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egarren
New Member

How can I generate Form 8949 to account for Crytpo capital loss?

I followed these instructions to generate and upload a Crypto CSV to TurboTax (https://ttlc.intuit.com/turbotax-support/en-us/help-article/cryptocurrency/upload-csv-file-crypto-tr...). However, when reviewing my return, TurboTax did not generate a Form 8949 and my Crytpo capital losses were not accounted for. Under the TurobTax investment section, Crypto shows up, but there is no total (unlike my other investment sections).

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1 Reply
JamesG1
Employee Tax Expert

How can I generate Form 8949 to account for Crytpo capital loss?

Crypto uploaded from a .CSV in TurboTax Online Premium looks like this.

 

 

I click Edit and the transactions look like this.

 

TurboTax prepares an IRS form 8949.  

 

It sounds like whatever data was imported into your tax return, does not carry any values.

 

Are you able to view the transactions lines in the .CSV using Excel or other software?  Are the dollar amounts actually there?

 

 

 

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