JamesG1
Expert Alumni

Get your taxes done using TurboTax

Are your holdings in Bitcoin as an investment?  Or something else?

 

In TurboTax Premium Online, Bitcoin holdings as an investment are likely accessed by following these steps:

 

  1. Down the left side of the screen, click Federal.
  2. Down the left side of the screen, click Wages & Income.
  3. Click the down arrow to the right of Investments and Savings.
  4. Click to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B).
  5. Click Add investments.
  6. On the Let's import your tax info screen, Bitcoin may be imported.
  7. Or select Enter a different way, and click on Cryptocurrency.
  8. A .CSV may be imported.

In TurboTax Premium Online, you are able to remove the self-employment activity by following these steps:

 

  • Down the left side of the screen, click Federal.
  • Down the left side of the screen, click Wages & Income.
  • Click the down arrow to the right of Self-employment.
  • Click to the right of Self-employment income and expenses.
  • At the screen Your 2024 self-employed work summary, click the delete trashcan to remove the self-employment activity.

@jackson99927 

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