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Cannot Enter Number of Units on Form 1099-DA

I am trying to enter in the 1099-DA form information I got from Coinbase and PayPal.  The Number of Units (1C) is so small (0.00000205), that when I enter it into the application (I'm using the application on a Mac), it says that the number must be > 0.  The smallest number I can enter in is 0.0001, but clearly that doesn't match what is on my form.  So how should I proceed forward with entering the 1099-DA form into Turbotax?

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1 Reply
JamesG1
Expert Alumni

Cannot Enter Number of Units on Form 1099-DA

When entering the IRS form 1099-DA manually, some are reporting in box 1b Name of the digital asset the correct number of digits so that some record of the actual transaction is maintained.

 

Such as, 0.00000205 BTC

 

You are correct, entry into box 1c Number of units is limited.

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