Written by
Aaron Bell
on
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H&R Block is ass for crypto, but they got me a $1,390 refund
I filed with H&R Block for a $1,390 refund. Their crypto reporting is ass, but I made it doable by aggregating my 377 RH trades (1099) and the 45 buys/sells from Binance into three big trades for DOGE, BNB, and LTC. This turned out to be the right move, because whatever I missed from HIFO optimization, I got back from a Homestead Credit that I would have missed. It brought me up from owing Michigan $195 to a refund of $695. (I entered twelve months of rent at $675/mo and it lifted my state tax situation from the muck). It also had last year’s annual gross income on hand, which the IRS requires for e-filing, so that was a win for convenience, too. Now I wonder–is this too good to be true?