HelenC12
Expert Alumni

Get your taxes done using TurboTax

TurboTax automatically generates Form 8949, Part i, Box C , that is a short-term transactions not reported to you on From 1099-b, when you enter your crypto sale (as a short term sale, less than one year).

 

To manually enter your crypto as investments sales using TurboTax Online Premier:

  1. Open (continue) your return in TurboTax.
  2. In the search box, search for investment sales then select the Jump to link in the search results.
  3. Answer Yes to the question Did you sell any of these investments in 2021? (or Okay! to Time to kick off your investments!)
    1. If you land on the Investment sales summary or Your investments and savings screen, select Add More Sales or Add investments
  4. On the Let's import your tax info screen, select Enter a different way.
  5. On the OK, let's start with one investment type screen, select Cryptocurrency and Continue.
  6. On the Select your crypto experience screen, select Type it in myself.
  7. On the Let's get started typing in your crypto tax info screen, just type in Apex Crypto. You don't have to enter the account number or Payer's EIN and Continue.
  8. On the Did you get a 1099-B from Apex? screen, select No and Continue.
  9. On the Now, enter one sale for Apex, enter your information and Continue
  10. Continue with the onscreen interview until complete. 

 

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