid to close the transaction.</p> <p>Finally, you subtract your adjusted cost basis from the adjusted sale amount to determine the difference, resulting in a capital gain if the amount exceeds your adjusted cost basis, or a capital loss if the amount is less than your adjusted cost basis.</p> <p>You can use a <a href="https://blog.turbotax.intuit.com/income-and-investments/cryptocurrency-tax-calculator-50398/">Crypto Tax Calculator</a> to get an idea of how much tax you might owe from your capital gains or losses from crypto activities.</p> <h3 id="GoTo-See-how-to-auto-import-your-crypto-to-TurboTax" style="scroll-margin-top: 0px;">See how to auto-import your crypto to TurboTax</h3> <p><iframe title="YouTube video player" src="https://www.youtube.com/embed/dcECWxJ11uU?si=CJ1YQD-oVJOnwHdI" width="560" height="315" frameborder="0" allowfullscreen=""></iframe></p> <h3 id="GoTo-Buying-or-selling-cryptocurrency-as-an-investment" style="scroll-margin-top: 0px;">Buying or selling cryptocurrency as an investment</h3> <p>Buying cryptocurrency isn’t a taxable event by itself. You can choose to buy and hold cryptocurrency for as long as you’d like without paying taxes on it, even if the value of your position increases.</p> <p>Taxes are due when you sell, trade or dispose of your cryptocurrency investments in any way that causes you to recognize a gain in your taxable accounts. This doesn’t apply if you trade cryptocurrency in a tax-deferred or tax-free account like an individual retirement account (IRA).</p> <p>For example, if you buy $1,000 worth of Bitcoin and later sell it for $1,200, you'd need to report this $200 gain on your taxes. The gain, whether it’s a short-term or long-term capital gain, will depend on how long you’ve held the cryptocurrency.</p> <p>If you instead sold the same $1,000 worth of Bitcoin for $800, you’d recognize a loss that can offset other gains and up to $3,000 of your taxable income if your total losses are greater than your total gains. Any unused loss can roll forward to future years as an offset to future gains or up to $3,000 of your taxable income per year.</p> <h3 id="GoTo-If-you-mine-cryptocurrency" style="scroll-margin-top: 0px;">If you mine cryptocurrency</h3> <p>Cryptocurrency mining refers to solving cryptographic hash functions to validate and add cryptocurrency transactions to a blockchain. In exchange for this work, miners receive cryptocurrency as a reward.</p> <p>If you earn cryptocurrency by mining it, it's considered taxable income and might be reported on <a href="https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-form-1099-nec/L5fbwIFSn">Form 1099-NEC</a> at the fair market value of the cryptocurrency on the day you received it. You need to report this even if you don't receive a 1099 form as the IRS considers this taxable income and is likely subject to self-employment tax in addition to income tax.</p> <h3 id="GoTo-If-you-receive-cryptocurrency-as-payment-for-goods-or-services" style="scroll-margin-top: 0px;">If you receive cryptocurrency as payment for goods or services</h3> <p>Many businesses now accept Bitcoin and other cryptocurrency as payment. If someone pays you cryptocurrency in exchange for goods or services, the payment counts as taxable income, just as if they'd paid you via cash, check, credit card, or digital wallet. For tax reporting, the dollar value that you receive for goods or services is equal to the fair market value of the cryptocurrency on the day and time you received it.</p> <h3 id="GoTo-If-you-sell-or-spend-cryptocurrency" style="scroll-margin-top: 0px;">If you sell or spend cryptocurrency</h3> <p>If you mine, buy, or receive cryptocurrency and eventually sell or spend it, you have a capital transaction resulting in a gain or loss just as you would if you sold shares of stock. This is where cryptocurrency taxes can get more involved. Each time you dispose of cryptocurrency you are making a capital transaction that needs to be reported on your tax return.</p> <p>For example, let's look at an example for buying cryptocurrency that appreciates in value and then is used to purchase plane tickets. The example will involve paying ordinary income taxes and capital gains tax.</p> <ul> <li>First, you receive $200 worth of the cryptocurrency Litecoin in exchange for services on January 15.</li> <li>Six months later, on July 15, the fair market value of your Litecoin has increased to $500, and you use it to buy plane tickets for a vacation.</li> <li>On your tax return for that year, you should report $200 of ordinary income (either as wages if reported on a W-2 or as self-employment income if you are not an employee getting paid in crypto) for receiving the Litecoin in January and a short-term capital gain of $300. That's the $500 value of your Litecoin when you purchased the plane tickets, minus your $200 basis when you received the Litecoin.</li> </ul> <p>When you calculate your basis in the Litecoin for capital gains tax, you need to account for the $200 worth of ordinary income included in your taxes. That same Litecoin position, now worth $500, gets used to purchase the plane tickets, meaning you wouldn’t pay capital gains tax on the original $200.</p> <p>If you paid capital gains tax on the full $500, the initial $200 would be taxed twice: once as ordinary income and once as a capital gain.</p> <p>Therefore, you subtract your original $200 basis from the $500 balance.</p> <p>Those two cryptocurrency transactions are easy enough to track. But imagine you purchase $1,000 worth of Litecoin, load it onto a cryptocurrency debit card, and spend it over several months on coffee, groceries, lunches, and more.</p> <p>If, like most taxpayers, you think of cryptocurrency as a cash alternative and you aren't keeping track of capital gains and losses for each of these transactions, it can be tough to unravel at year-end. Staying on top of these transactions is important for tax reporting purposes.</p> <h3 id="GoTo-If-you-exchange-one-type-of-cryptocurrency-for-another" style="scroll-margin-top: 0px;">If you exchange one type of cryptocurrency for another</h3> <p>Cryptocurrency enthusiasts often exchange or trade one type of cryptocurrency for another. For example, say you have $1,000 worth of Litecoin and exchange it for $1,000 worth of Ethereum. If you originally paid $300 for the Litecoin, you have to recognize a $700 capital gain when you make the exchange. You established a $300 basis at the time of purchase for your original Litecoin position but recognized a $700 capital gain as a result of the coin’s appreciation between your purchase and the exchange for Ethereum. Your Ethereum’s basis is its fair market value at the time of exchange, making your new cost basis $1,000 after paying the $700 capital gain on the exchange.</p> <p>It's important to note that all of these transactions are referenced back to United States dollars since this is the currency that is used for your tax return. So, even if you buy one cryptocurrency using another one without first converting to US dollars, you still have a taxable transaction.</p> <h3 id="GoTo-If-you-participate-in-an-airdrop-or-fork" style="scroll-margin-top: 0px;">If you participate in an airdrop or fork</h3> <p>An airdrop is when a new crypto project launches and sends out several free tokens to early adopters and their communities to encourage adoption as part of a broader marketing effort to promote the project’s inception. If you frequently interact with crypto platforms and exchanges, you may receive airdrops of new tokens in your account. These new coins count as a taxable event, causing you to pay taxes on these virtual coins.</p> <p>A hard fork is a wholesale change in a blockchain network’s protocol that invalidates previously-verified transaction history blocks or vice versa. Many times, a cryptocurrency will engage in a hard fork as the result of wanting to create a new rule for the blockchain. The new, upgraded blockchain contains the new rule while the old chain doesn’t. Many users of the old blockchain quickly realize their old version of the blockchain is outdated or irrelevant now that the new blockchain exists following the hard fork, forcing them to upgrade to the latest version of the blockchain protocol. For a hard fork to work properly, all nodes or blockchain users must upgrade to the latest version of the protocol software.</p> <p>A hard fork doesn’t always result in new cryptocurrency issued to the taxpayer and doesn’t necessarily generate a taxable event as a result. However, in the event a hard fork occurs and is followed by an airdrop where you receive new virtual currency, this generates ordinary income.</p> <p>This counts as taxable income on your tax return and you must report it to the IRS, whether you receive a 1099 form reporting the transaction or not.</p> <h3 id="GoTo-If-you-stake-cryptocurrencies" style="scroll-margin-top: 0px;">If you stake cryptocurrencies</h3> <p>Staking cryptocurrencies is a means for earning rewards for holding cryptocurrencies and providing a built-in investor and user base to give the coin value. Earning cryptocurrency through staking is similar to earning interest on a savings account. In exchange for staking your virtual currencies, you can be paid money that counts as taxable income.</p> <p>You treat staking income the same as you do mining income: counted as fair market value at the time you earn the income and subject to income and possibly self-employment taxes.</p> <h3 id="GoTo-If-you-make-charitable-contributions-and-gifts-in-crypto" style="scroll-margin-top: 0px;">If you make charitable contributions and gifts in crypto</h3> <p>If you itemize your deductions, you may donate cryptocurrency to qualified charitable organizations and claim a tax deduction. You typically can deduct the fair market value of your cryptocurrency at the time of charitable contribution, and you don’t have to pay capital gains taxes when you donate.</p> <p>Cryptocurrency charitable contributions are treated as noncash charitable contributions. A charitable organization may assist in documenting your crypto-charitable contribution by providing a written acknowledgement if claiming a deduction of $250 or more for the virtual currency deduction.</p> <h3 id="GoTo-Do-you-pay-taxes-on-lost-or-stolen-crypto-" style="scroll-margin-top: 0px;">Do you pay taxes on lost or stolen crypto?</h3> <p>Typically, you can't deduct losses for lost or stolen crypto on your return. The IRS states two types of losses exist for capital assets: casualty losses and theft losses. Generally speaking, casualty losses in the crypto world would mean having damage, destruction, or loss of your crypto from an identifiable event that is sudden, unexpected or unusual. As an example, this could include negligently sending your crypto to the wrong wallet or some similar event, though other factors may need to be considered to determine if the loss constitutes a casualty loss. Theft losses would occur when your wallet or an exchange are hacked.</p> <p>In either case, you can’t deduct these losses to offset your gains. Due to tax reform laws going into effect in 2018, most all casualty and theft losses aren’t deductible between 2018 and 2025. In the future, taxpayers may be able to benefit from this deduction if they itemize their deductions instead of claiming the Standard Deduction.</p> <h3 id="GoTo-Are-there-tax-free-crypto-transactions-" style="scroll-margin-top: 0px;">Are there tax-free crypto transactions?</h3> <p>You can make tax-free crypto transactions under certain situations, depending on the transaction you make, the account you transact in, your income, and filing status.</p> <p>When you buy cryptocurrency, this doesn’t create a taxable event even if the value increases over time. Tax consequences don't result until you decide to sell or exchange the cryptocurrency.</p> <p>For crypto transactions you make in a tax-deferred or tax-free account, like a Traditional or <a href="https://turbotax.intuit.com/tax-tips/investments-and-taxes/reversing-a-roth-ira-conversion/L0yVOfwyZ">Roth IRA</a>, respectively, these transactions don’t get taxed like they would in a brokerage account. These trades avoid taxation.</p> <p>Depending on your income each year, <a href="https://turbotax.intuit.com/tax-tips/investments-and-taxes/guide-to-short-term-vs-long-term-capital-gains-taxes-brokerage-accounts-etc/L7KCu9etn">long-term capital gains</a> rates can be as low as 0%. For 2024, you can also avoid paying taxes when selling your cryptocurrency if your table income is less than or equal to $47,025 if you file as Single, as Married Filing Separately, or your taxable income is less than or equal to $94,050 if you file as Married Filing Jointly.</p> <h3 id="GoTo-Keep-records-of-your-crypto-transactions" style="scroll-margin-top: 0px;">Keep records of your crypto transactions</h3> <p>The IRS is stepping up enforcement of cryptocurrency tax reporting as these virtual currencies grow in popularity. As a result, you need to keep track of your crypto activity and report this information to the IRS on the appropriate <a href="https://turbotax.intuit.com/tax-tips/investments-and-taxes/crypto-tax-forms/L8tQmALU3">crypto tax forms</a>.</p> <p>The IRS estimates that only a fraction of people buying, selling, and trading cryptocurrencies were properly reporting those transactions on their tax returns. The agency provided further guidance on how cryptocurrency should be reported and taxed in October 2019 for the first time since 2014.</p> <p>Beginning in tax year 2020, the IRS also made a change to <a href="https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-irs-form-1040-schedule-1/L6By94re4">Form 1040</a> and began including the question: "At any time during 2024, did you receive, sell, send, exchange or otherwise acquire any financial interest in any virtual currency?"</p> <p>If you check "yes," the IRS will likely expect to see income from cryptocurrency transactions on your tax return.</p> <p>Crypto tax software helps you track all of these transactions, ensuring you have a complete list of activities to report when it comes time to prepare your taxes. The software integrates with several virtual currency brokers, digital wallets, and other crypto platforms to import cryptocurrency transactions into your <a href="https://turbotax.intuit.com/tax-tips/general/how-to-file-taxes-online/L5RCRJQBs">online tax software</a>. This can include trades made in cryptocurrency but also transactions made with the virtual currency as a form of payment for goods and services.</p> <p>Depending on the crypto tax software, the transaction reporting may resemble documentation you could file with your return on Form 8949, Sales and Other Dispositions of Capital Assets, or can be formatted in a way so that it is easily imported into tax preparation software. Often, you’ll pay for tiers of service for the number of transactions reported.</p> <h3 id="GoTo-Can-the-IRS-track-crypto-activity-" style="scroll-margin-top: 0px;">Can the IRS track crypto activity?</h3> <p>Despite the anonymous nature of cryptocurrencies, the IRS may still have ways of tracking your crypto activity.</p> <p>For example, if you trade on a crypto exchange that provides reporting through <a href="https://turbotax.intuit.com/tax-tips/investments-and-taxes/what-is-form-1099-b-proceeds-from-broker-transactions/L071oPWkE">Form 1099-B</a>, Proceeds from Broker and Barter Exchange Transactions, they'll provide a reporting of these trades to the IRS.</p> <p>Further, the IRS makes use of blockchain analytics tools for identifying crypto activity of digital wallets and ties them to individuals in instances where they suspect tax evasion and/or money laundering may be occurring.</p> <p>As a result, you’ll want to make sure you report all crypto activities during the year on your tax return.</p> <h3 id="GoTo-How-are-crypto-transactions-reported-" style="scroll-margin-top: 0px;">How are crypto transactions reported?</h3> <p>When you place crypto transactions through a brokerage or from using these digital currencies as a means for payment, this constitutes a sale or exchange. As a result, you’ll need to document your crypto sales details, including how much you bought it for and when. These transactions are typically reported on Form 8949, Schedule D, and Form 1040.</p> <h3 id="GoTo-1099-B--Proceeds-from-Broker-and-Barter-Exchange-Transactions" style="scroll-margin-top: 0px;">1099-B, Proceeds from Broker and Barter Exchange Transactions</h3> <p>If you traded crypto in an investment account or on a crypto exchange or used it to make payments for goods and services, you may receive Form 1099-B reporting these transactions. In other investment accounts like those held with a stockbroker, this information is usually provided on this 1099 Form. However, not every platform provides these forms. In this case, they can typically still provide the information even if it isn't on a 1099-B.</p> <p>However, starting in tax year 2023, the <a href="https://blog.turbotax.intuit.com/tax-news/the-infrastructure-bill-was-signed-into-law-what-does-it-mean-for-you-and-your-taxes-50408/">American Infrastructure Bill of 2021</a> requires crypto exchanges to send 1099-B forms reporting all transaction activity.</p> <h3 id="GoTo-1099-MISC-or-1099-NEC" style="scroll-margin-top: 0px;">1099-MISC or 1099-NEC</h3> <p>If you mined crypto or received crypto as an award, then you might receive either Form <a href="https://turbotax.intuit.com/tax-tips/self-employment-taxes/what-is-the-irs-form-1099-misc/L4wLb4bej">1099-MISC, Miscellaneous Income</a>, or <a href="https://turbotax.intuit.com/tax-tips/self-employment-taxes/how-to-file-taxes-with-irs-form-1099-misc/L3UAsiVBq">1099-NEC, Nonemployee Compensation</a>. These forms are used to report how much ordinary income you were paid for different types of work-type activities. The information forms can be used to help you prepare Schedule C, Profit or Loss from Business and Schedule SE, Self-Employment Tax.</p> <p>When any of these 1099 forms are issued to you, they're also sent to the IRS so that they can match the information on the forms to what you report on your tax return.</p> <blockquote> <h4><strong><em>TurboTax Tip:</em></strong></h4> <p><em>Cryptocurrency exchanges won't be required to start sending 1099-B forms until tax year 2023. If you don’t receive a Form 1099-B from your crypto exchange, you must still report all crypto sales or exchanges on your taxes.</em></p> </blockquote> <h3 id="GoTo-Does-Coinbase-report-to-the-IRS-" style="scroll-margin-top: 0px;">Does Coinbase report to the IRS?</h3> <p>Coinbase was the subject of a <a href="https://www.justice.gov/opa/pr/court-authorizes-service-john-doe-summons-seeking-identities-us-taxpayers-who-have-used">John Doe Summons</a> in 2016 that required it to provide transaction information to the IRS for its customers. As a result, the company handed over information for over 8 million transactions conducted by its customers.</p> <p>Today, the company only issues Forms 1099-MISC if it pays out rewards or bonuses to you for taking specific actions on the platform. Further, you may need to exceed the $600 minimum payment threshold for the company to issue both you and the IRS a Form 1099-MISC documenting their payments to you.</p> <p>However, starting in tax year 2023, the <a href="https://blog.turbotax.intuit.com/tax-news/the-infrastructure-bill-was-signed-into-law-what-does-it-mean-for-you-and-your-taxes-50408/">American Infrastructure Bill of 2021</a> requires crypto exchanges to send 1099-B forms reporting all transaction activity.