In TurboTax support there are instructions to upload crypto exchanges that state:
In the Wages and Income section under Investments and Savings (or Investment Income), select Start or Revisit next to Crypto (1099-B)
In my investment Income section there is no "Crypto (1099-B) for me to select. Why is this or what am I missing.
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The desktop version does not have crypto in the wording and requires different handling. It is still under Investment Income. Select Start next to Stocks, Mutual Funds, Bonds, other. Additionally, if you have a foreign wallet, that is considered a foreign asset and may require filing Form 8938. See About Form 8938, Statement of Specified Foreign Financial Assets,
Select an entry option:
1. Enter the total short term on one line and total long term on the next line. Mail in a copy of your 1099-B. Very easy and the program gives you the instructions.
2. You may be able to convert your .csv file to a .txf file and upload it into TurboTax Desktop version.
Follow these steps outlined by JoeFM here.
3 .You can make your own csv file. Manually change your columns to 5 columns in this order:
Then you can upload the document and select 1099-B as the type. To upload:
My Docs is available in all paid TurboTax Online products or by adding PLUS to Free Edition.
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