Coinbase Users Can Now Receive Tax Refunds in Crypto Through TurboTax Partnership

Coinbase Users Can Now Receive Tax Refunds in Crypto Through TurboTax Partnership
Cryptocurrency exchange Coinbase (COIN) is giving users the option to receive their tax refunds in crypto, the company announced in a blog post Thursday.TurboTax’s website shows how users can now have their refunds deposited directly into the Coinbase account. According to Coinbase’s blog post, customers can choose to get refunds deposited into one of 100+ cryptocurrencies from stablecoins to yield-bearing assets. Both federal and state tax refunds can both be converted automatically into cryptocurrency, according to the New York Times, which was the first to report on the new feature.Coinbase users could already get a discount on TurboTax products that…