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Amendment for Crypto Transactions

After filing my 2024 returns, I received a letter saying the IRS showed I likely made crypto transactions but didnt report them which was true - I had forgot. I pulled the CSV for the transactions, added it to federal and state and amended the returns the beginning of April 2025. There was no change in taxes due since I had already reached the $3k cap gains loss. After amending, I realized the box on page 1 of the 1040 was still marked "Did NOT make digital asset transactions in 2024" even though I added the transactions to turbotax.

Do I need to amend again to mark the box on page 1 1040 YES to digital asset transactions?

Thank you for your help!

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1 Reply
DawnC
Employee Tax Expert

Amendment for Crypto Transactions

No, don't amend again unless the IRS asks you to, which is highly unlikely.   You already added the crypto transactions and there is not a digital asset box on the 1040-X.   Your capital loss carryovers amounts are correct now as well.  

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