jtabc
New Member

Get your taxes done using TurboTax

I have some follow up questions.

 

  1. You mention TurboTax online premium can upload the form. I'm not using this. I'm using the Windows Desktop version of TurboTax Deluxe. Is the desktop program unable to do this?
  2. I don't have many transactions listed on the 1099-DA form. The reason I used the sales section totals method is threefold:
    1. Firstly, the number of units I enter for the assets I sold gets automatically rounded down to zero when I attempt to enter them, and then I get an error saying the number of units must be greater than zero. I can round to 0.0001, but that number is wrong, it should be 0.00000872. I don't want to enter an incorrect number of units sold.
    2. The 1099-DA form lists "Various" for the acquisition dates for some lines. Whenever I type in "Various" into the Date Acquired Box 1d, it just resets to blank. Does TurboTax does not support this?
    3. The 1099-DA form already aggregated all of my stablecoin transactions, because I had hundreds of them. Please see my post here. Am I still expected to list each of these one-by-one, even when the 1099-DA form does not?

Would you please address question 1, and then all three sub-bullets of question 2 directly? I'm just trying to understand if I really need to mail it or not. Given question two subquestions 1 and 2, I'm assuming I will.