</p> <p>Even though Coinbase doesn’t supply this information through direct reporting to the IRS, you still must report this activity on your tax return as it is taxable income. You can access account information through the platform to calculate any applicable capital gains or losses and the resulting taxes you must pay on your tax return.</p> <h3 id="GoTo-TurboTax-has-you-covered" style="scroll-margin-top: 0px;">TurboTax has you covered</h3> <p><a href="https://turbotax.intuit.com/personal-taxes/online/">TurboTax Online</a> is now the authority in <a href="https://turbotax.intuit.com/personal-taxes/crypto-taxes/">crypto taxes</a> with the most comprehensive import coverage, including the top 15 exchanges. Whether you are investing in crypto through Coinbase, Robinhood, or other exchanges TurboTax Online can <a href="https://ttlc.intuit.com/community/cryptocurrency/help/how-do-i-import-my-cryptocurrency-transactions-into-turbotax/00/2401540">seamlessly help you import</a> and understand crypto taxes just like other investments.</p> <p>Let a local tax expert matched to your unique situation get your taxes done 100% right with <a href="https://turbotax.intuit.com/personal-taxes/online/live/full-service/">TurboTax Live Full Service</a>. Your expert will uncover industry-specific deductions for more tax breaks and file your taxes for you. Backed by our <a href="https://turbotax.intuit.com/corp/guarantees/" target="_blank" rel="noreferrer noopener">Full Service Guarantee</a>. <br><br>You can also file taxes on your own with <a href="https://turbotax.intuit.com/personal-taxes/online/premium/">TurboTax Premium</a>. 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Printing or electronically filing your return reflects your satisfaction with TurboTax Online, at which time you will be required to pay or register for the product.<br><br></li> <li>Our <span class="font-demi">TurboTax Live Full Service Guarantee</span> means your tax expert will find every dollar you deserve. Your expert will only sign and file your return if they believe it's 100% correct and you are getting your best outcome possible. If you get a larger refund or smaller tax due from another tax preparer, we'll refund the applicable TurboTax Live Full Service federal and/or state purchase price paid. If you pay an IRS or state penalty (or interest) because of an error that a TurboTax tax expert or CPA made while acting as a signed preparer for your return, we'll pay you the penalty and interest. Limitations apply. See <a href="https://turbotax.intuit.com/corp/license/online/" target="_blank" rel="noreferrer noopener">Terms of Service</a> for details.<br><br></li> <li><span class="font-demi">100% Accurate Expert-Approved Guarantee:</span> If you pay an IRS or state penalty (or interest) because of an error that a TurboTax tax expert or CPA made while providing topic-specific tax advice, a section review, or acting as a signed preparer for your return, we'll pay you the penalty and interest. Limitations apply. See <a href="https://turbotax.intuit.com/corp/license/online/" target="_blank" rel="noreferrer noopener">Terms of Service</a> for details.</li> </ul> <p>TurboTax Business Returns:</p> <ul> <li><span class="font-demi">100% Accurate Calculations Guarantee – Business Returns. </span>If you pay an IRS or state penalty or interest because of a TurboTax calculation error, we'll pay you the penalty and interest. Excludes payment plans. You are responsible for paying any additional tax liability you may owe. Additional terms and limitations apply. See <a href="https://turbotax.intuit.com/corp/license/online/" target="_blank" rel="noreferrer noopener">Terms of Service</a> for details.<br><br></li> <li><span class="font-demi">TurboTax Audit Support Guarantee – Business Returns.</span> If you receive an audit letter from the IRS or State Department of Revenue on your 2023 TurboTax business return, we will provide one-on-one question-and-answer support with a tax professional, if requested through our <a rel="noreferrer noopener" href="https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/turbotax-audit-support-guarantee/L06x5FWbz_US_en_US" target="_blank">Audit Support Center</a>, for audited business returns filed with TurboTax for the current 2023 tax year. Audit support is informational only. We will not represent you before the IRS or state tax authority or provide legal advice. If we are not able to connect you to one of our tax professionals for this question-and-answer support, we will refund the applicable TurboTax Live Business or TurboTax Live Full Service Business federal and/or state purchase price paid. Additional terms and limitations apply. See <a href="https://turbotax.intuit.com/corp/license/online/" target="_blank" rel="noreferrer noopener">Terms of Service</a> for details.</li> </ul> <h3 class="body02 font-demi pt-12">TURBOTAX ONLINE/MOBILE PRICING</h3> <ul> <li><span class="font-demi">Start for Free/Pay When You File:</span> TurboTax online and mobile pricing is based on your tax situation and varies by product. For most paid TurboTax online and mobile offerings, you may start using the tax preparation features without paying upfront, and pay only when you are ready to file or purchase add-on products or services. Actual prices for paid versions are determined based on the version you use and the time of print or e-file and are subject to change without notice. Special discount offers may not be valid for mobile in-app purchases. <span class="font-demi">Strikethrough prices reflect anticipated final prices for tax year 2023.</span><br><br></li> <li><span class="font-demi">TurboTax Free Edition:</span> <span style="font-weight: 400;">TurboTax Free Edition ($0 Federal + $0 State + $0 To File) is available for those filing Simple Form 1040</span><span style="font-weight: 400;"> returns only (no forms or schedules except for the Earned Income Tax Credit, Child Tax Credit and student loan interest), as detailed in the TurboTax Free Edition disclosures. Roughly 37% of taxpayers qualify. Offer may change or end at any time without notice.</span><br><br></li> <li><span class="font-demi">TurboTax Live Assisted Basic Offer:</span> Offer only available with TurboTax Live Assisted Basic and for those filing Form 1040 and limited credits only. Roughly 37% of taxpayers qualify. Must file between November 29, 2023 and March 31, 2024 to be eligible for the offer. Includes state(s) and one (1) federal tax filing. Intuit reserves the right to modify or terminate this TurboTax Live Assisted Basic Offer at any time for any reason in its sole and absolute discretion. If you add services, your service fees will be adjusted accordingly. If you file after 11:59pm EST, March 31, 2024, you will be charged the then-current list price for TurboTax Live Assisted Basic and state tax filing is an additional fee. <a href="https://turbotax.intuit.com/personal-taxes/online/live/" target="_blank" rel="noreferrer noopener">See current prices here.</a><br><br></li> <li><span class="font-demi">Full Service $100 Back Offer:</span> Credit applies only to federal filing fees for TurboTax Full Service and not returns filed using other TurboTax products or returns filed by Intuit TurboTax Verified Pros. Excludes TurboTax Live Full Service Business <span style="font-weight: 400;">and TurboTax Canada products</span>. Credit does not apply to state tax filing fees or other additional services. If federal filing fees are less than $100, the remaining credit will be provided via electronic gift card. Intuit reserves the right to modify or terminate this offer at any time for any reason in its sole discretion. <span style="font-weight: 400;">Must file by April 15, 2024 11:59 PM ET.</span><br><br></li> <li><span class="font-demi">TurboTax Full Service - Forms-Based Pricing:</span> “Starting at” pricing represents the base price for one federal return (includes one W-2 and one Form 1040). Final price may vary based on your actual tax situation and forms used or included with your return. Price estimates are provided prior to a tax expert starting work on your taxes. Estimates are based on initial information you provide about your tax situation, including forms you upload to assist your expert in preparing your tax return and forms or schedules we think you’ll need to file based on what you tell us about your tax situation. Final price is determined at the time of print or electronic filing and may vary based on your actual tax situation, forms used to prepare your return, and forms or schedules included in your individual return. Prices are subject to change without notice and may impact your final price. If you decide to leave Full Service and work with an independent Intuit TurboTax Verified Pro, your Pro will provide information about their individual pricing and a separate estimate when you connect with them.<br><br></li> <li><span class="font-demi">Pays for itself (TurboTax Premium, formerly Self-Employed): </span>Estimates based on deductible business expenses calculated at the self-employment tax income rate (15.3%) for tax year 2022. Actual results will vary based on your tax situation.</li> </ul> <h3 class="body02 font-demi pt-12">TURBOTAX ONLINE/MOBILE</h3> <ul> <li><span class="font-demi">Anytime, anywhere:</span> Internet access required; standard data rates apply to download and use mobile app.<br><br></li> <li><span class="font-demi">Fastest refund possible:</span> Fastest tax refund with e-file and direct deposit; tax refund time frames will vary. The IRS issues more than 9 out of 10 refunds in less than 21 days.<br><br></li> <li><span class="font-demi">Get your tax refund up to 5 days early:</span> Individual taxes only. When it’s time to file, have your tax refund direct deposited with Credit Karma Money™, and you could receive your funds up to 5 days early. If you choose to pay your tax preparation fee with TurboTax using your federal tax refund or if you choose to take the Refund Advance loan, you will not be eligible to receive your refund up to 5 days early. 5-day early program may change or discontinue at any time. Up to 5 days early access to your federal tax refund is compared to standard tax refund electronic deposit and is dependent on and subject to IRS submitting refund information to the bank before release date. IRS may not submit refund information early.<br><br></li> <li><span class="font-demi">For Credit Karma Money (checking account):</span> Banking services provided by MVB Bank, Inc., Member FDIC. Maximum balance and transfer limits apply per account.</li> </ul> <ul> <li><span class="font-demi">Fees:</span> Third-party fees may apply. Please see Credit Karma Money Account Terms & Disclosures for more information.<br><br></li> <li><span class="font-demi">Pay for TurboTax out of your federal refund or state refund (if applicable):</span> Individual taxes only. Subject to eligibility requirements. Additional terms apply. A $40 Refund Processing Service fee may apply to this payment method. Prices are subject to change without notice. <br><br></li> <li><span class="font-demi">TurboTax Help and Support:</span> Access to a TurboTax product specialist is included with TurboTax Deluxe, Premium, TurboTax Live Assisted and TurboTax Live Full Service; not included with Free Edition (but is available as an upgrade). TurboTax specialists are available to provide general customer help and support using the TurboTax product. Services, areas of expertise, experience levels, wait times, hours of operation and availability vary, and are subject to restriction and change without notice. Limitations apply See <a href="https://turbotax.intuit.com/corp/license/online/" target="_blank" rel="noreferrer noopener">Terms of Service</a><a style="font-size: revert; background-color: #ffffff; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;" href="https://turbotax.intuit.com/corp/license/online" target="_blank" rel="noopener"> </a><span style="font-size: revert; color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;">for details.</span></li> </ul> <ul> <li><span class="font-demi">Tax Advice, Expert Review and TurboTax Live:</span> Access to tax advice and Expert Review (the ability to have a Tax Expert review and/or sign your tax return) is included with TurboTax Live Assisted or as an upgrade from another version, and available through December 31, 2024. Intuit will assign you a tax expert based on availability. Tax expert and CPA availability may be limited. Some tax topics or situations may not be included as part of this service, which shall be determined in the tax expert’s sole discretion. <span class="font-demi">For the TurboTax Live Assisted product,</span> if your return requires a significant level of tax advice or actual preparation, the tax expert may be required to sign as the preparer at which point they will assume primary responsibility for the preparation of your return. <span class="font-demi">For the TurboTax Live Full Service product:</span> Handoff tax preparation by uploading your tax documents, getting matched with an expert, and meeting with an expert in real time. The tax expert will sign your return as a preparer. The ability to retain the same expert preparer in subsequent years will be based on an expert’s choice to continue employment with Intuit. Administrative services may be provided by assistants to the tax expert. On-screen help is available on a desktop, laptop or the TurboTax mobile app. Unlimited access to TurboTax Live tax experts refers to an unlimited quantity of contacts available to each customer, but does not refer to hours of operation or service coverage. Service, area of expertise, experience levels, wait times, hours of operation and availability vary, and are subject to restriction and change without notice.<br><br></li> <li><span class="font-demi">TurboTax Live Full Service – Qualification for Offer:</span> Depending on your tax situation, you may be asked to answer additional questions to determine your qualification for the Full Service offer. Certain complicated tax situations will require an additional fee, and some will not qualify for the Full Service offering. These situations may include but are not limited to multiple sources of business income, large amounts of cryptocurrency transactions, taxable foreign assets and/or significant foreign investment income. Offer details subject to change at any time without notice. Intuit, in its sole discretion and at any time, may determine that certain tax topics, forms and/or situations are not included as part of TurboTax Live Full Service. Intuit reserves the right to refuse to prepare a tax return for any reason in its sole discretion. Additional limitations apply. See <a href="https://turbotax.intuit.com/corp/license/online/" target="_blank" rel="noreferrer noopener">Terms of Service</a> for details.<br><br></li> <li><span class="font-demi">TurboTax Live Full Service - File your taxes as soon as today:</span> TurboTax Full Service Experts are available to prepare 2023 tax returns starting January 8, 2024. Based on completion time for the majority of customers and may vary based on expert availability. The tax preparation assistant will validate the customer’s tax situation during the welcome call and review uploaded documents to assess readiness. All tax forms and documents must be ready and uploaded by the customer for the tax preparation assistant to refer the customer to an available expert for live tax preparation. <br><br></li> <li><span class="font-demi">TurboTax Live Full Service -- Verified Pro -- “Local” and “In-Person”:</span> Not all feature combinations are available for all locations. "Local" experts are defined as being located within the same state as the consumer’s zip code for virtual meetings. "Local" Pros for the purpose of in-person meetings are defined as being located within 50 miles of the consumer's zip code. In-person meetings with local Pros are available on a limited basis in some locations, but not available in all States or locations. Not all pros provide in-person services. <br><br></li> <li><span class="font-demi">Smart Insights:</span> Individual taxes only. Included with TurboTax Deluxe, Premium, TurboTax Live, TurboTax Live Full Service, or with PLUS benefits, and is available through 11/1/2024. Terms and conditions may vary and are subject to change without notice.<br><br></li> <li><span class="font-demi">My Docs features:</span> Included with TurboTax Deluxe, Premium TurboTax Live, TurboTax Live Full Service, or with PLUS benefits and is available through <span style="font-weight: 400;">12/31/2025</span>. Terms and conditions may vary and are subject to change without notice.<br><br></li> <li><span class="font-demi">Tax Return Access:</span> Included with all TurboTax Free Edition, Deluxe, Premium, TurboTax Live, TurboTax Live Full Service customers and access to up to the prior seven years of tax returns we have on file for you is available through <span style="font-weight: 400;">12/31/2025</span>. Terms and conditions may vary and are subject to change without notice.<br><br></li> <li><span class="font-demi">Easy Online Amend:</span> Individual taxes only. Included with TurboTax Deluxe, Premium, TurboTax Live, TurboTax Live Full Service, or with PLUS benefits. Make changes to your 2023 tax return online for up to 3 years after it has been filed and accepted by the IRS through 10/31/2026. Terms and conditions may vary and are subject to change without notice. For TurboTax Live Full Service, your tax expert will amend your 2023 tax return for you through 11/15/2024. After 11/15/2024, TurboTax Live Full Service customers will be able to amend their 2023 tax return themselves using the Easy Online Amend process described above.<br><br></li> <li><span class="font-demi">#1 best-selling tax software:</span> Based on aggregated sales data for all tax year 2022 TurboTax products.<br><br></li> <li><span class="font-demi">#1 online tax filing solution for self-employed:</span> Based upon IRS Sole Proprietor data as of 2023, tax year 2022. Self-Employed defined as a return with a Schedule C tax form. Online competitor data is extrapolated from press releases and SEC filings. “Online” is defined as an individual income tax DIY return (non-preparer signed) that was prepared online & either e-filed or printed, not including returns prepared through desktop software or FFA prepared returns, 2022.<br><br></li> <li><span class="font-demi">CompleteCheck:</span> Covered under the TurboTax accurate calculations and maximum refund <a href="https://turbotax.intuit.com/corp/guarantees/" target="_blank" rel="noopener" data-toggle="modal">guarantees</a>. Limitations apply. See <a href="https://turbotax.intuit.com/corp/license/online/" target="_blank" rel="noreferrer noopener">Terms of Service</a><a href="https://turbotax.intuit.com/corp/license/online" target="_blank" rel="noopener"> </a>for details.</li> </ul> <ul> <li><span class="font-demi">TurboTax Premium Pricing Comparison:</span> Cost savings based on a comparison of TurboTax product prices to average prices set forth in the 2020-2021 NSA Fees-Acct-Tax Practices Survey Report.<br><br></li> <li><span class="font-demi">1099-K Snap and Autofill:</span> Available in mobile app and mobile web only.<br><br></li> <li><span class="font-demi">1099-NEC Snap and Autofill:</span> Available in TurboTax Premium (formerly Self-Employed) and TurboTax Live Assisted Premium (formerly Self-Employed). Available in mobile app only. Feature available within Schedule C tax form for TurboTax filers with 1099-NEC income.<br><br></li> <li><span class="font-demi">Year-Round Tax Estimator:</span> Available in TurboTax Premium (formerly Self-Employed) and TurboTax Live Assisted Premium (formerly Self-Employed). This product feature is only available after you finish and file in a self-employed TurboTax product.