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Level 1
March 26, 2026
Question

How do I file crypto gains/losses?

  • March 26, 2026
  • 1 reply
  • 12 views
On TurboTax, where can I go to report cyrpo gains/losses? I see online that it should be on a T1 but TurboTax does not give this form option.

    1 reply

    Level 11
    March 26, 2026

    If you trade digital currency (such as Bitcoin, Litecoin, Ripple, Ethereum, or Monero) as an investment, any gains or losses are reported on your tax return as a capital gain or loss, just like stocks or gold.

    Here's how to enter your capital gains or losses. Please follow steps from the TurboTax community for step-by-step instructions:  

     

    How do I report the sale of cryptocurrency on my taxes?

     

    Thank you for choosing TurboTax.