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Deductions & credits
You need to report your cryptocurrency if you sold, exchanged, spent or converted it though.
- Select Federal from the left menu, and Wages & Income from the menu near the top.
- Scroll down and select Show more next to Investment Income.
- Select Start or Revisit next to Cryptocurrency.
- Follow the instructions and we'll calculate the gain or loss from the sale.
For further information please see the TurboTax website: How do I report Bitcoin or other cryptocurrency as a capital gain?
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‎January 30, 2020
1:27 PM