<br><br></li> <li><span class="font-demi">**Refer a Friend:</span> Rewards good for up to 20 friends, or $500 - see <a href="https://turbotax.intuit.com/referral/terms/" target="_blank" rel="noopener">official terms and conditions</a> for more details.<br><br></li> <li><span class="font-demi">Refer your Expert (Intuit’s own experts):</span> Rewards good for up to 20 referrals, or $500 - see <a href="https://turbotax.intuit.com/referralexpert/terms/" target="_blank" rel="noopener">official terms and conditions</a> for more details. <br><br></li> <li><span class="font-demi">Refer your Expert (TurboTax Verified Independent Pro):</span> Rewards good for up to 20 referrals, or $500 - see <a href="https://turbotax.intuit.com/referralexpert/terms/" target="_blank" rel="noopener">official terms and conditions</a> for more details.<br><br></li> <li><span class="font-demi">Average Refund Amount:</span> Sum of $3140 is the average refund American taxpayers received based upon IRS data date ending 2/17/23 and may not reflect actual refund amount received.<br><br></li> <li><span class="font-demi">Average Deduction Amount: </span>Based on the average amount of deductions/expenses found by TurboTax Self Employed customers who filed expenses on Schedule C in Tax Year 2022 and may not reflect actual deductions found. <br><br></li> <li><span class="font-demi">More self-employed deductions</span> based on the median amount of expenses found by TurboTax Premium (formerly Self Employed) customers who synced accounts, imported and categorized transactions compared to manual entry. Individual results may vary.<br><br></li> <li><span class="font-demi">TurboTax Online Business Products:</span> For TurboTax Live Assisted Business and TurboTax Full Service Business, we currently don’t support the following tax situations: C-Corps (Form 1120-C), Trust/Estates (Form 1041), Multiple state filings, Tax Exempt Entities/Non-Profits, Entities electing to be treated as a C-Corp, Schedule C Sole proprietorship, Payroll, Sales tax, Quarterly filings, and Foreign Income. <span class="font-demi">TurboTax Live Assisted Business is currently available only in AK, AZ, CA, CO, CT, DE, FL, GA, IL, KS, MA, MD, ME, MI, MN, MO, NC, NJ, NV, NY, OH, PA, RI, SD, TN, TX, UT, VA, WA, WV and WY.</span> <br><br></li> <li><span class="font-demi">Audit Defense: </span>Audit Defense is a third-party add-on service provided, for a fee, by TaxResources, Inc., dba Tax Audit. See Membership Agreements at <a href="https://turbotax.intuit.com/corp/softwarelicense/" target="_blank" rel="noopener">https://turbotax.intuit.com/corp/softwarelicense/</a> for service terms and conditions. <br><br></li> </ul></div></div><div data-com-id="RichText" class=" body04" data-cas-id="c4vsfupfG" data-sb-field-path=".htmlContent"><h3 class="body02 font-demi">TURBOTAX DESKTOP GUARANTEES</h3> <p>TurboTax Desktop Individual Returns:</p> <ul> <li><span class="font-demi">100% Accurate Calculations Guarantee – Individual Returns:</span> If you pay an IRS or state penalty or interest because of a TurboTax calculation error, we’ll pay you the penalty and interest. Excludes payment plans. This guarantee is good for the lifetime of your personal, individual tax return, which Intuit defines as seven years from the date you filed it with TurboTax Desktop. Excludes TurboTax Desktop Business returns. Additional terms and limitations apply. See <a class="link-demi-underline" href="/corp/license/desktop.jsp">License Agreement</a> for details.<br /><br /></li> <li><span class="font-demi">Maximum Refund Guarantee / Maximum Tax Savings Guarantee - or Your Money Back – Individual Returns:</span> If you get a larger refund or smaller tax due from another tax preparation method by filing an amended return, we'll refund the applicable TurboTax federal and/or state software license purchase price you paid. This guarantee is good for the lifetime of your personal, individual tax return, which Intuit defines as seven years from the date you filed it with TurboTax Desktop. Excludes TurboTax Desktop Business returns. Additional terms and limitations apply. See <a class="link-demi-underline" href="/corp/license/desktop.jsp">License Agreement</a> for details.<br /><br /></li> <li><span class="font-demi">Audit Support Guarantee – Individual Returns:</span> If you receive an audit letter from the IRS or State Department of Revenue based on your 2024 TurboTax individual tax return, we will provide one-on-one question-and-answer support with a tax professional, if requested through our <a class="link-demi-underline" href="https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/turbotax-audit-support-guarantee/L06x5FWbz_US_en_US">Audit Support Center</a>, for audited individual returns filed with TurboTax Desktop for the current 2024 tax year and, for individual, non-business returns, for the past two tax years (2022, 2023). Audit support is informational only. We will not represent you before the IRS or state tax authority or provide legal advice. If we are not able to connect you to one of our tax professionals, we will refund the applicable TurboTax federal and/or state license purchase price you paid. This guarantee is good for the lifetime of your personal, individual tax return, which Intuit defines as seven years from the date you filed it with TurboTax Desktop. Excludes TurboTax Desktop Business returns. Additional terms and limitations apply. See <a class="link-demi-underline" href="/corp/license/desktop.jsp">License Agreement</a> for details.<br /><br /></li> <li><span class="font-demi">Satisfaction Guarantee/ 60-Day Money Back Guarantee:</span> If you're not completely satisfied with TurboTax Desktop software, go to <a class="link-demi-underline" href="http://refundrequest.intuit.com">refundrequest.intuit.com</a> within 60 days of purchase and follow the process listed to submit a refund request. You must return this product using your license code or order number and dated receipt. Desktop add-on products and services purchased are non-refundable.</li> </ul> <p>TurboTax Desktop Business Returns:</p> <ul> <li><span class="font-demi">100% Accurate Calculations Guarantee – Business Returns:</span> If you pay an IRS or state penalty or interest because of a TurboTax calculation error, we’ll pay you the penalty and interest. Excludes payment plans. You are responsible for paying any additional tax liability you may owe. Additional terms and limitations apply. See <a class="link-demi-underline" href="/corp/license/desktop.jsp">License Agreement</a> for details.<br /><br /></li> <li><span class="font-demi">Maximum Tax Savings Guarantee - Business Returns:</span> If you get a smaller tax due (or larger business tax refund) from another tax preparation method using the same data, TurboTax will refund the applicable TurboTax Business Desktop license purchase price you paid. Additional terms and limitations apply. See <a class="link-demi-underline" href="/corp/license/desktop.jsp">License Agreement</a> for details.<br /><br /></li> <li><span class="font-demi">Satisfaction Guarantee/ 60-Day Money Back Guarantee:</span> If you're not completely satisfied with TurboTax Desktop software, go to <a class="link-demi-underline" href="https://accounts.intuit.com/app/oirr">refundrequest.intuit.com</a> within 60 days of purchase and follow the process listed to submit a refund request. You must return this product using your license code or order number and dated receipt. Desktop add-on products and services purchased are non-refundable.</li> </ul> <h3 class="body02 font-demi">TURBOTAX DESKTOP DISCLAIMERS</h3> <ul> <li><span class="font-demi">Installation Requirements: Product download, installation and activation requires an Intuit Account and internet connection. Product limited to one account per license code.</span> You must accept the TurboTax <a class="link-demi-underline" href="/corp/license/desktop.jsp">License Agreement</a> to use this product. Not for use by paid preparers.<br /><br /></li> <li><span class="font-demi">TurboTax Desktop Products:</span> Price includes tax preparation and printing of federal tax returns and free federal e-file of up to 5 federal tax returns. Additional fees apply for e-filing state returns. E-file fees may not apply in certain states, <a class="link-demi-underline" href="/desktop-pricing/">check here for details</a>. Savings and price comparison based on anticipated price increase. Software updates and optional online features require internet connection. Desktop add-on products and services purchased are non-refundable.<br /><br /></li> <li><span class="font-demi">Fastest Refund Possible:</span> Get your tax refund from the IRS as fast as possible by e-filing and choosing to receive your refund by direct deposit. Tax refund time frames will vary. The IRS issues more than 9 out of 10 refunds in less than 21 days.<br /><br /></li> <li><span class="font-demi">Average Refund Amount:</span> $3,207 is the average refund amount American taxpayers received in the 2024 filing season based upon IRS data as of February 16, 2024 and may not reflect actual refund amount received.<br /><br /></li> <li><span class="font-demi">TurboTax Technical Support:</span> Customer service and technical support hours and options vary by time of year.<br /><br /></li> <li><span class="font-demi">Deduct From Your Federal Refund: Individual taxes only.</span> Subject to eligibility requirements. Additional terms apply. A $40 Refund Processing Service fee applies to this payment. method. Prices are subject to change without notice.<br /><br /></li> <li><span class="font-demi">Data Import:</span> Imports financial data from participating companies; Requires Intuit Account. Quicken and QuickBooks import not available with TurboTax installed on a Mac. Imports from Quicken (2022 and higher) and QuickBooks Desktop (2023 and higher); both Windows only. Quicken import not available for TurboTax Desktop Business. Quicken products provided by Quicken Inc., Quicken import subject to change.<br /><br /></li> <li><span class="font-demi">Live Tax Advice:</span> Access to tax experts to obtain answers to tax questions and to assist with tax year 2024 return(s) prepared with TurboTax Desktop software. Additional fees apply. Must be purchased and used by October 31, 2025. Excludes TurboTax Desktop Business. See <a class="link-demi-underline" href="/corp/license/desktop.jsp">License Agreement</a> for details.<br /><br /></li> <li><span class="font-demi">Audit Defense:</span> Audit Defense is a third-party add-on service provided, for a fee, by TaxResources, Inc., dba Tax Audit. See Membership Agreements at <a class="link-demi-underline" href="/corp/softwarelicense/">https://turbotax.intuit.com/corp/softwarelicense/</a>for service terms and conditions.</li> </ul> <p>All features, services, support, prices, offers, terms and conditions are subject to change without notice.</p></div></div></div></div><div></div><div></div></div><div data-com-id="Container" data-testid="container" class="bg-pepper0 pt-12 mt-32 " data-cas-id="c05WaCU6W|c9H7PwQUw"><div data-com-id="Container" data-testid="container" class="fixed-width gutters "><div data-com-id="Container" data-testid="container" class="mt-12 pt-12 body03 " data-cas-id="c9VYvtK3R"><div data-com-id="Grid" data-testid="grid-element" class=" gutters Grid-grid-gap-20-730d62c Grid-grid-3786e68 Grid-grid-rows-auto-2575246 Grid-grid-cols-1-659db1b Grid-sm:grid-cols-4-2900927 link-without-highlight-color "><div data-com-id="GridItem" data-testid="gridItem-element" class=" GridItem-order-c9e7d7a undefined"><div data-com-id="Expandable" data-testid="expandable-container" class=" Expandable-interactionDisabledAt--sm-8fa79d3 Expandable-contentState--hidden-b4a9b92 "><div class="Expandable-label-a67e90a" aria-controls="" aria-expanded="false" aria-disabled="false" data-testid="expandable-child" role="button" tabindex="0" data-sb-field-path=".label"><h4 class="Expandable-headerIconButton-d3aa41e border-b border-pepper20 pb-12 "><span style="order:2">About</span><span class="Expandable-buildIconSplit-1bd8f13 " aria-hidden="true"><span class="Expandable-headerIcon-8c53d67"><svg xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="0 0 24 24" color="currentColor" width="24px" height="24px" focusable="false" aria-hidden="true"><path fill="currentColor" d="M12.014 16.018a1 1 0 0 1-.708-.294L5.314 9.715A1.001 1.001 0 0 1 6.73 8.3l5.286 5.3 5.3-5.285a1 1 0 0 1 1.413 1.416l-6.009 5.995a1 1 0 0 1-.706.292"></path></svg></span></span></h4></div><div data-testid="expandable-content" class=" pt-12 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calculators\u003c/a\u003e\u003c/li\u003e\n\u003cli\u003e\u003ca style=\"color: #333333;\" href=\"/tax-reform/\"\u003eLatest tax law changes\u003c/a\u003e\u003c/li\u003e\n\u003cli\u003e\u003ca style=\"color: #333333;\" href=\"/personal-taxes/online/military-edition.jsp\"\u003eActive duty/reserve military\u003c/a\u003e\u003c/li\u003e\n\u003cli\u003e\u003ca style=\"color: #333333;\" href=\"/reviews/\"\u003eProduct reviews\u003c/a\u003e\u003c/li\u003e\n\u003cli\u003e\u003ca style=\"color: #333333;\" href=\"/tax-tools/tax-articles-and-tips/\"\u003eTax tips\u003c/a\u003e\u003c/li\u003e\n\u003cli\u003e\u003ca style=\"color: #333333;\" href=\"https://blog.turbotax.intuit.com/\"\u003eTurbotax blog\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\u003chr style=\"line-height: 1.2;\"\u003e\n\u003cul class=\"ul-\"\u003e\n\u003cli\u003e\u003ca style=\"color: #333333;\" href=\"#\"\u003eLet an expert do taxes for you\u003c/a\u003e\n\u003cul class=\"ul-\"\u003e\n\u003cli\u003e\u003cspan style=\"font-size: 12px;\"\u003eLET AN EXPERT DO TAXES FOR YOU\u003c/span\u003e\u003c/li\u003e\n\u003cli\u003e\u003ca style=\"color: #000000;\" href=\"/personal-taxes/online/live/full-service/\"\u003eLearn how Full Service works\u003c/a\u003e\u003c/li\u003e\n\u003cli\u003e\u003ca style=\"color: #050505;\" href=\"/personal-taxes/online/live/full-service-pricing/\"\u003ePricing\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\u003c/li\u003e\n\u003cli\u003e\u003ca style=\"color: #333333;\" href=\"#\"\u003eFile your own taxes with expert help\u003c/a\u003e\n\u003cul class=\"ul-\"\u003e\n\u003cli\u003e\u003cspan style=\"font-size: 12px;\"\u003eFILE YOUR OWN TAXES WITH EXPERT HELP\u003c/span\u003e\u003c/li\u003e\n\u003cli\u003e\u003ca style=\"color: #333333;\" href=\"/personal-taxes/online/live/basic.jsp\"\u003eSimple Tax Situations (W-2 only)\u003c/a\u003e\u003c/li\u003e\n\u003cli\u003e\u003ca style=\"color: #333333;\" href=\"/personal-taxes/online/live/deluxe.jsp\"\u003eItemized 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If you've invested in cryptocurrency, understand how the IRS taxes these investments and what constitutes a taxable event.\u003c/p\u003e","tracking":{}}}]},{"blockName":"helix-common/section","props":{"tracking":{}},"innerBlocks":[{"blockName":"gwp-components/table-of-contents","props":{"headingSelector":"h3","cssSlideToggleLinkClasses":"inline-block rounded-b-medium body03 py-4 px-20 bg-pepper0","authoring":"","cssClasses":"","cssListClasses":"border-b body03 font-medium pb-4 text-black pt-4 pl-4 pr-12 border-pepper0","isExpandableList":true,"searchSelector":"article","attributes":"","minRowValue":3,"headingsArray":[{"heading":"Cryptocurrency's rise and appeal as an alternative payment method"},{"heading":"Do you pay taxes on crypto?"},{"heading":"How is crypto taxed?"},{"heading":"2024 Short-Term Capital Gains Tax Rates"},{"heading":"2024 Long-Term Capital Gains Tax Rates"},{"heading":"How to calculate capital gains and losses on crypto"},{"heading":"See how to auto-import your crypto to TurboTax"},{"heading":"Buying or selling cryptocurrency as an investment"},{"heading":"If you mine cryptocurrency"},{"heading":"If you receive cryptocurrency as payment for goods or services"},{"heading":"If you sell or spend cryptocurrency"},{"heading":"If you exchange one type of cryptocurrency for another"},{"heading":"If you participate in an airdrop or fork"},{"heading":"If you stake cryptocurrencies"},{"heading":"If you make charitable contributions and gifts in crypto"},{"heading":"Do you pay taxes on lost or stolen crypto?"},{"heading":"Are there tax-free crypto transactions?"},{"heading":"Keep records of your crypto transactions"},{"heading":"Can the IRS track crypto activity?"},{"heading":"How are crypto transactions reported?"},{"heading":"1099-B, Proceeds from Broker and Barter Exchange Transactions"},{"heading":"1099-MISC or 1099-NEC"},{"heading":"Does Coinbase report to the IRS?"},{"heading":"TurboTax has you covered"}],"cssSlideToggleContainerClasses":"text-center","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/container","props":{"as":"div","margin":"none","authoring":"","cssClasses":"border-t mb-12 border-pepper0","attributes":"","alignment":"none","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/reusable-block","props":{"CMS-ENTITY-TYPE":"content","contentPath":"Content/Intuit/All/All/Fragment/Component/c1PypSPXH/GLOBAL/GLOBAL","externalContentIdentifier":"c1PypSPXH","id":"b89776ba-1b4d-4bcc-81e6-ca358607436c","version":"LATEST","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/container","props":{"as":"div","authoring":"","cssClasses":"border-t border-pepper0","tracking":{},"attributes":{"data-cas-id":"c1PypSPXH"}},"innerBlocks":[{"blockName":"gwp-components/text","props":{"typeramp":"body03","as":"span","authoring":"","cssClasses":"mt-0 inline-block px-12 py-4 bg-pepper0","text":"TABLE OF CONTENTS","fontWeight":"regular","fontColor":"","tracking":{}}}]}]}]}]}]},{"blockName":"gwp-components/container","props":{"as":"article","margin":"none","authoring":"","cssClasses":"","attributes":"","alignment":"none","tracking":{}},"innerBlocks":[{"blockName":"helix-common/section","props":{"tracking":{}},"innerBlocks":[{"blockName":"gwp-components/container","props":{"as":"div","margin":"none","authoring":"","cssClasses":"","attributes":"","alignment":"none","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/rich-text","props":{"typeramp":"text-size-inherit","authoring":"","cssClasses":"body02","attributes":"","fontColor":"","htmlContent":"\u003cp\u003e\u003cimg class=\"\" src=\"https://digitalasset.intuit.com/content/dam/intuit/cg/en_us/turbotax/tax-tips/images/investor/cryptocurrency_tax_guide_comp.jpg\" alt=\"A female trader sits at a desk with a laptop and analyzes stock data.\" width=\"603\" height=\"401\" /\u003e\u003c/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003ciframe title=\"Podcast Player\" src=\"https://turbotax.spokenlayer.io/your-cryptocurrency-tax-guide-L4k3xiFjB\" width=\"600\" height=\"120\" frameborder=\"0\" sandbox=\"allow-scripts allow-same-origin\"\u003e\u003cspan data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"\u003e\u003c/span\u003e\u003cspan data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"\u003e\u003c/span\u003e\u003cspan data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"\u003e\u003c/span\u003e\u003c/iframe\u003e\u003c/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eSubscribe:\u003c/strong\u003e \u003ca href=\"https://podcasts.apple.com/us/podcast/turbo-tips/id1488376372\" target=\"_blank\" rel=\"noopener\"\u003eApple Podcasts\u003c/a\u003e | \u003ca href=\"https://open.spotify.com/show/4yfxPCnJVbJoWLqavBkCxa?si=c9GFsAXBRhKz1DyGxS8Ihw\" target=\"_blank\" rel=\"noopener\"\u003eSpotify\u003c/a\u003e | \u003ca href=\"https://www.iheart.com/podcast/269-turbo-tips-53146251/\" target=\"_blank\" rel=\"noopener\"\u003eiHeartRadio\u003c/a\u003e\u003c/p\u003e\n\u003cdiv class=\"key-takeaways\"\u003e\n\u003ch4\u003eKey Takeaways\u003c/h4\u003e\n\u003cul\u003e\n\u003cli\u003eThe IRS treats cryptocurrency as property, meaning that when you buy, sell or exchange it, this counts as a taxable event and typically results in either a capital gain or loss.