You may be able to enter summary information instead of each individual transaction. You would create a .PDF of the IRS form 1099-DA or IRS Schedule 8949 to upload into TurboTax Online. Follow thes...
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You may be able to enter summary information instead of each individual transaction. You would create a .PDF of the IRS form 1099-DA or IRS Schedule 8949 to upload into TurboTax Online. Follow these steps.
Down the left side of the screen, click Federal.
Down the left side of the screen, click Wages & Income.
Click the down arrow to the right of Investments and Savings.
Click to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B). Click Add investments.
On the Save time and connect your financial accounts screen, select Enter a different way.
On the How do you want to add your docs? screen, select Type it in myself, then Continue.
At the screen OK, let's start with one investment type, select Digital Assets. Click Continue.
At the screen Let's get started typing in your digital asset info, enter the information. Click Continue.
At the screen Did you get a 1099-DA from XXX?, select Yes. Click Continue.
Answer the questions at the screen Tell us about the sales on your 1099-DA.
Do you have more than three sales, enter Yes.
Did you buy every investment listed, enter Yes. Continue.
On the screen Now, choose how to enter your sales, select Sales section totals. Select Continue.
At the screen Look for your sales on your 1099-DA, select Continue.
You will now be able to enter the total proceeds (sales) and cost basis, along with the sales category. Click Continue.
At the screen Review your XXX sales section total, select Add another sales total as needed. Click Continue.
At the screen Now we'll help you upload your 1099-DA since the IRS requires a copy, upload the .PDF file.
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