I purchased Premier because it is specifically promoted as having enhanced features for investments. Yet, now I find out that while one can input cryptocurrency sales as capital gains taxable events in the online version, there is no such option in premier. Setting aside the minor quibble that cryptocurrency is treated as property rather than as an investment per se, it would seem I've been shortchanged in available features. For that matter, you enter crypto in the online version apparently as follows:
- Select Federal from the left menu, and Wages & Income from the menu near the top.
- Scroll down and select Show more next to Investment Income.
- Select Start or Revisit next to Cryptocurrency.
So quite clearly, the online version handles it under Investment Income - precisely what Turbotax Premier is supposed to be ideal for.
This is, to put it mildly, frustrating.