\u003c/li\u003e\n\u003cli\u003eWhen you earn income from cryptocurrency activities, this is taxed as ordinary income.\u003c/li\u003e\n\u003cli\u003eYou report these taxable events on your tax return using various tax forms.\u003c/li\u003e\n\u003cli\u003eKeep records of your transactions so that you can inform the IRS of all your crypto activity during the year.\u003c/li\u003e\n\u003c/ul\u003e\n\u003c/div\u003e\n\u003ctable style=\"background-color: #f4f5f8; margin-left: 10x; margin-right: 10x;\" width=\"550\" cellpadding=\"10x\"\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003e\n\u003cp style=\"padding-left: 30px;\"\u003e\u003cspan style=\"color: #333333;\"\u003e\u003cstrong\u003eTurboTax Has You Covered\u003c/strong\u003e\u003c/span\u003e\u003c/p\u003e\n\u003cp style=\"padding-left: 30px;\"\u003e\u003cspan style=\"color: #333333;\"\u003eHave questions about \u003ca href=\"https://turbotax.intuit.com/personal-taxes/crypto-taxes/\"\u003eTurboTax and Crypto\u003c/a\u003e? Our \u003ca href=\"https://ttlc.intuit.com/community/cryptocurrency/help/cryptocurrency-info-center/00/2441862\"\u003eCryptocurrency Info Center\u003c/a\u003e has commonly answered questions to help make taxes easier and more insightful.\u003c/span\u003e\u003c/p\u003e\n\u003cp style=\"padding-left: 30px;\"\u003e\u003cspan style=\"color: #333333;\"\u003eWhether you have stock, bonds, ETFs, cryptocurrency, rental property income, or other investments, \u003ca href=\"https://turbotax.intuit.com/personal-taxes/online/premium/\"\u003eTurboTax Premium\u003c/a\u003e has you covered. Filers can easily import up to 10,000 stock transactions from hundreds of Financial Institutions and up to 20,000 crypto transactions from the top crypto wallets and exchanges. Increase your tax knowledge and understanding while doing your taxes.\u003c/span\u003e\u003c/p\u003e\n\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\n\u003ch3 id=\"GoTo-Cryptocurrency-s-rise-and-appeal-as-an-alternative-payment-method\" style=\"scroll-margin-top: 0px;\"\u003eCryptocurrency's rise and appeal as an alternative payment method\u003c/h3\u003e\n\u003cp\u003eInterest in cryptocurrency has grown tremendously in the last several years. Whether you accept or pay with cryptocurrency, invested in it, are an experienced currency trader or you received a small amount as a gift, it's important to understand cryptocurrency tax implications.\u003c/p\u003e\n\u003cp\u003eThe term cryptocurrency refers to a type of digital asset that can be used to buy goods and services, although many people invest in cryptocurrency similarly to investing in shares of stock. Part of its appeal is that it's a decentralized medium of exchange, meaning it operates without the involvement of banks, financial institutions, or other central authorities such as governments.\u003c/p\u003e\n\u003cp\u003eCryptocurrency has built-in security features. Transactions are encrypted with specialized computer code and recorded on a blockchain — a public, distributed digital ledger in which every new entry must be reviewed and approved by all network members.\u003c/p\u003e\n\u003cp\u003eYou may have heard of \u003ca href=\"https://turbotax.intuit.com/tax-tips/tax-payments/tax-tips-for-bitcoin-and-virtual-currency/L1ZOgU00q\"\u003eBitcoin\u003c/a\u003e or Ethereum as two of the more popular cryptocurrencies, but there are thousands of different forms of cryptocurrency worldwide.\u003c/p\u003e\n\u003ch3 id=\"GoTo-Do-you-pay-taxes-on-crypto-\" style=\"scroll-margin-top: 0px;\"\u003eDo you pay taxes on crypto?\u003c/h3\u003e\n\u003cp\u003ePeople might refer to cryptocurrency as a virtual currency, but it's not a true currency in the eyes of the IRS. According to IRS Notice 2014–21, the IRS considers cryptocurrency to be property, and \u003ca href=\"https://turbotax.intuit.com/tax-tips/investments-and-taxes/capital-gains-and-losses/L7GF1ouP8\"\u003ecapital gains and losses\u003c/a\u003e need to be reported on \u003ca href=\"https://turbotax.intuit.com/tax-tips/investments-and-taxes/guide-to-schedule-d-capital-gains-and-losses/L1bKWgPea\"\u003eSchedule D\u003c/a\u003e and Form 8949 if necessary.\u003c/p\u003e\n\u003cp\u003eDespite the decentralized, virtual nature of cryptocurrency, and because the IRS treats it like property, your gains and losses in crypto transactions will typically affect your taxes.\u003c/p\u003e\n\u003ch3 id=\"GoTo-How-is-crypto-taxed-\" style=\"scroll-margin-top: 0px;\"\u003eHow is crypto taxed?\u003c/h3\u003e\n\u003cp\u003eIf you buy, sell or exchange crypto in a non-retirement account, you'll face capital gains or losses. Like other investments taxed by the IRS, your gain or loss may be short-term or long-term, depending on how long you held the cryptocurrency before selling or exchanging it.\u003c/p\u003e\n\u003cul\u003e\n\u003cli\u003eIf you owned the cryptocurrency for one year or less before spending or selling it, any profits are typically short-term capital gains, which are taxed at your ordinary income rate.\u003c/li\u003e\n\u003cli\u003eIf you held the cryptocurrency for more than one year, any profits are typically long-term capital gains, subject to \u003ca href=\"https://turbotax.intuit.com/tax-tips/investments-and-taxes/guide-to-short-term-vs-long-term-capital-gains-taxes-brokerage-accounts-etc/L7KCu9etn\"\u003elong-term capital gains tax rates\u003c/a\u003e.\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003eFor short-term capital gains or ordinary income earned through crypto activities, you should use the following table to calculate your capital gains taxes:\u003c/p\u003e\n\u003ch3 id=\"GoTo-2024-Short-Term-Capital-Gains-Tax-Rates\" style=\"text-align: left;\"\u003e2024 Short-Term Capital Gains Tax Rates\u003c/h3\u003e\n\u003ctable border=\"1\" width=\"100%\"\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cstrong\u003eTax Rate\u003c/strong\u003e\u003c/td\u003e\n\u003ctd\u003e\u003cstrong\u003e10%\u003c/strong\u003e\u003c/td\u003e\n\u003ctd\u003e\u003cstrong\u003e12%\u003c/strong\u003e\u003c/td\u003e\n\u003ctd\u003e\u003cstrong\u003e22%\u003c/strong\u003e\u003c/td\u003e\n\u003ctd\u003e\u003cstrong\u003e24%\u003c/strong\u003e\u003c/td\u003e\n\u003ctd\u003e\u003cstrong\u003e32%\u003c/strong\u003e\u003c/td\u003e\n\u003ctd\u003e\u003cstrong\u003e35%\u003c/strong\u003e\u003c/td\u003e\n\u003ctd\u003e\u003cstrong\u003e37%\u003c/strong\u003e\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eFiling Status\u003c/strong\u003e\u003c/td\u003e\n\u003ctd colspan=\"7\"\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eTaxable Income\u003c/strong\u003e\u003c/p\u003e\n\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSingle\u003c/td\u003e\n\u003ctd\u003eUp to $11,600\u003c/td\u003e\n\u003ctd\u003e$11,601 to $47,150\u003c/td\u003e\n\u003ctd\u003e$47,151 to $100,525\u003c/td\u003e\n\u003ctd\u003e$100,526 to $191,950\u003c/td\u003e\n\u003ctd\u003e$191,951 to $243,725\u003c/td\u003e\n\u003ctd\u003e$243,726 to $609,350\u003c/td\u003e\n\u003ctd\u003eOver $609,350\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eHead of Household\u003c/td\u003e\n\u003ctd\u003eUp to $16,550\u003c/td\u003e\n\u003ctd\u003e$16,551 to $63,100\u003c/td\u003e\n\u003ctd\u003e$63,101 to $100,500\u003c/td\u003e\n\u003ctd\u003e$100,501 to $191,950\u003c/td\u003e\n\u003ctd\u003e$191,950 to $243,700\u003c/td\u003e\n\u003ctd\u003e$243,701 to $609,350\u003c/td\u003e\n\u003ctd\u003eOver $609,350\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMarried Filing Jointly\u003c/td\u003e\n\u003ctd\u003eUp to $23,200\u003c/td\u003e\n\u003ctd\u003e$23,201 to $94,300\u003c/td\u003e\n\u003ctd\u003e$94,301 to $201,050\u003c/td\u003e\n\u003ctd\u003e$201,051 to $383,900\u003c/td\u003e\n\u003ctd\u003e$383,901 to $487,450\u003c/td\u003e\n\u003ctd\u003e$487,451 to $731,200\u003c/td\u003e\n\u003ctd\u003eOver $731,200\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMarried Filing Separately\u003c/td\u003e\n\u003ctd\u003eUp to $11,600\u003c/td\u003e\n\u003ctd\u003e$11,601 to $47,150\u003c/td\u003e\n\u003ctd\u003e$47,151 to $100,525\u003c/td\u003e\n\u003ctd\u003e$100,526 to $191,150\u003c/td\u003e\n\u003ctd\u003e$191,151 to $243,725\u003c/td\u003e\n\u003ctd\u003e$243,726 to $365,600\u003c/td\u003e\n\u003ctd\u003eOver $365,600\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\n\u003cp\u003eIf you held your cryptocurrency for more than one year, use the following table to calculate your long-term capital gains.\u003c/p\u003e\n\u003ch3 id=\"GoTo-2024-Long-Term-Capital-Gains-Tax-Rates\" style=\"text-align: left;\"\u003e2024 Long-Term Capital Gains Tax Rates\u003c/h3\u003e\n\u003ctable border=\"1\" width=\"100%\"\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd width=\"32%\"\u003e\n\u003cp style=\"text-align: left;\"\u003e\u003cstrong\u003eTax Rate\u003c/strong\u003e\u003c/p\u003e\n\u003c/td\u003e\n\u003ctd style=\"text-align: center;\" width=\"18%\"\u003e\u003cstrong\u003e0%\u003c/strong\u003e\u003c/td\u003e\n\u003ctd style=\"text-align: center;\" width=\"27%\"\u003e\u003cstrong\u003e15%\u003c/strong\u003e\u003c/td\u003e\n\u003ctd style=\"text-align: center;\" width=\"21%\"\u003e\u003cstrong\u003e20%\u003c/strong\u003e\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd width=\"32%\"\u003e\u003cstrong\u003eFiling Status\u003c/strong\u003e\u003c/td\u003e\n\u003ctd style=\"text-align: center;\" colspan=\"3\" width=\"18%\"\u003e\u003cstrong\u003eTaxable Income\u003c/strong\u003e\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd width=\"32%\"\u003eSingle\u003c/td\u003e\n\u003ctd width=\"18%\"\u003eUp to $47,025\u003c/td\u003e\n\u003ctd width=\"27%\"\u003e$47,026 to $518,900\u003c/td\u003e\n\u003ctd width=\"21%\"\u003eOver $518,900\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd width=\"32%\"\u003eHead of Household\u003c/td\u003e\n\u003ctd width=\"18%\"\u003eUp to $63,000\u003c/td\u003e\n\u003ctd width=\"27%\"\u003e$63,001 to $583,750\u003c/td\u003e\n\u003ctd width=\"21%\"\u003eOver $583,750\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd width=\"32%\"\u003eMarried Filing Jointly\u003c/td\u003e\n\u003ctd width=\"18%\"\u003eUp to $94,050\u003c/td\u003e\n\u003ctd width=\"27%\"\u003e$94,051 to $583,750\u003c/td\u003e\n\u003ctd width=\"21%\"\u003eOver $583,750\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd width=\"32%\"\u003eMarried Filing Separately\u003c/td\u003e\n\u003ctd width=\"18%\"\u003eUp to $47,025\u003c/td\u003e\n\u003ctd width=\"27%\"\u003e$47,026 to $291,850\u003c/td\u003e\n\u003ctd width=\"21%\"\u003eOver $291,850\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\n\u003cp\u003eHow you report cryptocurrency on your tax return depends on how you got it and how you used it.\u003c/p\u003e\n\u003cp\u003eYou can also earn income related to cryptocurrency activities. This is treated as ordinary income and is taxed at your marginal tax rate, which could be between 10 to 37%.\u003c/p\u003e\n\u003ch3 id=\"GoTo-How-to-calculate-capital-gains-and-losses-on-crypto\" style=\"scroll-margin-top: 0px;\"\u003eHow to calculate capital gains and losses on crypto\u003c/h3\u003e\n\u003cp\u003eWhen you buy and sell capital assets, your gains and losses fall into two classes: long-term and short-term. How the IRS treats these two classes is very different in terms of the tax consequences you’ll encounter.\u003c/p\u003e\n\u003col\u003e\n\u003cli\u003eShort-term capital gains and losses come from the sale of property that you held for one year or less. These gains are typically taxed as ordinary income at a rate between 10% and 37% in 2024.\u003c/li\u003e\n\u003cli\u003eLong-term capital gains and losses come from the sale of property that you held for more than one year and are typically taxed at preferential long-term capital gains rates of 0%, 15%, or 20% for 2024.\u003c/li\u003e\n\u003c/ol\u003e\n\u003cp\u003eWhen calculating your gain or loss, you start first by determining your cost basis on the property. Generally, this is the price you paid, which you adjust (increase) by any fees or commissions you paid to engage in the transaction. This final cost is called your adjusted cost basis.\u003c/p\u003e\n\u003cp\u003eNext, you determine the sale amount and adjust (reduce) it by any fees or commissions you paid to close the transaction.\u003c/p\u003e\n\u003cp\u003eFinally, you subtract your adjusted cost basis from the adjusted sale amount to determine the difference, resulting in a capital gain if the amount exceeds your adjusted cost basis, or a capital loss if the amount is less than your adjusted cost basis.\u003c/p\u003e\n\u003cp\u003eYou can use a \u003ca href=\"https://blog.turbotax.intuit.com/income-and-investments/cryptocurrency-tax-calculator-50398/\"\u003eCrypto Tax Calculator\u003c/a\u003e to get an idea of how much tax you might owe from your capital gains or losses from crypto activities.\u003c/p\u003e\n\u003ch3 id=\"GoTo-See-how-to-auto-import-your-crypto-to-TurboTax\" style=\"scroll-margin-top: 0px;\"\u003eSee how to auto-import your crypto to TurboTax\u003c/h3\u003e\n\u003cp\u003e\u003ciframe title=\"YouTube video player\" src=\"https://www.youtube.com/embed/dcECWxJ11uU?si=CJ1YQD-oVJOnwHdI\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"\"\u003e\u003c/iframe\u003e\u003c/p\u003e\n\u003ch3 id=\"GoTo-Buying-or-selling-cryptocurrency-as-an-investment\" style=\"scroll-margin-top: 0px;\"\u003eBuying or selling cryptocurrency as an investment\u003c/h3\u003e\n\u003cp\u003eBuying cryptocurrency isn’t a taxable event by itself. You can choose to buy and hold cryptocurrency for as long as you’d like without paying taxes on it, even if the value of your position increases.\u003c/p\u003e\n\u003cp\u003eTaxes are due when you sell, trade or dispose of your cryptocurrency investments in any way that causes you to recognize a gain in your taxable accounts. This doesn’t apply if you trade cryptocurrency in a tax-deferred or tax-free account like an individual retirement account (IRA).\u003c/p\u003e\n\u003cp\u003eFor example, if you buy $1,000 worth of Bitcoin and later sell it for $1,200, you'd need to report this $200 gain on your taxes. The gain, whether it’s a short-term or long-term capital gain, will depend on how long you’ve held the cryptocurrency.\u003c/p\u003e\n\u003cp\u003eIf you instead sold the same $1,000 worth of Bitcoin for $800, you’d recognize a loss that can offset other gains and up to $3,000 of your taxable income if your total losses are greater than your total gains. Any unused loss can roll forward to future years as an offset to future gains or up to $3,000 of your taxable income per year.\u003c/p\u003e\n\u003ch3 id=\"GoTo-If-you-mine-cryptocurrency\" style=\"scroll-margin-top: 0px;\"\u003eIf you mine cryptocurrency\u003c/h3\u003e\n\u003cp\u003eCryptocurrency mining refers to solving cryptographic hash functions to validate and add cryptocurrency transactions to a blockchain. In exchange for this work, miners receive cryptocurrency as a reward.\u003c/p\u003e\n\u003cp\u003eIf you earn cryptocurrency by mining it, it's considered taxable income and might be reported on \u003ca href=\"https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-form-1099-nec/L5fbwIFSn\"\u003eForm 1099-NEC\u003c/a\u003e at the fair market value of the cryptocurrency on the day you received it. You need to report this even if you don't receive a 1099 form as the IRS considers this taxable income and is likely subject to self-employment tax in addition to income tax.\u003c/p\u003e\n\u003ch3 id=\"GoTo-If-you-receive-cryptocurrency-as-payment-for-goods-or-services\" style=\"scroll-margin-top: 0px;\"\u003eIf you receive cryptocurrency as payment for goods or services\u003c/h3\u003e\n\u003cp\u003eMany businesses now accept Bitcoin and other cryptocurrency as payment. If someone pays you cryptocurrency in exchange for goods or services, the payment counts as taxable income, just as if they'd paid you via cash, check, credit card, or digital wallet. For tax reporting, the dollar value that you receive for goods or services is equal to the fair market value of the cryptocurrency on the day and time you received it.\u003c/p\u003e\n\u003ch3 id=\"GoTo-If-you-sell-or-spend-cryptocurrency\" style=\"scroll-margin-top: 0px;\"\u003eIf you sell or spend cryptocurrency\u003c/h3\u003e\n\u003cp\u003eIf you mine, buy, or receive cryptocurrency and eventually sell or spend it, you have a capital transaction resulting in a gain or loss just as you would if you sold shares of stock. This is where cryptocurrency taxes can get more involved. Each time you dispose of cryptocurrency you are making a capital transaction that needs to be reported on your tax return.\u003c/p\u003e\n\u003cp\u003eFor example, let's look at an example for buying cryptocurrency that appreciates in value and then is used to purchase plane tickets. The example will involve paying ordinary income taxes and capital gains tax.\u003c/p\u003e\n\u003cul\u003e\n\u003cli\u003eFirst, you receive $200 worth of the cryptocurrency Litecoin in exchange for services on January 15.\u003c/li\u003e\n\u003cli\u003eSix months later, on July 15, the fair market value of your Litecoin has increased to $500, and you use it to buy plane tickets for a vacation.\u003c/li\u003e\n\u003cli\u003eOn your tax return for that year, you should report $200 of ordinary income (either as wages if reported on a W-2 or as self-employment income if you are not an employee getting paid in crypto) for receiving the Litecoin in January and a short-term capital gain of $300. That's the $500 value of your Litecoin when you purchased the plane tickets, minus your $200 basis when you received the Litecoin.\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003eWhen you calculate your basis in the Litecoin for capital gains tax, you need to account for the $200 worth of ordinary income included in your taxes. That same Litecoin position, now worth $500, gets used to purchase the plane tickets, meaning you wouldn’t pay capital gains tax on the original $200.\u003c/p\u003e\n\u003cp\u003eIf you paid capital gains tax on the full $500, the initial $200 would be taxed twice: once as ordinary income and once as a capital gain.\u003c/p\u003e\n\u003cp\u003eTherefore, you subtract your original $200 basis from the $500 balance.\u003c/p\u003e\n\u003cp\u003eThose two cryptocurrency transactions are easy enough to track. But imagine you purchase $1,000 worth of Litecoin, load it onto a cryptocurrency debit card, and spend it over several months on coffee, groceries, lunches, and more.\u003c/p\u003e\n\u003cp\u003eIf, like most taxpayers, you think of cryptocurrency as a cash alternative and you aren't keeping track of capital gains and losses for each of these transactions, it can be tough to unravel at year-end. Staying on top of these transactions is important for tax reporting purposes.\u003c/p\u003e\n\u003ch3 id=\"GoTo-If-you-exchange-one-type-of-cryptocurrency-for-another\" style=\"scroll-margin-top: 0px;\"\u003eIf you exchange one type of cryptocurrency for another\u003c/h3\u003e\n\u003cp\u003eCryptocurrency enthusiasts often exchange or trade one type of cryptocurrency for another. For example, say you have $1,000 worth of Litecoin and exchange it for $1,000 worth of Ethereum. If you originally paid $300 for the Litecoin, you have to recognize a $700 capital gain when you make the exchange. You established a $300 basis at the time of purchase for your original Litecoin position but recognized a $700 capital gain as a result of the coin’s appreciation between your purchase and the exchange for Ethereum. Your Ethereum’s basis is its fair market value at the time of exchange, making your new cost basis $1,000 after paying the $700 capital gain on the exchange.