KathrynG3
Expert Alumni

Get your taxes done using TurboTax

It is still possible to enter cryptocurrency in the CD/Download version. Unless you are mining cryptocurrency and should report it as self-employed income & expenses, you  have two options. 

 

  • Enter cryptocurrency transactions under Investment Income as Stocks, Mutual Funds, Bonds, Other.
  • Enter cryptocurrency directly on the designated worksheet, toggle to Forms mode and follow these steps:
    • Click Open Forms and enter Cryptocurrency and Open Form.
    • On the Crypto Wks, enter your details.

In TurboTax Online:

For up to 50 transactions, they can be manually entered.

If you have a large volume of transactions, TurboTax Online allows for importing up to 2,000 transactions automatically for cryptocurrency. For more transactions, use a transaction aggregator. TurboTax will walk you through that process.

 

For more information, see: How do I report Bitcoin or other cryptocurrency as a capital gain?