I keep getting errors on my Crypto Currency transactions in TurboTax Home & Business (Desktop). I entered each of my sales which generated a 1099-B worksheet. The errors are related to the following questions:
I've tried various combinations for the first question (Yes, No or blank) with either the correct term (short or long) or "No Report" selected.
What's the right answer to both questions to allow me to get past the error checker and e-file?
You'll need to sign in or create an account to connect with an expert.
I played around with it some more and found that "blank" to the first question and "no report" to the type of capital gain allowed the return to be transmitted.
you should be entering these under Sales Category C or F
(no 1099-B at all)
the type depends on your holding period (Long term or Short Term).
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
tswarts2
New Member
kelly48577
New Member
sacosta11
New Member
confusedmeghan
Returning Member
yamoinca
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.