\u003c/p\u003e\n\u003cp\u003eIt's important to note that all of these transactions are referenced back to United States dollars since this is the currency that is used for your tax return. So, even if you buy one cryptocurrency using another one without first converting to US dollars, you still have a taxable transaction.\u003c/p\u003e\n\u003ch3 id=\"GoTo-If-you-participate-in-an-airdrop-or-fork\" style=\"scroll-margin-top: 0px;\"\u003eIf you participate in an airdrop or fork\u003c/h3\u003e\n\u003cp\u003eAn airdrop is when a new crypto project launches and sends out several free tokens to early adopters and their communities to encourage adoption as part of a broader marketing effort to promote the project’s inception. If you frequently interact with crypto platforms and exchanges, you may receive airdrops of new tokens in your account. These new coins count as a taxable event, causing you to pay taxes on these virtual coins.\u003c/p\u003e\n\u003cp\u003eA hard fork is a wholesale change in a blockchain network’s protocol that invalidates previously-verified transaction history blocks or vice versa. Many times, a cryptocurrency will engage in a hard fork as the result of wanting to create a new rule for the blockchain. The new, upgraded blockchain contains the new rule while the old chain doesn’t. Many users of the old blockchain quickly realize their old version of the blockchain is outdated or irrelevant now that the new blockchain exists following the hard fork, forcing them to upgrade to the latest version of the blockchain protocol. For a hard fork to work properly, all nodes or blockchain users must upgrade to the latest version of the protocol software.\u003c/p\u003e\n\u003cp\u003eA hard fork doesn’t always result in new cryptocurrency issued to the taxpayer and doesn’t necessarily generate a taxable event as a result. However, in the event a hard fork occurs and is followed by an airdrop where you receive new virtual currency, this generates ordinary income.\u003c/p\u003e\n\u003cp\u003eThis counts as taxable income on your tax return and you must report it to the IRS, whether you receive a 1099 form reporting the transaction or not.\u003c/p\u003e\n\u003ch3 id=\"GoTo-If-you-stake-cryptocurrencies\" style=\"scroll-margin-top: 0px;\"\u003eIf you stake cryptocurrencies\u003c/h3\u003e\n\u003cp\u003eStaking cryptocurrencies is a means for earning rewards for holding cryptocurrencies and providing a built-in investor and user base to give the coin value. Earning cryptocurrency through staking is similar to earning interest on a savings account. In exchange for staking your virtual currencies, you can be paid money that counts as taxable income.\u003c/p\u003e\n\u003cp\u003eYou treat staking income the same as you do mining income: counted as fair market value at the time you earn the income and subject to income and possibly self-employment taxes.\u003c/p\u003e\n\u003ch3 id=\"GoTo-If-you-make-charitable-contributions-and-gifts-in-crypto\" style=\"scroll-margin-top: 0px;\"\u003eIf you make charitable contributions and gifts in crypto\u003c/h3\u003e\n\u003cp\u003eIf you itemize your deductions, you may donate cryptocurrency to qualified charitable organizations and claim a tax deduction. You typically can deduct the fair market value of your cryptocurrency at the time of charitable contribution, and you don’t have to pay capital gains taxes when you donate.\u003c/p\u003e\n\u003cp\u003eCryptocurrency charitable contributions are treated as noncash charitable contributions. A charitable organization may assist in documenting your crypto-charitable contribution by providing a written acknowledgement if claiming a deduction of $250 or more for the virtual currency deduction.\u003c/p\u003e\n\u003ch3 id=\"GoTo-Do-you-pay-taxes-on-lost-or-stolen-crypto-\" style=\"scroll-margin-top: 0px;\"\u003eDo you pay taxes on lost or stolen crypto?\u003c/h3\u003e\n\u003cp\u003eTypically, you can't deduct losses for lost or stolen crypto on your return. The IRS states two types of losses exist for capital assets: casualty losses and theft losses. Generally speaking, casualty losses in the crypto world would mean having damage, destruction, or loss of your crypto from an identifiable event that is sudden, unexpected or unusual. As an example, this could include negligently sending your crypto to the wrong wallet or some similar event, though other factors may need to be considered to determine if the loss constitutes a casualty loss. Theft losses would occur when your wallet or an exchange are hacked.\u003c/p\u003e\n\u003cp\u003eIn either case, you can’t deduct these losses to offset your gains. Due to tax reform laws going into effect in 2018, most all casualty and theft losses aren’t deductible between 2018 and 2025. In the future, taxpayers may be able to benefit from this deduction if they itemize their deductions instead of claiming the Standard Deduction.\u003c/p\u003e\n\u003ch3 id=\"GoTo-Are-there-tax-free-crypto-transactions-\" style=\"scroll-margin-top: 0px;\"\u003eAre there tax-free crypto transactions?\u003c/h3\u003e\n\u003cp\u003eYou can make tax-free crypto transactions under certain situations, depending on the transaction you make, the account you transact in, your income, and filing status.\u003c/p\u003e\n\u003cp\u003eWhen you buy cryptocurrency, this doesn’t create a taxable event even if the value increases over time. Tax consequences don't result until you decide to sell or exchange the cryptocurrency.\u003c/p\u003e\n\u003cp\u003eFor crypto transactions you make in a tax-deferred or tax-free account, like a Traditional or \u003ca href=\"https://turbotax.intuit.com/tax-tips/investments-and-taxes/reversing-a-roth-ira-conversion/L0yVOfwyZ\"\u003eRoth IRA\u003c/a\u003e, respectively, these transactions don’t get taxed like they would in a brokerage account. These trades avoid taxation.\u003c/p\u003e\n\u003cp\u003eDepending on your income each year, \u003ca href=\"https://turbotax.intuit.com/tax-tips/investments-and-taxes/guide-to-short-term-vs-long-term-capital-gains-taxes-brokerage-accounts-etc/L7KCu9etn\"\u003elong-term capital gains\u003c/a\u003e rates can be as low as 0%. For 2024, you can also avoid paying taxes when selling your cryptocurrency if your table income is less than or equal to $47,025 if you file as Single, as Married Filing Separately, or your taxable income is less than or equal to $94,050 if you file as Married Filing Jointly.\u003c/p\u003e\n\u003ch3 id=\"GoTo-Keep-records-of-your-crypto-transactions\" style=\"scroll-margin-top: 0px;\"\u003eKeep records of your crypto transactions\u003c/h3\u003e\n\u003cp\u003eThe IRS is stepping up enforcement of cryptocurrency tax reporting as these virtual currencies grow in popularity. As a result, you need to keep track of your crypto activity and report this information to the IRS on the appropriate \u003ca href=\"https://turbotax.intuit.com/tax-tips/investments-and-taxes/crypto-tax-forms/L8tQmALU3\"\u003ecrypto tax forms\u003c/a\u003e.\u003c/p\u003e\n\u003cp\u003eThe IRS estimates that only a fraction of people buying, selling, and trading cryptocurrencies were properly reporting those transactions on their tax returns. The agency provided further guidance on how cryptocurrency should be reported and taxed in October 2019 for the first time since 2014.\u003c/p\u003e\n\u003cp\u003eBeginning in tax year 2020, the IRS also made a change to \u003ca href=\"https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-irs-form-1040-schedule-1/L6By94re4\"\u003eForm 1040\u003c/a\u003e and began including the question: \"At any time during 2024, did you receive, sell, send, exchange or otherwise acquire any financial interest in any virtual currency?\"\u003c/p\u003e\n\u003cp\u003eIf you check \"yes,\" the IRS will likely expect to see income from cryptocurrency transactions on your tax return.\u003c/p\u003e\n\u003cp\u003eCrypto tax software helps you track all of these transactions, ensuring you have a complete list of activities to report when it comes time to prepare your taxes. The software integrates with several virtual currency brokers, digital wallets, and other crypto platforms to import cryptocurrency transactions into your \u003ca href=\"https://turbotax.intuit.com/tax-tips/general/how-to-file-taxes-online/L5RCRJQBs\"\u003eonline tax software\u003c/a\u003e. This can include trades made in cryptocurrency but also transactions made with the virtual currency as a form of payment for goods and services.\u003c/p\u003e\n\u003cp\u003eDepending on the crypto tax software, the transaction reporting may resemble documentation you could file with your return on Form 8949, Sales and Other Dispositions of Capital Assets, or can be formatted in a way so that it is easily imported into tax preparation software. Often, you’ll pay for tiers of service for the number of transactions reported.\u003c/p\u003e\n\u003ch3 id=\"GoTo-Can-the-IRS-track-crypto-activity-\" style=\"scroll-margin-top: 0px;\"\u003eCan the IRS track crypto activity?\u003c/h3\u003e\n\u003cp\u003eDespite the anonymous nature of cryptocurrencies, the IRS may still have ways of tracking your crypto activity.\u003c/p\u003e\n\u003cp\u003eFor example, if you trade on a crypto exchange that provides reporting through \u003ca href=\"https://turbotax.intuit.com/tax-tips/investments-and-taxes/what-is-form-1099-b-proceeds-from-broker-transactions/L071oPWkE\"\u003eForm 1099-B\u003c/a\u003e, Proceeds from Broker and Barter Exchange Transactions, they'll provide a reporting of these trades to the IRS.\u003c/p\u003e\n\u003cp\u003eFurther, the IRS makes use of blockchain analytics tools for identifying crypto activity of digital wallets and ties them to individuals in instances where they suspect tax evasion and/or money laundering may be occurring.\u003c/p\u003e\n\u003cp\u003eAs a result, you’ll want to make sure you report all crypto activities during the year on your tax return.\u003c/p\u003e\n\u003ch3 id=\"GoTo-How-are-crypto-transactions-reported-\" style=\"scroll-margin-top: 0px;\"\u003eHow are crypto transactions reported?\u003c/h3\u003e\n\u003cp\u003eWhen you place crypto transactions through a brokerage or from using these digital currencies as a means for payment, this constitutes a sale or exchange. As a result, you’ll need to document your crypto sales details, including how much you bought it for and when. These transactions are typically reported on Form 8949, Schedule D, and Form 1040.\u003c/p\u003e\n\u003ch3 id=\"GoTo-1099-B--Proceeds-from-Broker-and-Barter-Exchange-Transactions\" style=\"scroll-margin-top: 0px;\"\u003e1099-B, Proceeds from Broker and Barter Exchange Transactions\u003c/h3\u003e\n\u003cp\u003eIf you traded crypto in an investment account or on a crypto exchange or used it to make payments for goods and services, you may receive Form 1099-B reporting these transactions. In other investment accounts like those held with a stockbroker, this information is usually provided on this 1099 Form. However, not every platform provides these forms. In this case, they can typically still provide the information even if it isn't on a 1099-B.\u003c/p\u003e\n\u003cp\u003eHowever, starting in tax year 2023, the \u003ca href=\"https://blog.turbotax.intuit.com/tax-news/the-infrastructure-bill-was-signed-into-law-what-does-it-mean-for-you-and-your-taxes-50408/\"\u003eAmerican Infrastructure Bill of 2021\u003c/a\u003e requires crypto exchanges to send 1099-B forms reporting all transaction activity.\u003c/p\u003e\n\u003ch3 id=\"GoTo-1099-MISC-or-1099-NEC\" style=\"scroll-margin-top: 0px;\"\u003e1099-MISC or 1099-NEC\u003c/h3\u003e\n\u003cp\u003eIf you mined crypto or received crypto as an award, then you might receive either Form \u003ca href=\"https://turbotax.intuit.com/tax-tips/self-employment-taxes/what-is-the-irs-form-1099-misc/L4wLb4bej\"\u003e1099-MISC, Miscellaneous Income\u003c/a\u003e, or \u003ca href=\"https://turbotax.intuit.com/tax-tips/self-employment-taxes/how-to-file-taxes-with-irs-form-1099-misc/L3UAsiVBq\"\u003e1099-NEC, Nonemployee Compensation\u003c/a\u003e. These forms are used to report how much ordinary income you were paid for different types of work-type activities. The information forms can be used to help you prepare Schedule C, Profit or Loss from Business and Schedule SE, Self-Employment Tax.\u003c/p\u003e\n\u003cp\u003eWhen any of these 1099 forms are issued to you, they're also sent to the IRS so that they can match the information on the forms to what you report on your tax return.\u003c/p\u003e\n\u003cblockquote\u003e\n\u003ch4\u003e\u003cstrong\u003e\u003cem\u003eTurboTax Tip:\u003c/em\u003e\u003c/strong\u003e\u003c/h4\u003e\n\u003cp\u003e\u003cem\u003eCryptocurrency exchanges won't be required to start sending 1099-B forms until tax year 2023. If you don’t receive a Form 1099-B from your crypto exchange, you must still report all crypto sales or exchanges on your taxes.\u003c/em\u003e\u003c/p\u003e\n\u003c/blockquote\u003e\n\u003ch3 id=\"GoTo-Does-Coinbase-report-to-the-IRS-\" style=\"scroll-margin-top: 0px;\"\u003eDoes Coinbase report to the IRS?\u003c/h3\u003e\n\u003cp\u003eCoinbase was the subject of a \u003ca href=\"https://www.justice.gov/opa/pr/court-authorizes-service-john-doe-summons-seeking-identities-us-taxpayers-who-have-used\"\u003eJohn Doe Summons\u003c/a\u003e in 2016 that required it to provide transaction information to the IRS for its customers. As a result, the company handed over information for over 8 million transactions conducted by its customers.\u003c/p\u003e\n\u003cp\u003eToday, the company only issues Forms 1099-MISC if it pays out rewards or bonuses to you for taking specific actions on the platform. Further, you may need to exceed the $600 minimum payment threshold for the company to issue both you and the IRS a Form 1099-MISC documenting their payments to you.\u003c/p\u003e\n\u003cp\u003eHowever, starting in tax year 2023, the \u003ca href=\"https://blog.turbotax.intuit.com/tax-news/the-infrastructure-bill-was-signed-into-law-what-does-it-mean-for-you-and-your-taxes-50408/\"\u003eAmerican Infrastructure Bill of 2021\u003c/a\u003e requires crypto exchanges to send 1099-B forms reporting all transaction activity.\u003c/p\u003e\n\u003cp\u003eEven though Coinbase doesn’t supply this information through direct reporting to the IRS, you still must report this activity on your tax return as it is taxable income. You can access account information through the platform to calculate any applicable capital gains or losses and the resulting taxes you must pay on your tax return.\u003c/p\u003e\n\u003ch3 id=\"GoTo-TurboTax-has-you-covered\" style=\"scroll-margin-top: 0px;\"\u003eTurboTax has you covered\u003c/h3\u003e\n\u003cp\u003e\u003ca href=\"https://turbotax.intuit.com/personal-taxes/online/\"\u003eTurboTax Online\u003c/a\u003e is now the authority in \u003ca href=\"https://turbotax.intuit.com/personal-taxes/crypto-taxes/\"\u003ecrypto taxes\u003c/a\u003e with the most comprehensive import coverage, including the top 15 exchanges. Whether you are investing in crypto through Coinbase, Robinhood, or other exchanges TurboTax Online can \u003ca href=\"https://ttlc.intuit.com/community/cryptocurrency/help/how-do-i-import-my-cryptocurrency-transactions-into-turbotax/00/2401540\"\u003eseamlessly help you import\u003c/a\u003e and understand crypto taxes just like other investments.\u003c/p\u003e\n\u003cp\u003eLet a local tax expert matched to your unique situation get your taxes done 100% right with \u003ca href=\"https://turbotax.intuit.com/personal-taxes/online/live/full-service/\"\u003eTurboTax Live Full Service\u003c/a\u003e. Your expert will uncover industry-specific deductions for more tax breaks and file your taxes for you. Backed by our \u003ca href=\"https://turbotax.intuit.com/corp/guarantees/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eFull Service Guarantee\u003c/a\u003e. \u003cbr\u003e\u003cbr\u003eYou can also file taxes on your own with \u003ca href=\"https://turbotax.intuit.com/personal-taxes/online/premium/\"\u003eTurboTax Premium\u003c/a\u003e. We’ll search over 500 deductions and credits so you don’t miss a thing.\u003c/p\u003e","tracking":{}}}]},{"blockName":"gwp-cg-components/codeblock","props":{"attributes":"","htmlContent":"","tracking":{}}}]}]}]},{"blockName":"gwp-components/grid-item","props":{"desktopOrder":"'0'","authoring":"","cssClasses":"col-span-12 md:col-span-4","desktopHorizontalAlignment":"default","breakpointAttributes":[{"columnSpan":1,"breakpointSize":"xs"},{"columnSpan":4,"breakpointSize":"sm"}],"attributes":"","mobileHorizontalAlignment":"default","mobileVerticalAlignment":"default","desktopVerticalAlignment":"default","tracking":{}},"innerBlocks":[{"blockName":"helix-common/section","props":{"tracking":{}},"innerBlocks":[{"blockName":"gwp-components/reusable-block","props":{"CMS-ENTITY-TYPE":"content","contentPath":"Content/Intuit/All/All/Fragment/Component/c9O0vukta/US/en_US","externalContentIdentifier":"c9O0vukta","id":"0d8fcbd4-1959-4605-bdc8-f1fedb8b04fa","version":"LATEST","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/reusable-block","props":{"CMS-ENTITY-TYPE":"content","contentPath":"Content/Intuit/All/All/Fragment/Component/c1e6TCuvO/GLOBAL/GLOBAL","externalContentIdentifier":"c1e6TCuvO","id":"809129f4-11ab-4558-9273-cbbf9914baf7","version":"LATEST","tracking":{},"attributes":{"data-cas-id":"c9O0vukta"}},"innerBlocks":[{"blockName":"gwp-components/container","props":{"as":"div","margin":"gutter","authoring":"","cssClasses":"","attributes":{"data-cas-id":"c9O0vukta|c1e6TCuvO"},"alignment":"none","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/reusable-block","props":{"CMS-ENTITY-TYPE":"content","contentPath":"Content/Intuit/All/All/Fragment/Component/c7HEJnPSZ/GLOBAL/GLOBAL","externalContentIdentifier":"c7HEJnPSZ","id":"380d5362-f4ba-4e57-9777-48c9f7f08475","version":"LATEST","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/container","props":{"as":"div","margin":"gutter","authoring":"","cssClasses":"shadow-01 bg-white border p-12 border-pepper0","attributes":{"data-amp-ignore":"true","data-cas-id":"c7HEJnPSZ"},"alignment":"none","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/reusable-block","props":{"CMS-ENTITY-TYPE":"content","contentPath":"Content/Intuit/All/All/Fragment/Component/c9M4ZOLtr/GLOBAL/GLOBAL","externalContentIdentifier":"c9M4ZOLtr","id":"d50c2947-8210-47ab-b011-8a40bcaf22c8","version":"LATEST","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/authentication","props":{"layout":"vertical","showLearnMoreLink":false,"authoring":"","assetAlias":"Intuit.cg.ttcom","attributes":{"data-cas-id":"c9M4ZOLtr"},"group":"TurboTax","tracking":{}}}]}]}]}]}]},{"blockName":"gwp-components/container","props":{"as":"div","margin":"gutter","authoring":"","cssClasses":"","attributes":{"data-cas-id":"c9O0vukta"},"alignment":"none","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/reusable-block","props":{"CMS-ENTITY-TYPE":"content","contentPath":"Content/Intuit/All/All/Fragment/Component/c7mhHgUR9/GLOBAL/GLOBAL","externalContentIdentifier":"c7mhHgUR9","id":"377f9511-81bb-40e4-83e2-7983d4e91981","version":"LATEST","tracking":{}},"innerBlocks":[{"blockName":"gwp-cg-components/pod","props":{"border":"none","alignContent":"center","backgroundColor":"blueberry0","borderColor":"","topPadding":"'default (side/top padding)'","borderRadius":"md","borderWidth":"sm","shadows":"none","bottomPadding":"'default (side/bottom padding)'","attributes":{"newKey-1":"New Value","data-legacy-sku":"6128","data-cas-id":"c7mhHgUR9"},"tracking":{}},"innerBlocks":[{"blockName":"gwp-components/container","props":{"as":"div","margin":"none","authoring":"","cssClasses":"","alignment":"center","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/text","props":{"typeramp":"headline05","as":"h2","authoring":"","cssClasses":"","attributes":"","text":"Investment and Self-employment taxes done right","fontWeight":"bold","fontColor":"","tracking":{}}},{"blockName":"gwp-components/rich-text","props":{"typeramp":"body02","authoring":"","cssClasses":"mt-32","attributes":"","fontColor":"","htmlContent":"\u003cp\u003eA local specialized expert matched to your unique situation will get your taxes done 100% right, \u003ca class=\"link-demi-underline\" href=\"#modals/guarantees-en\"\u003eguaranteed\u003c/a\u003e with \u003cstrong\u003eTurboTax Live Full Service\u003c/strong\u003e. 