KrisD15
Expert Alumni

Get your taxes done using TurboTax

Since the report is listing the short term capital gains, (separate from the long term capital gains which you don't have) you can enter that under Investments.

The IRS taxes Short Term and Long Term gains differently, so that is what is important to them. 

 

Be sure to enter the mining income as "Self-Employment Income" 

 

For the capital gains, enter them under Investments this way since they have already been tallied and grouped.

 

Select "Stocks, Bonds, Mutual Funds" as the Investment type 

DO NOT SELECT CRYPTOCURRENCY since you will not be uploading the .csv

CONTINUE

CONTINUE

"I'll type it myself"

Enter the Brokerage and account number

CONTINUE

Answer the interview question that you have "Yes (4+)" sales on your 1099-B and "Yes" to "Did you buy the investments"

CONTINUE

Select "Sales section totals" 

Continue

On the next screen you should be able to report the total as "Short Term" and I think covered since I think the basis is being reported to the IRS for these. 

Enter the proceeds and basis

 

That should do it. 

 

The "Mining Income" will be reported as schedule C income. 

 

If you hold a foreign wallet, you MAY need to include Form 8938. 

 

 

 

 

 

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