you can put the sale as a sale of inventory in the self employment or you can book them as regular sales in the normal personal section as a sale of an investment. It won't matter since they are all short term gains, they get taxed as ordinary income. Whichever method you find easiest. Most tell you to put them within the investment section as described above. You would track the currency as inventory you made if you wanted the Schedule c inventory method which may add too much complexity.
No different then if I was an active trader, I can still use the investment sales and use schedule C for business expenses. You created income... now you have the related p&l on those assets/inventory items.
Non-miners to reports (miners can use too since ST has same impact).
1. Select the Federal tab
2. Select Wages and Income
3. Select Investment Income
4. You'll list each trade/sale in the Stocks, Mutual funds, Bonds, Other interview
5. When asked Did you get a 1099-B or a brokerage statement for these sales? select No
6. When asked to Choose the type of investment you sold select Everything else for held for investment, if held for personal goods choose Personal Items.
7. Translate proceeds of each sale into US dollars at the time of the sale or movement.
8. Repeat for each transaction or report summarily.
**I don't work for TT. Just trying to help. All the best.
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