In 2024 my partner completed a crypto trade, one currency for another. The exchange was at loss of $-3.89. That's it for the year. My partner did not realize that trading it vs buying it, (which was the only way to acquire that particular currency) would equate to a reportable transaction. Turbo Tax wants an additional $60 to report this one loss, which I find overpriced since it's just the computer autogenerating one more page with only one transaction. Does the IRS require such a small amount to be reported?