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Play","height":44,"tracking":{}}}]}]}]}]}]}]}]},{"blockName":"gwp-components/reusable-block","props":{"CMS-ENTITY-TYPE":"content","contentPath":"Content/Intuit/All/All/Fragment/Component/c9H7PwQUw/US/en_US","externalContentIdentifier":"c9H7PwQUw","id":"94078917-a0cf-498f-9f59-77251fe37e19","version":"LATEST","tracking":{},"attributes":{"data-cas-id":"c05WaCU6W"}},"innerBlocks":[{"blockName":"gwp-components/container","props":{"as":"div","margin":"none","authoring":"","cssClasses":"mt-60","attributes":{"data-cas-id":"c05WaCU6W|c9H7PwQUw"},"alignment":"none","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/reusable-block","props":{"CMS-ENTITY-TYPE":"content","contentPath":"Content/Intuit/All/All/Fragment/Component/c8nxKEflq/GLOBAL/GLOBAL","externalContentIdentifier":"c8nxKEflq","id":"f81ae41f-5f5d-46ec-8e87-ca24b2c2daa9","version":"LATEST","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/container","props":{"as":"div","margin":"none","authoring":"","cssClasses":"fixed-width gutters body03","attributes":{"data-cas-id":"c8nxKEflq"},"alignment":"none","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/text","props":{"typeramp":"text-size-inherit","as":"h4","authoring":"","cssClasses":"font-demi","attributes":"","text":"TurboTax Online: Important Details about Filing Simple Form 1040 Returns","fontWeight":"text-weight-inherit","fontColor":"","tracking":{}}},{"blockName":"gwp-components/reusable-block","props":{"CMS-ENTITY-TYPE":"content","contentPath":"Content/Intuit/All/All/Fragment/Component/c2ZT5yrIn/GLOBAL/GLOBAL","externalContentIdentifier":"c2ZT5yrIn","id":"4058d63d-b93f-4ff7-8514-c6f2c6968a5b","version":"LATEST","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/rich-text","props":{"typeramp":"text-size-inherit","authoring":"","cssClasses":"","attributes":{"data-cas-id":"c2ZT5yrIn"},"fontColor":"","htmlContent":"\u003cp\u003eIf you have a simple Form 1040 return only (no forms or schedules except as needed to claim the Earned Income Tax Credit, Child Tax Credit or student loan interest), you can file for free yourself with TurboTax Free Edition, or you can file with TurboTax Live Assisted Basic at the listed price. Roughly 37% of taxpayers are eligible.\u003cbr\u003e\u003cbr\u003e\u003c/p\u003e","tracking":{}}}]},{"blockName":"gwp-components/reusable-block","props":{"CMS-ENTITY-TYPE":"content","contentPath":"Content/Intuit/All/All/Fragment/Component/c87kAlqrS/GLOBAL/GLOBAL","externalContentIdentifier":"c87kAlqrS","id":"607ac320-756c-4ebb-9e27-d3aa1b215be5","version":"LATEST","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/rich-text","props":{"typeramp":"text-size-inherit","authoring":"","cssClasses":"mb-16","attributes":{"data-cas-id":"c87kAlqrS"},"fontColor":"","htmlContent":"\u003cp class=\"font-demi body03\"\u003eExamples of situations included in a simple Form 1040 return (assuming no added tax complexity):\u003c/p\u003e\n\u003cul class=\"body03\"\u003e\n\u003cli\u003eW-2 income\u003c/li\u003e\n\u003cli\u003eInterest, dividends or original issue discounts (1099-INT/1099-DIV/1099-OID) that don’t require filing a Schedule B\u003c/li\u003e\n\u003cli\u003eIRS standard deduction\u003c/li\u003e\n\u003cli\u003eEarned Income Tax Credit (EITC)\u003c/li\u003e\n\u003cli\u003eChild Tax Credit (CTC)\u003c/li\u003e\n\u003cli\u003eStudent loan interest deduction\u003c/li\u003e\n\u003cli\u003eTaxable qualified retirement plan distributions\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp class=\"font-demi body03\"\u003eExamples of situations not included in a simple Form 1040 return:\u003c/p\u003e\n\u003cul class=\"body03\"\u003e\n\u003cli\u003eItemized deductions claimed on Schedule A, like charitable contributions, medical expenses, mortgage interest and state and local tax deductions\u003c/li\u003e\n\u003cli\u003eUnemployment income reported on a 1099-G\u003c/li\u003e\n\u003cli\u003eBusiness or 1099-NEC income (often reported by those who are self-employed, gig workers or freelancers)\u003c/li\u003e\n\u003cli\u003eStock sales (including crypto investments)\u003c/li\u003e\n\u003cli\u003eIncome from rental property or property sales\u003c/li\u003e\n\u003cli\u003eCredits, deductions and income reported on other forms or schedules \u003c/li\u003e\n\u003c/ul\u003e","tracking":{}}}]},{"blockName":"gwp-components/expandable","props":{"breakpointToDisableInteraction":"","authoring":"","cssClasses":"mt-60 gutters fixed-width body04","chevronLocation":"split","tabIndex":"","label":"* More important offer details and disclosures","labelCssClasses":"body03 font-demi mb-20","labelAs":"h6","childrenCssClasses":"","labelTrackingAttributes":{"data-ui-access-point":"","data-wa-link":"","data-ui-object-detail":"","data-object":"","data-ui-object":"","data-sku":"","data-action":"","data-ui-action":"","data-tracking":""},"tracking":{}},"innerBlocks":[{"blockName":"gwp-components/reusable-block","props":{"CMS-ENTITY-TYPE":"content","contentPath":"Content/Intuit/All/All/Fragment/Component/c2fyv9tDq/GLOBAL/GLOBAL","externalContentIdentifier":"c2fyv9tDq","id":"15d3466d-c0fb-4643-a8b7-175290dc26f9","version":"LATEST","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/container","props":{"as":"div","margin":"none","authoring":"","cssClasses":"","attributes":{"data-cas-id":"c2fyv9tDq"},"alignment":"left","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/rich-text","props":{"typeramp":"text-size-inherit","authoring":"","cssClasses":"body04","attributes":"","fontColor":"","htmlContent":"\u003ch3 class=\"body02 font-demi\"\u003eTURBOTAX ONLINE GUARANTEES\u003c/h3\u003e\n\u003cp\u003eTurboTax Individual Returns:\u003c/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003e100% Accurate Calculations Guarantee – Individual Returns:\u003c/span\u003e If you pay an IRS or state penalty or interest because of a TurboTax calculation error, we'll pay you the penalty and interest. Excludes payment plans. This guarantee is good for the lifetime of your personal, individual tax return, which Intuit defines as seven years from the date you filed it with TurboTax. Excludes TurboTax Business returns. Additional terms and limitations apply. See \u003ca href=\"https://turbotax.intuit.com/corp/license/online/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTerms of Service\u003c/a\u003e for details.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eMaximum Refund Guarantee / Maximum Tax Savings Guarantee - or Your Money Back – Individual Returns:\u003c/span\u003e If you get a larger refund or smaller tax due from another tax preparation method by filing an amended return, we'll refund the applicable TurboTax federal and/or state purchase price paid. (TurboTax Free Edition customers are entitled to payment of $30.) This guarantee is good for the lifetime of your personal, individual tax return, which Intuit defines as seven years from the date you filed it with TurboTax. Excludes TurboTax Business returns. Additional terms and limitations apply. See \u003ca href=\"https://turbotax.intuit.com/corp/license/online/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTerms of Service\u003c/a\u003e for details.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eAudit Support Guarantee – Individual Returns: \u003c/span\u003eIf you receive an audit letter from the IRS or State Department of Revenue based on your 2023 TurboTax individual tax return, we will provide one-on-one question-and-answer support with a tax professional, if requested through our \u003ca rel=\"noreferrer noopener\" href=\"https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/turbotax-audit-support-guarantee/L06x5FWbz_US_en_US\" target=\"_blank\"\u003eAudit Support Center\u003c/a\u003e, for audited individual returns filed with TurboTax for the current 2023 tax year and for individual, non-business returns for the past two tax years (2022, 2021). Audit support is informational only. We will not represent you before the IRS or state tax authority or provide legal advice. If we are not able to connect you to one of our tax professionals, we will refund the applicable TurboTax federal and/or state purchase price paid. (TurboTax Free Edition customers are entitled to payment of $30.) This guarantee is good for the lifetime of your personal, individual tax return, which Intuit defines as seven years from the date you filed it with TurboTax. Excludes TurboTax Business returns. Additional terms and limitations apply. See \u003ca href=\"https://turbotax.intuit.com/corp/license/online/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTerms of Service\u003c/a\u003e for details.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eSatisfaction Guaranteed: \u003c/span\u003eYou may use TurboTax Online without charge up to the point you decide to print or electronically file your tax return. Printing or electronically filing your return reflects your satisfaction with TurboTax Online, at which time you will be required to pay or register for the product.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003eOur \u003cspan class=\"font-demi\"\u003eTurboTax Live Full Service Guarantee\u003c/span\u003e means your tax expert will find every dollar you deserve. Your expert will only sign and file your return if they believe it's 100% correct and you are getting your best outcome possible. If you get a larger refund or smaller tax due from another tax preparer, we'll refund the applicable TurboTax Live Full Service federal and/or state purchase price paid. If you pay an IRS or state penalty (or interest) because of an error that a TurboTax tax expert or CPA made while acting as a signed preparer for your return, we'll pay you the penalty and interest. Limitations apply. See \u003ca href=\"https://turbotax.intuit.com/corp/license/online/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTerms of Service\u003c/a\u003e for details.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003e100% Accurate Expert-Approved Guarantee:\u003c/span\u003e If you pay an IRS or state penalty (or interest) because of an error that a TurboTax tax expert or CPA made while providing topic-specific tax advice, a section review, or acting as a signed preparer for your return, we'll pay you the penalty and interest. Limitations apply. See \u003ca href=\"https://turbotax.intuit.com/corp/license/online/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTerms of Service\u003c/a\u003e for details.\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003eTurboTax Business Returns:\u003c/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003e100% Accurate Calculations Guarantee – Business Returns. \u003c/span\u003eIf you pay an IRS or state penalty or interest because of a TurboTax calculation error, we'll pay you the penalty and interest. Excludes payment plans. You are responsible for paying any additional tax liability you may owe. Additional terms and limitations apply. See \u003ca href=\"https://turbotax.intuit.com/corp/license/online/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTerms of Service\u003c/a\u003e for details.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eTurboTax Audit Support Guarantee – Business Returns.\u003c/span\u003e If you receive an audit letter from the IRS or State Department of Revenue on your 2023 TurboTax business return, we will provide one-on-one question-and-answer support with a tax professional, if requested through our \u003ca rel=\"noreferrer noopener\" href=\"https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/turbotax-audit-support-guarantee/L06x5FWbz_US_en_US\" target=\"_blank\"\u003eAudit Support Center\u003c/a\u003e, for audited business returns filed with TurboTax for the current 2023 tax year. Audit support is informational only. We will not represent you before the IRS or state tax authority or provide legal advice. If we are not able to connect you to one of our tax professionals for this question-and-answer support, we will refund the applicable TurboTax Live Business or TurboTax Live Full Service Business federal and/or state purchase price paid. Additional terms and limitations apply. See \u003ca href=\"https://turbotax.intuit.com/corp/license/online/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTerms of Service\u003c/a\u003e for details.\u003c/li\u003e\n\u003c/ul\u003e\n\u003ch3 class=\"body02 font-demi pt-12\"\u003eTURBOTAX ONLINE/MOBILE PRICING\u003c/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eStart for Free/Pay When You File:\u003c/span\u003e TurboTax online and mobile pricing is based on your tax situation and varies by product. For most paid TurboTax online and mobile offerings, you may start using the tax preparation features without paying upfront, and pay only when you are ready to file or purchase add-on products or services. Actual prices for paid versions are determined based on the version you use and the time of print or e-file and are subject to change without notice. Special discount offers may not be valid for mobile in-app purchases. \u003cspan class=\"font-demi\"\u003eStrikethrough prices reflect anticipated final prices for tax year 2023.\u003c/span\u003e\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eTurboTax Free Edition:\u003c/span\u003e \u003cspan style=\"font-weight: 400;\"\u003eTurboTax Free Edition ($0 Federal + $0 State + $0 To File) is available for those filing Simple Form 1040\u003c/span\u003e\u003cspan style=\"font-weight: 400;\"\u003e returns only (no forms or schedules except for the Earned Income Tax Credit, Child Tax Credit and student loan interest), as detailed in the TurboTax Free Edition disclosures. Roughly 37% of taxpayers qualify. Offer may change or end at any time without notice.\u003c/span\u003e\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eTurboTax Live Assisted Basic Offer:\u003c/span\u003e Offer only available with TurboTax Live Assisted Basic and for those filing Form 1040 and limited credits only. Roughly 37% of taxpayers qualify. Must file between November 29, 2023 and March 31, 2024 to be eligible for the offer. Includes state(s) and one (1) federal tax filing. Intuit reserves the right to modify or terminate this TurboTax Live Assisted Basic Offer at any time for any reason in its sole and absolute discretion. If you add services, your service fees will be adjusted accordingly. If you file after 11:59pm EST, March 31, 2024, you will be charged the then-current list price for TurboTax Live Assisted Basic and state tax filing is an additional fee. \u003ca href=\"https://turbotax.intuit.com/personal-taxes/online/live/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eSee current prices here.\u003c/a\u003e\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eFull Service $100 Back Offer:\u003c/span\u003e Credit applies only to federal filing fees for TurboTax Full Service and not returns filed using other TurboTax products or returns filed by Intuit TurboTax Verified Pros. Excludes TurboTax Live Full Service Business \u003cspan style=\"font-weight: 400;\"\u003eand TurboTax Canada products\u003c/span\u003e. Credit does not apply to state tax filing fees or other additional services. If federal filing fees are less than $100, the remaining credit will be provided via electronic gift card. Intuit reserves the right to modify or terminate this offer at any time for any reason in its sole discretion. \u003cspan style=\"font-weight: 400;\"\u003eMust file by April 15, 2024 11:59 PM ET.\u003c/span\u003e\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eTurboTax Full Service - Forms-Based Pricing:\u003c/span\u003e “Starting at” pricing represents the base price for one federal return (includes one W-2 and one Form 1040). Final price may vary based on your actual tax situation and forms used or included with your return. Price estimates are provided prior to a tax expert starting work on your taxes. Estimates are based on initial information you provide about your tax situation, including forms you upload to assist your expert in preparing your tax return and forms or schedules we think you’ll need to file based on what you tell us about your tax situation. Final price is determined at the time of print or electronic filing and may vary based on your actual tax situation, forms used to prepare your return, and forms or schedules included in your individual return. Prices are subject to change without notice and may impact your final price. If you decide to leave Full Service and work with an independent Intuit TurboTax Verified Pro, your Pro will provide information about their individual pricing and a separate estimate when you connect with them.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003ePays for itself (TurboTax Premium, formerly Self-Employed): \u003c/span\u003eEstimates based on deductible business expenses calculated at the self-employment tax income rate (15.3%) for tax year 2022. Actual results will vary based on your tax situation.\u003c/li\u003e\n\u003c/ul\u003e\n\u003ch3 class=\"body02 font-demi pt-12\"\u003eTURBOTAX ONLINE/MOBILE\u003c/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eAnytime, anywhere:\u003c/span\u003e Internet access required; standard data rates apply to download and use mobile app.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eFastest refund possible:\u003c/span\u003e Fastest tax refund with e-file and direct deposit; tax refund time frames will vary. The IRS issues more than 9 out of 10 refunds in less than 21 days.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eGet your tax refund up to 5 days early:\u003c/span\u003e Individual taxes only. When it’s time to file, have your tax refund direct deposited with Credit Karma Money™, and you could receive your funds up to 5 days early. If you choose to pay your tax preparation fee with TurboTax using your federal tax refund or if you choose to take the Refund Advance loan, you will not be eligible to receive your refund up to 5 days early. 5-day early program may change or discontinue at any time. Up to 5 days early access to your federal tax refund is compared to standard tax refund electronic deposit and is dependent on and subject to IRS submitting refund information to the bank before release date. IRS may not submit refund information early.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eFor Credit Karma Money (checking account):\u003c/span\u003e Banking services provided by MVB Bank, Inc., Member FDIC. Maximum balance and transfer limits apply per account.\u003c/li\u003e\n\u003c/ul\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eFees:\u003c/span\u003e Third-party fees may apply. Please see Credit Karma Money Account Terms \u0026 Disclosures for more information.