virtual Currency

am66 — Tue, 16 Feb 2021 14:49:16 GMT

I have sent emails and have tried calling several times with NO HELP. I have Turbo Tax Premier CD version. NO ONE has been able to give me advice on how to enter this. When I finally talked to someone they just kept transferring me. I gave them access to my screen and then they hung up. PLEASE SOMEONE HELP

Re: virtual Currency

TiffanyL — Fri, 19 Feb 2021 23:10:41 GMT

Virtual currency is considered to be a subset of the digital currency group, which also includes cryptocurrencies, which exist within the blockchain network. If you just need assistance with how to enter virtual currency, please see the steps posted below:

Your should have received form 1099-B if you sold cryptocurrencies.

You can enter your form 1099-B by following these steps:

In TurboTax, open your tax return
Click on Federal in the left-hand column, then on Wages & Income on top of the screen
Scroll down to All Income, locate the section Investment Income and click on Show more
Click Start next to Stocks, Mutual Funds, Bonds, Other

If you have any negative values on your 1099-B, please see the FAQ link posted below:

How do I fix my 1099-B negative values?

Please let us know if this helps.

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virtual Currency

Re: virtual Currency