I was wondering if TurboTax Premier (or any TurboTax product) allows for processing taxes associated with trading of cryptocurrency (e.g., bitcoin) futures without having to file a paper form? Can anyone help with that?
Thanks!
posted
August 6, 20212:22 PM
last updated
August 06, 20212:23 PM
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Crypto futures are pretty new to the landscape so rules may change but right now you report your gains or losses from 1256 contracts on form 6781 and that's a LOT easier than reporting every single stock trade.
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