Capital Asset Sales Wkst (Robinhood Markets Inc as agent for Rbn Crypto LLC) --Capital Asset Sales Wksht (1):Transaction #1is marked as an ordinary gain/loss transactin

[zachbriles]

Capital Asset Sales Worksheet (Robinhood Markets Inc as agent for Robinhood Crypto LLC) -- Capital Asset Sales Wksht (1): Transaction Number 1 is marked as an ordinary gain/loss transaction. Generally this is because the transaction occurred in a foreign currency or involves certain debt instruments. Any portion of the proceeds of this transaction that are indeed ordinary gain/loss must be reported in the appropriate part of your return. (e.g. ordinary income from interest should be reported as interest; ordinary income from currency gains/losses should be reported as other income). Enter an "other" adjustment to the gain/loss from this transaction to account for the gain/loss reported as ordinary income. The "Ordinary" checkbox should be removed. Ghost transaction will not clean cannot file

[katyyy]

Also looking for an answer here since I have gains from foreign currency ETFs: says to report it on other income and enter an "other" adjustment to the gain/loss reported.

While reporting it as other income is easy enough, I don't understand how to adjust the number from the Robinhood 1099. Please help!

[user17749822627]

Same question...did you find a resolution?

[MarilynG1]

If you entered an Adjustment Amount and Code in the entry screen for a 1099-B, you'll see the adjustment on the Capital Asset Sales Worksheet, and also on Form 8949.  You may need to delete your 1099-B entry, the Capital Asset Sales Worksheet, and Form 8949 if this outcome is not reached, and re-enter the 1099-B.

@zachbriles