MarilynG1
Employee Tax Expert

Get your taxes done using TurboTax

Yes, For tax purposes, crypto is either considered earned income or treated as property sales (investment sales).

 

If you didn't receive a 1099-Misc, you can report it as 'Other Taxable Income'.  Save documentation for amounts reported.

 

On the 'Income' topics page, scroll all the way down to 'Other Miscellaneous Income, 1099-A, 1099-C..'

 

On the next page, scroll all the way down to 'Other Reportable Income', and you can enter a description and amount.  You won't need to attach/import anything. 

 

Here's more info on How is Crypto Taxed?

 

@kgraghu 

 

 

 

 

 

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