Some of the links included in this post are affiliate links. Read my disclosure policy.
How to buy Dogecoin can be quite simple but there are a few things to be aware of in the process and we'll go over that and also share a video on the easiest process below.
First and foremost always be cautious when doing any investing especially with crypto. Dogecoin can be a very risky investment but that doesn't mean it can't be rewarding. Just know that you can go from being up on the holding to a negative from your initial investment within a matter of moments.
Now that that's out of the way let's talk about how to buy Dogecoin. As mentioned earlier, I will have my YouTube video on the process down below if you'd prefer that method of learning.
There are a few platforms where you can currently buy Dogecoin and more are being added. The one we'll be referencing today will be Robinhood, but another platform you can use is Binance and you can click here to check them out.
As we go through the process using Robinhood, you can create your free account here and get a free stock in the process. Robinhood is a free trading platform you can use to buy and sell securities. The current downside of using Robinhood is that you don't get a wallet for Dogecoin (possibly coming in the future) this might not be a big deal if you just want to buy and sell it to try and make some money.
Once you've created a Robinhood account and deposit so money (you can add up to $1,000 instantly) then you can proceed through the following steps:
Step 1: Make sure you added a deposit. You'll see this in your buying power as seen below.
Step 2: Click the magnify glass (the bottom center icon) as seen below:
Step 3: Click on the Crypto icon or type in Dogecoin in the search bar at the top:
Step 4: Scroll down the crypto list as find “Dogecoin” and click on it:
Step 5: On the Dogecoin page you'll see “Buy” at the bottom click on it:
Step 6: Decide if you want to do a “market order” or “limit order” with Dogecoin by clicking the top right of the screen. Market order is buying in-real time vs limit order is buying at an exact price.
Step 7: Back on the buy screen you can put in however much up to your buying power to purchase shares of Dogecoin. Keep in mind fees and market changes and how this will affect how much you end up officially buying. In my example with the price, I am spending $3 and getting an estimated 14 Dogecoin. Then click “review”
Step 8: Order summary, double check everything looks good and then swipe up to complete your order (keep in mind that limit orders will only complete when it hits the price target).
Step 9: You're now an owner of some Dogecoin
That's how to buy dogecoin! Don't forget to click the link to sign up with Robinhood and get the free stock for doing so.
Some of the links included in this post are affiliate links. Read my disclosure policy.
Tax season is finally here, and with that – there are millions of people all across the nation who have a ton of questions. First off, should I do my taxes by myself, or do I need to go to an accountant and have them done professionally? Well, that would depend on your own individual circumstances. You would consider the complications of your tax preparation process, your filing status, your level of income, your risk for audit, etc. However, if you do choose to go the route of preparing and filing your income taxes on your own, then you have a few great options available to help you do it.
Remember, navigating your own personal finances can be tricky, so ensuring that you know what to expect when working with one of the three biggest tax filing software applications out there is key. In this short article, we are going to provide you with some insight into the differences between these three software applications. Let’s begin with TurboTax.
What’s The Deal With TurboTax?
There are a few tiered options including free filing* that provide you with some additional tools which might run you a bit more. Additionally, if you are self-employed as an independent contractor, a freelancer, or a consultant, you’ll be required to pay a fee of $120 upfront – which isn’t too hefty when you consider the complexities of your write-offs, deductions, and credits.
TurboTax also offers a wonderful 24/7 online and phone support hotline to help walk you through the steps of filing your taxes. If you have a question, you can receive instant support and assistance by whatever means necessary. So, even if it’s 11:30pm on April 14th (or thanks to the extension May 14th at 11:30pm) and you only have 30 minutes left to file your taxes before the IRS deadline, you can still receive support.
Let’s also not forget, TurboTax offers Live Tax Preparation for a fee, where a professional accountant will work with you to help you file your taxes. The software really is quite powerful, and it even offers an option for TurboTax Audit Defense to ensure that your filing is clean and free from potential errors. Check out TurboTax today (*for simple tax returns only” AND “not all taxpayers qualify)
Credit Karma
Now, what about Credit Karma? Well, they might not have as many features as, say, TurboTax or H&R Block, but they still provide you with all of the basics that you’ll need to address your personal finance structure and ensure a seamless tax filing process. Technically, the software is free to use if you’re going to earn a return from the IRS or your respective state, but there is a slight grey area there.
Additionally, their online help center is accessible, but a little more limited than the others. However, they do make it quite simple to track your refund after you’ve filed your taxes. This is a big plus because it helps you plan ahead for the future if you are planning to use that refund for something special.
Lastly, one of the biggest benefits with Credit Karma is that they offer a free Audit Defense process, provided by a third party. This helps to verify your tax filing to ensure that it is free of mistakes and potential audit risk. Check out Credit Karma today.
What About H&R Block?
As the cream of the crop, H&R Block really isn’t all that different from TurboTax – even if it has a stronger and more durable reputation. In fact, the two are nearly identical – although H&R Block’s paid tiered options might come at a cheaper price point.
For instance, the free version is enough to help you file your taxes from scratch. From there, tiered options begin at about $30, and increment increase to $50, and then $85 for self-employed. When compared with the prices that accountants are charging for tax preparation, this really is a steal.
From there, unlimited live chat and phone support is a big benefit. Not only does it ensure that you have assistance whenever you need it, but it gives you an opportunity to breeze through support with simple and easy answers.
Lastly, H&R Block offers you additional audit support for just $19.99. At the end of the day, H&R Block probably gives you the biggest bang for your buck, along with a great reputation as a company that is easy to deal with. Check out H&R Block today.
Rounding It All Out
As you can see, tax preparation always comes with a range of options – especially when you plan to do your taxes on your own. Each of these software applications bring a world of benefits designed to make the process easier for the everyday tax filer.
Some of the links included in this post are affiliate links. Read our disclosure policy.
Looking to get starting with Coinbase? Today we'll take you step by step on how to sign-up for Coinbase through video right here. The video will show you all the questions and information that will be asked while going through and signing-up. Check out the link below to get $10 in free Bitcoin when you use our affiliate link and buy $100 worth of any cryptocurrency.
Today we are talking about Robinhood taxes and where to find them. This is simple but important information to know. Get your Robinhood tax papers to file your latest taxes properly. Check out the video below to learn where to find your Robinhood tax forms. Once you get your tax forms, jump over to Turbo Tax to file your taxes here!
Today we are taking a quick look at how to withdraw your money from Robinhood. Check out the video below. If you're done using Robinhood and would rather try out a different investing app here are a few alternatives you can go with:
