MaxA1
Expert Alumni

Get your taxes done using TurboTax

Answers to your questions:

  1. Enter "1", and correct, if you have zero proceeds and 0 cash.  you can disregard entering the transaction on your return.
  2.  Enter 01/01/XX for purchase date and 12/31/25 for date of sale.  The year for the purchase date will be the year you purchased the stock.
    • Note that the year of the purchase date is important because it'll determine whether the transaction was a short-term or long-term sale.

Here's a link that gives more information on how to enter digital asset transactions in TurboTax:

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