GiseleD
Expert Alumni

Investors & landlords

You can only enter 50 transactions manually, or you can import up to 2251 transactions. If you have more than that to report, you can use a private accountant to reconcile your crypto transactions and aggregate them, or you can reconcile them on your own with a transaction aggregator. There are many services online that can help you aggregate your transactions and help you calculate your gains and losses.

 

When you are ready, you will enter them in the Cryptocurrency section in TurboTax. If you have a separate 1099-B for your crypto, you can enter that in the Stocks, Mutual Funds, Bonds, Other section.

 

Regarding the error message you are receiving, it sounds like you tried to aggregate everything on your own into one transaction. Unfortunately, you can't do that. The acquisition and sell dates must be identified. A professional aggregator will do this for every transaction, and it will then calculate your overall short- and long-term gain and loss. 

 

@Jerrybooth

 

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