JosephS1
Expert Alumni

Get your taxes done using TurboTax

Most, but not all, of the cryptocurrency agencies do not distribute 1099's to their customers.  You should request, if you do not already have one, Form 8949 from the issuing agency.  Delete all imported transactions if you have made any, and enter the totals as a single transaction as shown on the 8949 for short-term and long-term transaction totals, respectively.

 

You may want to attach a pdf copy of the 8949 to your return for verification purposes.

 

The IRS is concerned that you are properly reporting your total capital transactions with their associated cost basis and while individual transactions are important, the totals are the most important.

 

Form 8949

 

@cpkyle 

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