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003ePay for TurboTax out of your federal refund or state refund (if applicable):\u003c/span\u003e Individual taxes only. Subject to eligibility requirements. Additional terms apply. A $40 Refund Processing Service fee may apply to this payment method. Prices are subject to change without notice. \u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eTurboTax Help and Support:\u003c/span\u003e Access to a TurboTax product specialist is included with TurboTax Deluxe, Premium, TurboTax Live Assisted and TurboTax Live Full Service; not included with Free Edition (but is available as an upgrade). TurboTax specialists are available to provide general customer help and support using the TurboTax product. Services, areas of expertise, experience levels, wait times, hours of operation and availability vary, and are subject to restriction and change without notice. Limitations apply See \u003ca href=\"https://turbotax.intuit.com/corp/license/online/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTerms of Service\u003c/a\u003e\u003ca style=\"font-size: revert; background-color: #ffffff; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\" href=\"https://turbotax.intuit.com/corp/license/online\" target=\"_blank\" rel=\"noopener\"\u003e \u003c/a\u003e\u003cspan style=\"font-size: revert; color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\"\u003efor details.\u003c/span\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eTax Advice, Expert Review and TurboTax Live:\u003c/span\u003e Access to tax advice and Expert Review (the ability to have a Tax Expert review and/or sign your tax return) is included with TurboTax Live Assisted or as an upgrade from another version, and available through December 31, 2024. Intuit will assign you a tax expert based on availability. Tax expert and CPA availability may be limited. Some tax topics or situations may not be included as part of this service, which shall be determined in the tax expert’s sole discretion. \u003cspan class=\"font-demi\"\u003eFor the TurboTax Live Assisted product,\u003c/span\u003e if your return requires a significant level of tax advice or actual preparation, the tax expert may be required to sign as the preparer at which point they will assume primary responsibility for the preparation of your return. \u003cspan class=\"font-demi\"\u003eFor the TurboTax Live Full Service product:\u003c/span\u003e Handoff tax preparation by uploading your tax documents, getting matched with an expert, and meeting with an expert in real time. The tax expert will sign your return as a preparer. The ability to retain the same expert preparer in subsequent years will be based on an expert’s choice to continue employment with Intuit. Administrative services may be provided by assistants to the tax expert. On-screen help is available on a desktop, laptop or the TurboTax mobile app. Unlimited access to TurboTax Live tax experts refers to an unlimited quantity of contacts available to each customer, but does not refer to hours of operation or service coverage. Service, area of expertise, experience levels, wait times, hours of operation and availability vary, and are subject to restriction and change without notice.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eTurboTax Live Full Service – Qualification for Offer:\u003c/span\u003e Depending on your tax situation, you may be asked to answer additional questions to determine your qualification for the Full Service offer. Certain complicated tax situations will require an additional fee, and some will not qualify for the Full Service offering. These situations may include but are not limited to multiple sources of business income, large amounts of cryptocurrency transactions, taxable foreign assets and/or significant foreign investment income. Offer details subject to change at any time without notice. Intuit, in its sole discretion and at any time, may determine that certain tax topics, forms and/or situations are not included as part of TurboTax Live Full Service. Intuit reserves the right to refuse to prepare a tax return for any reason in its sole discretion. Additional limitations apply. See \u003ca href=\"https://turbotax.intuit.com/corp/license/online/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTerms of Service\u003c/a\u003e for details.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eTurboTax Live Full Service - File your taxes as soon as today:\u003c/span\u003e TurboTax Full Service Experts are available to prepare 2023 tax returns starting January 8, 2024. Based on completion time for the majority of customers and may vary based on expert availability. The tax preparation assistant will validate the customer’s tax situation during the welcome call and review uploaded documents to assess readiness. All tax forms and documents must be ready and uploaded by the customer for the tax preparation assistant to refer the customer to an available expert for live tax preparation. \u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eTurboTax Live Full Service -- Verified Pro -- “Local” and “In-Person”:\u003c/span\u003e Not all feature combinations are available for all locations. \"Local\" experts are defined as being located within the same state as the consumer’s zip code for virtual meetings. \"Local\" Pros for the purpose of in-person meetings are defined as being located within 50 miles of the consumer's zip code. In-person meetings with local Pros are available on a limited basis in some locations, but not available in all States or locations. Not all pros provide in-person services. \u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eSmart Insights:\u003c/span\u003e Individual taxes only. Included with TurboTax Deluxe, Premium, TurboTax Live, TurboTax Live Full Service, or with PLUS benefits, and is available through 11/1/2024. Terms and conditions may vary and are subject to change without notice.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eMy Docs features:\u003c/span\u003e Included with TurboTax Deluxe, Premium TurboTax Live, TurboTax Live Full Service, or with PLUS benefits and is available through \u003cspan style=\"font-weight: 400;\"\u003e12/31/2025\u003c/span\u003e. Terms and conditions may vary and are subject to change without notice.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eTax Return Access:\u003c/span\u003e Included with all TurboTax Free Edition, Deluxe, Premium, TurboTax Live, TurboTax Live Full Service customers and access to up to the prior seven years of tax returns we have on file for you is available through \u003cspan style=\"font-weight: 400;\"\u003e12/31/2025\u003c/span\u003e. Terms and conditions may vary and are subject to change without notice.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eEasy Online Amend:\u003c/span\u003e Individual taxes only. Included with TurboTax Deluxe, Premium, TurboTax Live, TurboTax Live Full Service, or with PLUS benefits. Make changes to your 2023 tax return online for up to 3 years after it has been filed and accepted by the IRS through 10/31/2026. Terms and conditions may vary and are subject to change without notice. For TurboTax Live Full Service, your tax expert will amend your 2023 tax return for you through 11/15/2024. After 11/15/2024, TurboTax Live Full Service customers will be able to amend their 2023 tax return themselves using the Easy Online Amend process described above.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003e#1 best-selling tax software:\u003c/span\u003e Based on aggregated sales data for all tax year 2022 TurboTax products.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003e#1 online tax filing solution for self-employed:\u003c/span\u003e Based upon IRS Sole Proprietor data as of 2023, tax year 2022. Self-Employed defined as a return with a Schedule C tax form. Online competitor data is extrapolated from press releases and SEC filings. “Online” is defined as an individual income tax DIY return (non-preparer signed) that was prepared online \u0026 either e-filed or printed, not including returns prepared through desktop software or FFA prepared returns, 2022.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eCompleteCheck:\u003c/span\u003e Covered under the TurboTax accurate calculations and maximum refund \u003ca href=\"https://turbotax.intuit.com/corp/guarantees/\" target=\"_blank\" rel=\"noopener\" data-toggle=\"modal\"\u003eguarantees\u003c/a\u003e. Limitations apply. See \u003ca href=\"https://turbotax.intuit.com/corp/license/online/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTerms of Service\u003c/a\u003e\u003ca href=\"https://turbotax.intuit.com/corp/license/online\" target=\"_blank\" rel=\"noopener\"\u003e \u003c/a\u003efor details.\u003c/li\u003e\n\u003c/ul\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eTurboTax Premium Pricing Comparison:\u003c/span\u003e Cost savings based on a comparison of TurboTax product prices to average prices set forth in the 2020-2021 NSA Fees-Acct-Tax Practices Survey Report.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003e1099-K Snap and Autofill:\u003c/span\u003e Available in mobile app and mobile web only.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003e1099-NEC Snap and Autofill:\u003c/span\u003e Available in TurboTax Premium (formerly Self-Employed) and TurboTax Live Assisted Premium (formerly Self-Employed). Available in mobile app only. Feature available within Schedule C tax form for TurboTax filers with 1099-NEC income.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eYear-Round Tax Estimator:\u003c/span\u003e Available in TurboTax Premium (formerly Self-Employed) and TurboTax Live Assisted Premium (formerly Self-Employed). This product feature is only available after you finish and file in a self-employed TurboTax product.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003e**Refer a Friend:\u003c/span\u003e Rewards good for up to 20 friends, or $500 - see \u003ca href=\"https://turbotax.intuit.com/referral/terms/\" target=\"_blank\" rel=\"noopener\"\u003eofficial terms and conditions\u003c/a\u003e for more details.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eRefer your Expert (Intuit’s own experts):\u003c/span\u003e Rewards good for up to 20 referrals, or $500 - see \u003ca href=\"https://turbotax.intuit.com/referralexpert/terms/\" target=\"_blank\" rel=\"noopener\"\u003eofficial terms and conditions\u003c/a\u003e for more details. \u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eRefer your Expert (TurboTax Verified Independent Pro):\u003c/span\u003e Rewards good for up to 20 referrals, or $500 - see \u003ca href=\"https://turbotax.intuit.com/referralexpert/terms/\" target=\"_blank\" rel=\"noopener\"\u003eofficial terms and conditions\u003c/a\u003e for more details.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eAverage Refund Amount:\u003c/span\u003e Sum of $3140 is the average refund American taxpayers received based upon IRS data date ending 2/17/23 and may not reflect actual refund amount received.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eAverage Deduction Amount: \u003c/span\u003eBased on the average amount of deductions/expenses found by TurboTax Self Employed customers who filed expenses on Schedule C in Tax Year 2022 and may not reflect actual deductions found. \u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eMore self-employed deductions\u003c/span\u003e based on the median amount of expenses found by TurboTax Premium (formerly Self Employed) customers who synced accounts, imported and categorized transactions compared to manual entry. Individual results may vary.\u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eTurboTax Online Business Products:\u003c/span\u003e For TurboTax Live Assisted Business and TurboTax Full Service Business, we currently don’t support the following tax situations: C-Corps (Form 1120-C), Trust/Estates (Form 1041), Multiple state filings, Tax Exempt Entities/Non-Profits, Entities electing to be treated as a C-Corp, Schedule C Sole proprietorship, Payroll, Sales tax, Quarterly filings, and Foreign Income. \u003cspan class=\"font-demi\"\u003eTurboTax Live Assisted Business is currently available only in AK, AZ, CA, CO, CT, DE, FL, GA, IL, KS, MA, MD, ME, MI, MN, MO, NC, NJ, NV, NY, OH, PA, RI, SD, TN, TX, UT, VA, WA, WV and WY.\u003c/span\u003e \u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eAudit Defense: \u003c/span\u003eAudit Defense is a third-party add-on service provided, for a fee, by TaxResources, Inc., dba Tax Audit. See Membership Agreements at \u003ca href=\"https://turbotax.intuit.com/corp/softwarelicense/\" target=\"_blank\" rel=\"noopener\"\u003ehttps://turbotax.intuit.com/corp/softwarelicense/\u003c/a\u003e for service terms and conditions. \u003cbr\u003e\u003cbr\u003e\u003c/li\u003e\n\u003c/ul\u003e","tracking":{}}}]}]},{"blockName":"gwp-components/reusable-block","props":{"CMS-ENTITY-TYPE":"content","contentPath":"Content/Intuit/All/All/Fragment/Component/c4vsfupfG/GLOBAL/GLOBAL","externalContentIdentifier":"c4vsfupfG","id":"17e1dab6-c9cf-4643-b26c-6b3227035884","version":"LATEST","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/rich-text","props":{"typeramp":"body04","authoring":"","cssClasses":"","attributes":{"data-cas-id":"c4vsfupfG"},"fontColor":"","htmlContent":"\u003ch3 class=\"body02 font-demi\"\u003eTURBOTAX DESKTOP GUARANTEES\u003c/h3\u003e\n\u003cp\u003eTurboTax Desktop Individual Returns:\u003c/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003e100% Accurate Calculations Guarantee – Individual Returns:\u003c/span\u003e If you pay an IRS or state penalty or interest because of a TurboTax calculation error, we’ll pay you the penalty and interest. Excludes payment plans. This guarantee is good for the lifetime of your personal, individual tax return, which Intuit defines as seven years from the date you filed it with TurboTax Desktop. Excludes TurboTax Desktop Business returns. Additional terms and limitations apply. See \u003ca class=\"link-demi-underline\" href=\"/corp/license/desktop.jsp\"\u003eLicense Agreement\u003c/a\u003e for details.\u003cbr /\u003e\u003cbr /\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eMaximum Refund Guarantee / Maximum Tax Savings Guarantee - or Your Money Back – Individual Returns:\u003c/span\u003e If you get a larger refund or smaller tax due from another tax preparation method by filing an amended return, we'll refund the applicable TurboTax federal and/or state software license purchase price you paid. This guarantee is good for the lifetime of your personal, individual tax return, which Intuit defines as seven years from the date you filed it with TurboTax Desktop. Excludes TurboTax Desktop Business returns. Additional terms and limitations apply. See \u003ca class=\"link-demi-underline\" href=\"/corp/license/desktop.jsp\"\u003eLicense Agreement\u003c/a\u003e for details.\u003cbr /\u003e\u003cbr /\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eAudit Support Guarantee – Individual Returns:\u003c/span\u003e If you receive an audit letter from the IRS or State Department of Revenue based on your 2024 TurboTax individual tax return, we will provide one-on-one question-and-answer support with a tax professional, if requested through our \u003ca class=\"link-demi-underline\" href=\"https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/turbotax-audit-support-guarantee/L06x5FWbz_US_en_US\"\u003eAudit Support Center\u003c/a\u003e, for audited individual returns filed with TurboTax Desktop for the current 2024 tax year and, for individual, non-business returns, for the past two tax years (2022, 2023). Audit support is informational only. We will not represent you before the IRS or state tax authority or provide legal advice. If we are not able to connect you to one of our tax professionals, we will refund the applicable TurboTax federal and/or state license purchase price you paid. This guarantee is good for the lifetime of your personal, individual tax return, which Intuit defines as seven years from the date you filed it with TurboTax Desktop. Excludes TurboTax Desktop Business returns. Additional terms and limitations apply. See \u003ca class=\"link-demi-underline\" href=\"/corp/license/desktop.jsp\"\u003eLicense Agreement\u003c/a\u003e for details.\u003cbr /\u003e\u003cbr /\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eSatisfaction Guarantee/ 60-Day Money Back Guarantee:\u003c/span\u003e If you're not completely satisfied with TurboTax Desktop software, go to \u003ca class=\"link-demi-underline\" href=\"http://refundrequest.intuit.com\"\u003erefundrequest.intuit.com\u003c/a\u003e within 60 days of purchase and follow the process listed to submit a refund request. You must return this product using your license code or order number and dated receipt. Desktop add-on products and services purchased are non-refundable.\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003eTurboTax Desktop Business Returns:\u003c/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003e100% Accurate Calculations Guarantee – Business Returns:\u003c/span\u003e If you pay an IRS or state penalty or interest because of a TurboTax calculation error, we’ll pay you the penalty and interest. Excludes payment plans. You are responsible for paying any additional tax liability you may owe. Additional terms and limitations apply. See \u003ca class=\"link-demi-underline\" href=\"/corp/license/desktop.jsp\"\u003eLicense Agreement\u003c/a\u003e for details.\u003cbr /\u003e\u003cbr /\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eMaximum Tax Savings Guarantee - Business Returns:\u003c/span\u003e If you get a smaller tax due (or larger business tax refund) from another tax preparation method using the same data, TurboTax will refund the applicable TurboTax Business Desktop license purchase price you paid. Additional terms and limitations apply. See \u003ca class=\"link-demi-underline\" href=\"/corp/license/desktop.jsp\"\u003eLicense Agreement\u003c/a\u003e for details.\u003cbr /\u003e\u003cbr /\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eSatisfaction Guarantee/ 60-Day Money Back Guarantee:\u003c/span\u003e If you're not completely satisfied with TurboTax Desktop software, go to \u003ca class=\"link-demi-underline\" href=\"https://accounts.intuit.com/app/oirr\"\u003erefundrequest.intuit.com\u003c/a\u003e within 60 days of purchase and follow the process listed to submit a refund request. You must return this product using your license code or order number and dated receipt. Desktop add-on products and services purchased are non-refundable.\u003c/li\u003e\n\u003c/ul\u003e\n\u003ch3 class=\"body02 font-demi\"\u003eTURBOTAX DESKTOP DISCLAIMERS\u003c/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eInstallation Requirements: Product download, installation and activation requires an Intuit Account and internet connection. Product limited to one account per license code.\u003c/span\u003e You must accept the TurboTax \u003ca class=\"link-demi-underline\" href=\"/corp/license/desktop.jsp\"\u003eLicense Agreement\u003c/a\u003e to use this product. Not for use by paid preparers.\u003cbr /\u003e\u003cbr /\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eTurboTax Desktop Products:\u003c/span\u003e Price includes tax preparation and printing of federal tax returns and free federal e-file of up to 5 federal tax returns. Additional fees apply for e-filing state returns. E-file fees may not apply in certain states, \u003ca class=\"link-demi-underline\" href=\"/desktop-pricing/\"\u003echeck here for details\u003c/a\u003e. Savings and price comparison based on anticipated price increase. Software updates and optional online features require internet connection. Desktop add-on products and services purchased are non-refundable.\u003cbr /\u003e\u003cbr /\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eFastest Refund Possible:\u003c/span\u003e Get your tax refund from the IRS as fast as possible by e-filing and choosing to receive your refund by direct deposit. Tax refund time frames will vary. The IRS issues more than 9 out of 10 refunds in less than 21 days.