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FIYAH! Get Your Tax Refund In Crypto With Coinbase and Turbo Tax

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(Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always do your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.)

Talk about going mainstream! Now you can get your tax refund in crypto. Coinbase users now can get their tax refund deposited into their account as USD which can be instantly converted into whichever Crypto you choose.  In order to use this feature, you have to use Turbo Tax to file your taxes with the IRS. This just made tax season something exciting!

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The announcement came as a shock, a welcome shock, to most tax filers. This is not only going to make it easy to get your refund but it sheds light on new investors into crypto who may have shied away from it before. Experts expect the crypto market to increase by 7 times within 5 years. This will raise the value of the market as a whole.

Below are the instructions from COINBASE.com on how to get your refund sent into your account.

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  • Begin filing your taxes from the Coinbase section of the TurboTax website

I don’t know about you but this is exciting news for us. This could be one of the sparks that help crypto climb out of its month-long slump. The more mainstream crypto becomes the more it benefits all of us. Whether you are invested in Bitcoin, Ethereum, Shiba Inu or others this is a welcoming development.

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