In partnership with TurboTax Premier…
How do you start investing? This was a question I asked myself around the age of 32 years old, when I was finally out of some student debt, some credit card debt from being a little irresponsible with spending in my 20s, and had some disposable income that I could use to help build long-term wealth. Was I expecting to make millions off my new investment strategy? I hoped, sure, but it wasn’t the sole reason. The goal was to stash away some money and let it work for me, which isn’t something I was used to.
As someone who was new to investing, figuring out how to accurately report my investment income and keep more of my money at tax time was a serious must. How should I report the income I made on my new investments? Which forms did I need? What tax breaks could I qualify for? Was there an easier way to do all this without being frustrated?
Searching far and wide for the answers, I found out about TurboTax Premier, which delivers a seamless experience to help investors of all levels get their taxes done easily and accurately.
When it comes to investing money and building long-term wealth, it can be scary. In my experience, I worried about investing about $500 each month, wondering what my return would be and how much it would really grow (if at all). I also wondered what my investments would mean for my taxes. With TurboTax Premier, though, you can rest easy and get the help you need to get your taxes done right.
To better understand just how TurboTax Premier can help you this tax season, here are some of the features:
- Personalized Guidance: TurboTax Premier covers nearly every tax situation for investors, including stocks, bonds, ESPPs, robo-investing, cryptocurrency, rental property income and more. New to investing? Not sure what your investments mean for your taxes? TurboTax Premier has your back with personalized tips to help you keep more of your money at tax time.
- Import: In addition to importing W-2s from over 1 million companies, TurboTax Premier automatically imports investment transactions from hundreds of financial institutions, saving time and improving accuracy.
- Expert Help: If you have questions or need expert help along the way, you can click to connect with real CPAs for unlimited tax advice through TurboTax Live Premier.
So if you’re not sure how to report your investments at tax time, check out TurboTax Premier, which is the smart way for investors of all levels to report and file their taxes. Whether you’re just getting started with investing on apps, or you’re dabbling in cryptocurrency, or you’re earning income through rental properties, they’ll help you maximize your tax outcome.
Tax season doesn’t have to be so stressful, guys. So stop wasting time and money being confused with how to file taxes this year and get yourself some help from TurboTax Premier. Whether that’s to understand how your investment income needs to be reported, or just how to keep more of your money, TurboTax Premier is the ideal solution to help you file your taxes easily and accurately.
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