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Level 2
October 11, 2021
Question

I just noticed that TurboTax is summarizing each Cryptocurrency transactions into a summary (various), is there anyway to ask TurboTax to list every transaction?

  • October 11, 2021
  • 1 reply
  • 8 views
I have less than 120 transactions, would like TurboTax to list them out when I e-file instead of summarizing them together (various).

1 reply

Critter-3
Level 15
October 11, 2021

The IRS doesn't require the detailed listing so the summary method is used by the program.

fanfare
Level 15
October 11, 2021

Various is an option only when you sold a bunch on the same day (all at the same price) but you bought it in pieces on two or more days.

Not to be confused with the Summary on Schedule D line 1a or 8a.

Usually crypto does not generate a 1099-B so you can't report in that sales category.

Instead the category is C or F.

jlaw6402Author
Level 2
October 11, 2021

I understand how various works, but is there a way to ask TurboTax to list out all the transactions instead of combining them all together on Form 8949?