\u003cbr /\u003e\u003cbr /\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eAverage Refund Amount:\u003c/span\u003e $3,207 is the average refund amount American taxpayers received in the 2024 filing season based upon IRS data as of February 16, 2024 and may not reflect actual refund amount received.\u003cbr /\u003e\u003cbr /\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eTurboTax Technical Support:\u003c/span\u003e Customer service and technical support hours and options vary by time of year.\u003cbr /\u003e\u003cbr /\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eDeduct From Your Federal Refund: Individual taxes only.\u003c/span\u003e Subject to eligibility requirements. Additional terms apply. A $40 Refund Processing Service fee applies to this payment. method. Prices are subject to change without notice.\u003cbr /\u003e\u003cbr /\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eData Import:\u003c/span\u003e Imports financial data from participating companies; Requires Intuit Account. Quicken and QuickBooks import not available with TurboTax installed on a Mac. Imports from Quicken (2022 and higher) and QuickBooks Desktop (2023 and higher); both Windows only. Quicken import not available for TurboTax Desktop Business. Quicken products provided by Quicken Inc., Quicken import subject to change.\u003cbr /\u003e\u003cbr /\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eLive Tax Advice:\u003c/span\u003e Access to tax experts to obtain answers to tax questions and to assist with tax year 2024 return(s) prepared with TurboTax Desktop software. Additional fees apply. Must be purchased and used by October 31, 2025. Excludes TurboTax Desktop Business. See \u003ca class=\"link-demi-underline\" href=\"/corp/license/desktop.jsp\"\u003eLicense Agreement\u003c/a\u003e for details.\u003cbr /\u003e\u003cbr /\u003e\u003c/li\u003e\n\u003cli\u003e\u003cspan class=\"font-demi\"\u003eAudit Defense:\u003c/span\u003e Audit Defense is a third-party add-on service provided, for a fee, by TaxResources, Inc., dba Tax Audit. See Membership Agreements at \u003ca class=\"link-demi-underline\" href=\"/corp/softwarelicense/\"\u003ehttps://turbotax.intuit.com/corp/softwarelicense/\u003c/a\u003efor service terms and conditions.\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003eAll features, services, support, prices, offers, terms and conditions are subject to change without notice.\u003c/p\u003e","tracking":{}}}]}]}]},{"blockName":"gwp-components/reusable-block","props":{"CMS-ENTITY-TYPE":"content","contentPath":"Content/Intuit/All/All/Fragment/Component/c34I3m6OR/GLOBAL/GLOBAL","externalContentIdentifier":"c34I3m6OR","id":"d4b4742a-aadd-4b4a-9845-e3d5a750d828","version":"LATEST","tracking":{},"attributes":{"data-cas-id":"c8nxKEflq"}},"innerBlocks":[{"blockName":"gwp-components/modal","props":{"showsCloseIcon":true,"scrollMaxHeight":"500px","authoring":"","heading":"","modalId":"simple-tax-returns-en","fullWidthVideoLayout":"","exitInterstitialOptions":"","scrollsWhenOverflow":true,"backdropStyle":"dark","subTitle":"","size":"large","headerBg":"","headerImageSrc":"","headerImageSize":"fullBleed","exitInterstitial":"No","headerImageAlt":"","attributes":{"data-cas-id":"c8nxKEflq|c34I3m6OR"},"open":false,"tracking":{}},"innerBlocks":[{"blockName":"gwp-components/reusable-block","props":{"CMS-ENTITY-TYPE":"content","contentPath":"Content/Intuit/All/All/Fragment/Component/c41oMFk5N/GLOBAL/GLOBAL","externalContentIdentifier":"c41oMFk5N","id":"d7db4995-3dab-423f-8f62-205fd3fa9772","version":"LATEST","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/container","props":{"as":"div","margin":"none","authoring":"","cssClasses":"body02 text-left","attributes":{"data-cas-id":"c41oMFk5N"},"alignment":"none","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/text","props":{"typeramp":"headline04","as":"h1","authoring":"","cssClasses":"text-center pb-16","attributes":"","text":"What qualifies as a Simple Form 1040 return?","fontWeight":"demi","fontColor":"","tracking":{}}},{"blockName":"gwp-components/reusable-block","props":{"CMS-ENTITY-TYPE":"content","contentPath":"Content/Intuit/All/All/Fragment/Component/c2ZT5yrIn/GLOBAL/GLOBAL","externalContentIdentifier":"c2ZT5yrIn","id":"4058d63d-b93f-4ff7-8514-c6f2c6968a5b","version":"LATEST","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/rich-text","props":{"typeramp":"text-size-inherit","authoring":"","cssClasses":"","attributes":{"data-cas-id":"c2ZT5yrIn"},"fontColor":"","htmlContent":"\u003cp\u003eIf you have a simple Form 1040 return only (no forms or schedules except as needed to claim the Earned Income Tax Credit, Child Tax Credit or student loan interest), you can file for free yourself with TurboTax Free Edition, or you can file with TurboTax Live Assisted Basic at the listed price. 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See \u003ca href=\"https://turbotax.intuit.com/corp/license/online/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTerms of Service\u003c/a\u003e for details.\u003c/p\u003e","tracking":{}}}]}]}]}]}]}]}]}]},{"blockName":"gwp-components/container","props":{"as":"div","margin":"none","authoring":"","cssClasses":"bg-pepper0 pt-12 mt-32","attributes":{"data-cas-id":"c05WaCU6W|c9H7PwQUw"},"alignment":"none","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/container","props":{"as":"div","margin":"none","authoring":"","cssClasses":"fixed-width 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pb-12 ","labelAs":"h4","childrenCssClasses":" pt-12","labelTrackingAttributes":{"data-ui-access-point":"","data-wa-link":"","data-ui-object-detail":"","data-object":"","data-ui-object":"","data-sku":"","data-action":"","data-ui-action":"","data-tracking":""},"tracking":{}},"innerBlocks":[{"blockName":"gwp-components/rich-text","props":{"typeramp":"text-size-inherit","authoring":"","cssClasses":"","attributes":{"role":"list"},"fontColor":"","htmlContent":"\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Compare TurboTax products\" href=\"/personal-taxes/compare/online/\"\u003eCompare TurboTax Tax Products\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"All online tax preparation software\" href=\"/personal-taxes/online/\"\u003eAll online tax preparation software\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"TurboTax online guarantees\" href=\"/corp/guarantees/\" target=\"_blank\" rel=\"noopener noreferrer\"\u003eTurboTax online guarantees\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"IRS Forms\" href=\"/personal-taxes/irs-forms/\" target=\"_blank\" rel=\"noopener noreferrer\"\u003eIRS Forms\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Self-employed tax center\" href=\"/personal-taxes/self-employment-taxes/\" target=\"_blank\" rel=\"noopener noreferrer\"\u003eSelf-employed tax center\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Tax Refund Advance\" href=\"/refund-advance/\" target=\"_blank\" rel=\"noopener noreferrer\"\u003eTax Refund Advance\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Crypto Taxes\" href=\"/personal-taxes/crypto-taxes/\"\u003eCrypto Taxes\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Credit Karma Money\" href=\"/credit-karma-money/\"\u003eCredit Karma Money\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"TurboTax Blog\" href=\"https://blog.turbotax.intuit.com/\"\u003eTurboTax Blog\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"TurboTax Canada\" href=\"https://turbotax.intuit.ca/tax/software\"\u003eTurboTax Canada\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Products for previous tax years\" href=\"/personal-taxes/past-years-products/\"\u003eProducts for previous tax years\u003c/a\u003e\u003c/p\u003e","tracking":{}}}]}]},{"blockName":"gwp-components/grid-item","props":{"desktopOrder":"'0'","authoring":"","cssClasses":"","desktopHorizontalAlignment":"default","breakpointAttributes":[{"breakpointSize":"xs"}],"attributes":"","mobileHorizontalAlignment":"default","mobileVerticalAlignment":"default","desktopVerticalAlignment":"default","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/expandable","props":{"breakpointToDisableInteraction":"sm","authoring":"","cssClasses":"","chevronLocation":"split","tabIndex":"","attributes":"","label":"Tax \u0026 Online Software Products ","labelCssClasses":"border-b border-pepper20 pb-12 ","labelAs":"h4","childrenCssClasses":" 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href=\"/personal-taxes/online/premium/\"\u003eTurboTax self-employed \u0026 investor taxes\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Free Military tax filing discount\" href=\"/personal-taxes/online/military-edition.jsp\"\u003eFree military tax filing discount\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"TurboTax Live tax expert products\" href=\"/personal-taxes/online/live/\"\u003eTurboTax Live tax expert products\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"TurboTax Live Premium\" href=\"/personal-taxes/online/live/premium/\"\u003eTurboTax Live Premium\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"TurboTax Live Full Service Pricing\" href=\"/personal-taxes/online/live/full-service-pricing/\"\u003eTurboTax Live Full Service Pricing\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"TurboTax Live Full Service Business Taxes\" href=\"/personal-taxes/online/live/full-service/business-taxes/\"\u003eTurboTax Live Full Service Business Taxes\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"TurboTax Live Assisted Business Taxes\" href=\"/personal-taxes/online/live/business-taxes/\"\u003eTurboTax Live Assisted Business Taxes\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"TurboTax Small Business Taxes\" href=\"/small-business-taxes/\"\u003eTurboTax Small Business Taxes\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"TurboTax Verified Tax Pros\" href=\"https://pros.turbotax.intuit.com/\"\u003eTurboTax Verified Tax Pros\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"TurboTax Verified Pros - Find Your Local Tax Professional\" href=\"https://pros.turbotax.intuit.com/local-tax-experts\"\u003eTurboTax Verified Pros - Find Your Local Tax Professional\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"TurboTax Verified Pros - Pro Matching\" href=\"https://pros.turbotax.intuit.com/pro-matching\"\u003eTurboTax Verified Pros - Pro Matching\u003c/a\u003e\u003c/p\u003e","tracking":{}}}]}]},{"blockName":"gwp-components/grid-item","props":{"desktopOrder":"'0'","authoring":"","cssClasses":"","desktopHorizontalAlignment":"default","breakpointAttributes":[{"breakpointSize":"xs"}],"attributes":"","mobileHorizontalAlignment":"default","mobileVerticalAlignment":"default","desktopVerticalAlignment":"default","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/expandable","props":{"breakpointToDisableInteraction":"sm","authoring":"","cssClasses":"","chevronLocation":"split","tabIndex":"","attributes":"","label":"Desktop products","labelCssClasses":"border-b border-pepper20 pb-12 ","labelAs":"h4","childrenCssClasses":" 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Products\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"All Desktop products\" href=\"/personal-taxes/cd-download/\"\u003eAll Desktop products\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Install TurboTax Desktop\" href=\"/personal-taxes/cd-download/install-turbotax/\"\u003eInstall TurboTax Desktop\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Check order status\" href=\"/personal-taxes/cd-download/order-status/\"\u003eCheck order status\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"TurboTax Advantage\" href=\"/personal-taxes/cd-download/advantage/\"\u003eTurboTax Advantage\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"TurboTax Desktop Business for corps\" href=\"/small-business-taxes/cd-download/\"\u003eTurboTax Desktop Business for corps\u003c/a\u003e\u003c/p\u003e","tracking":{}}}]}]},{"blockName":"gwp-components/grid-item","props":{"desktopOrder":"'0'","authoring":"","cssClasses":"","desktopHorizontalAlignment":"default","breakpointAttributes":[{"breakpointSize":"xs"}],"attributes":"","mobileHorizontalAlignment":"default","mobileVerticalAlignment":"default","desktopVerticalAlignment":"default","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/expandable","props":{"breakpointToDisableInteraction":"sm","authoring":"","cssClasses":"","chevronLocation":"split","tabIndex":"","attributes":"","label":"Tax tips","labelCssClasses":"border-b border-pepper20 pb-12 ","labelAs":"h4","childrenCssClasses":" pt-12","labelTrackingAttributes":{"data-ui-access-point":"","data-wa-link":"","data-ui-object-detail":"","data-object":"","data-ui-object":"","data-sku":"","data-action":"","data-ui-action":"","data-tracking":""},"tracking":{}},"innerBlocks":[{"blockName":"gwp-components/rich-text","props":{"typeramp":"text-size-inherit","authoring":"","cssClasses":"","attributes":{"role":"list"},"fontColor":"","htmlContent":"\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Tax Tips \u0026 Video Homepage\" href=\"/tax-tools/tax-articles-and-tips/\"\u003eTax tips and video homepage\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Browse all tax tips\" href=\"/tax-tips/\"\u003eBrowse all tax tips\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Married filing jointly vs separately\" href=\"/tax-tips/marriage/should-you-and-your-spouse-file-taxes-jointly-or-separately/L7gyjnqyM\"\u003eMarried filing jointly vs separately\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Guide to head of household\" href=\"/tax-tips/family/guide-to-filing-taxes-as-head-of-household/L4Nx6DYu9\"\u003eGuide to head of household\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Rules for claiming dependents\" href=\"/tax-tips/family/rules-for-claiming-a-dependent-on-your-tax-return/L8LODbx94\"\u003eRules for claiming dependents\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"File taxes with no income\" href=\"/tax-tips/irs-tax-return/can-i-file-an-income-tax-return-if-i-dont-have-any-income/L5T6d4PZP\"\u003eFile taxes with no income\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"About form 1099-NEC\" href=\"/tax-tips/self-employment-taxes/how-to-file-taxes-with-irs-form-1099-misc/L3UAsiVBq\"\u003eAbout form 1099-NEC\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Amended tax return\" href=\"/tax-tips/amend-return/how-to-file-an-amended-return-with-the-irs/L6kO691J8\"\u003eAmended tax return\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Capital gains tax rate\" href=\"/tax-tips/investments-and-taxes/guide-to-short-term-vs-long-term-capital-gains-taxes-brokerage-accounts-etc/L7KCu9etn\"\u003eCapital gains tax rate\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"File back taxes\" href=\"/tax-tips/irs-tax-return/how-do-i-file-back-tax-returns/L535BxMms\"\u003eFile back taxes\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Find your AGI\" href=\"/tax-tips/irs-tax-return/how-to-find-your-adjusted-gross-income-agi-to-e-file-your-tax-return/L2BNspAbm\"\u003eFind your AGI\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Unemployment benefits and taxes\" href=\"https://blog.turbotax.intuit.com/unemployment-benefits/\"\u003eUnemployment benefits and taxes\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Investment tax tips\" href=\"/personal-taxes/investment-tax-tips/\"\u003eInvestment tax tips\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Child tax credit\" href=\"/tax-tips/family/7-requirements-for-the-child-tax-credit/L3wpfbpwQ\"\u003eChild tax credit\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Important tax deadlines\" href=\"/tax-tips/tax-planning-and-checklists/important-tax-deadlines-dates/L7Rn92V1d\"\u003eImportant tax deadlines\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Federal tax brackets\" href=\"/tax-tips/irs-tax-return/current-federal-tax-rate-schedules/L7Bjs1EAD\"\u003eFederal tax brackets\u003c/a\u003e\u003c/p\u003e","tracking":{}}}]}]},{"blockName":"gwp-components/grid-item","props":{"desktopOrder":"'0'","authoring":"","cssClasses":"","desktopHorizontalAlignment":"default","breakpointAttributes":[{"breakpointSize":"xs"}],"attributes":"","mobileHorizontalAlignment":"default","mobileVerticalAlignment":"default","desktopVerticalAlignment":"default","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/expandable","props":{"breakpointToDisableInteraction":"sm","authoring":"","cssClasses":"","chevronLocation":"split","tabIndex":"","attributes":"","label":"Help and support","labelCssClasses":"border-b border-pepper20 pb-12 ","labelAs":"h4","childrenCssClasses":" pt-12","labelTrackingAttributes":{"data-ui-access-point":"","data-wa-link":"","data-ui-object-detail":"","data-object":"","data-ui-object":"","data-sku":"","data-action":"","data-ui-action":"","data-tracking":""},"tracking":{}},"innerBlocks":[{"blockName":"gwp-components/rich-text","props":{"typeramp":"text-size-inherit","authoring":"","cssClasses":"","attributes":{"role":"list"},"fontColor":"","htmlContent":"\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"TurboTax Live Community Support\" href=\"https://ttlc.intuit.com/turbotax-support/en-us\"\u003eTurboTax Live Community Support\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Contact us\" href=\"https://ttlc.intuit.com/turbotax-support/en-us/contact\" target=\"_blank\" rel=\"noopener\"\u003eContact us\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Where's my refund\" href=\"/tax-tools/wheres-my-refund/\"\u003eWhere's my refund\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"File an IRS tax extension\" href=\"/irs-tax-extensions/\"\u003eFile an IRS tax extension\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Access your Turbotax account\" href=\"https://myturbotax.intuit.com/\"\u003eAccess your Turbotax account\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Community\" href=\"https://ttlc.intuit.com/community/home/misc/03/en-us\"\u003eCommunity\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Tax law \u0026 stimulus updates\" href=\"/tax-reform/\"\u003eTax law \u0026 stimulus updates\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Refer Your Friends\" href=\"/referral/\"\u003eRefer Your Friends\u003c/a\u003e\u003c/p\u003e","tracking":{}}}]}]},{"blockName":"gwp-components/grid-item","props":{"desktopOrder":"'0'","authoring":"","cssClasses":"","desktopHorizontalAlignment":"default","breakpointAttributes":[{"breakpointSize":"xs"}],"attributes":"","mobileHorizontalAlignment":"default","mobileVerticalAlignment":"default","desktopVerticalAlignment":"default","tracking":{}},"innerBlocks":[{"blockName":"gwp-components/expandable","props":{"breakpointToDisableInteraction":"sm","authoring":"","cssClasses":"","chevronLocation":"split","tabIndex":"","attributes":"","label":"Tax tools","labelCssClasses":"border-b border-pepper20 pb-12 ","labelAs":"h4","childrenCssClasses":" 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href=\"https://blog.turbotax.intuit.com/income-and-investments/cryptocurrency-tax-calculator-50398/\"\u003eCrypto tax calculator\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Capital gains tax calculator\" href=\"https://blog.turbotax.intuit.com/income-and-investments/capital-gains-tax-calculator-48615/\"\u003eCapital gains tax calculator\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Bonus tax calculator\" href=\"https://blog.turbotax.intuit.com/tax-planning-2/how-bonuses-are-taxed-calculator-15628/\"\u003eBonus tax calculator\u003c/a\u003e\u003c/p\u003e\n\u003cp role=\"listitem\"\u003e\u003ca class=\"inline-block h-24\" title=\"Tax documents checklist\" href=\"https://blog.turbotax.intuit.com/life/tax-documents-checklist-how-to-win-big-this-tax-season-53328/\"\u003eTax documents 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