https://ttlc.intuit.com/community/taxes/discussion/re-cryptocurrency/01/2366711#M845785 <P>You don't have to report the purchase. When you sell any of the cryptocurrency you will have to report the sale. But there is a question on the tax return that asks "did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?" You have to answer Yes to that question. TurboTax will ask the question.</P> <P>&nbsp;</P> Thu, 21 Oct 2021 22:59:51 GMT rjs 2021-10-21T22:59:51Z https://ttlc.intuit.com/community/taxes/discussion/cryptocurrency/01/2366701#M845781 <P>If I buy crypto and just hold it do I have to report it anywhere on my taxes ?&nbsp;</P> Thu, 21 Oct 2021 22:06:08 GMT https://ttlc.intuit.com/community/taxes/discussion/cryptocurrency/01/2366701#M845781 Celsojim 2021-10-21T22:06:08Z https://ttlc.intuit.com/community/taxes/discussion/re-cryptocurrency/01/2366711#M845785 <P>You don't have to report the purchase. When you sell any of the cryptocurrency you will have to report the sale. But there is a question on the tax return that asks "did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?" You have to answer Yes to that question. TurboTax will ask the question.</P> <P>&nbsp;</P> Thu, 21 Oct 2021 22:59:51 GMT https://ttlc.intuit.com/community/taxes/discussion/re-cryptocurrency/01/2366711#M845785 rjs 2021-10-21T22:59:51Z