topic Re: Traded Cryptocurrency. Will Schedule D be generated automatically? in Get your taxes done using TurboTax

Traded Cryptocurrency. Will Schedule D be generated automatically?

willzyx — Sun, 12 Jul 2020 17:36:37 GMT

Hello. I am currently using TurobTax Online Premier. I have traded cryptocurrency in 2019 and already calculated everything using CryptoTrader.Tax service but that service doesn't generate Schedule D (only form 8949).

Once I import the files from CryptoTrader, would TurboTax Premier automatically generate Schedule D form with all necessary fills? Or do I have to fill it out myself?

Re: Traded Cryptocurrency. Will Schedule D be generated automatically?

Anonymous — Sun, 12 Jul 2020 17:40:49 GMT

8949 is where you report the trading. it flows to schedule D.

Re: Traded Cryptocurrency. Will Schedule D be generated automatically?

willzyx — Sun, 12 Jul 2020 17:42:51 GMT

So once I report all transactions in 8949, it would automatically generate Schedule D without me doing anything?