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ben-mr
Returning Member

How to update virtual currency question from yes to no without amend? I did not mail the tax return yet.

 
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5 Replies

How to update virtual currency question from yes to no without amend? I did not mail the tax return yet.

Where is that indicator on a paper return ?? I don't see it.

ben-mr
Returning Member

How to update virtual currency question from yes to no without amend? I did not mail the tax return yet.

It is on the additional form 1040 with title "Additional Income and Adjustments to Income" there is a yes/no checkboxed question "At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?"

How to update virtual currency question from yes to no without amend? I did not mail the tax return yet.

To revise your completed return, use the bizarre command trick "Add a State".

OR

just use white-out and check the other box. Your answer has no tax impact.

hf083
Returning Member

How to update virtual currency question from yes to no without amend? I did not mail the tax return yet.

Hi, Can you elaborate on "Add a State" trick?

How to update virtual currency question from yes to no without amend? I did not mail the tax return yet.


@hf083 wrote:

Hi, Can you elaborate on "Add a State" trick?


To access your 2019 online tax return if you have NOT yet filed the return -

 

To access your current or prior year online tax returns sign onto the TurboTax website with the userID you used to create the account - https://myturbotax.intuit.com/

 

When you sign onto your online account and land on the Tax Home web page, scroll down and click on Add a state. 

This will take you back to the 2019 online tax return.

Unlock tailored help options in your account.

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