MarilynG1
Expert Alumni

Get your taxes done using TurboTax

Reporting Crypto transactions is more than just being able to import a .csv file or a .txf file.

 

If you save your crypto transaction file to your desktop, you should then go through it and sort out the types of transactions you may have, including:

 

Cryptocurrency received as payment for goods and services

Cryptocurrency sold, exchanged, spent or converted

Cryptocurrency received as income, and then held and sold for profit

Cryptocurrency received as a gift

New cryptocurrency received from an airdrop

 

These may be reported in various areas of TurboTax; such as Property Sale, Other Income, etc. (or both). 

 

Once you have sorted your transactions, you can enter summary totals into the correct areas of TurboTax.

 

Here's info on How to Report Crypto Transactions,  How to Report Crypto as Capital Gain, and How to Import Crypto Transactions

 

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"