topic Received a Letter 6174-A and need to amend my 2018 taxes to reflect crypto gains and losses. I am not seeing this as an option on when I click the amend button. in After you file

Received a Letter 6174-A and need to amend my 2018 taxes to reflect crypto gains and losses. I am not seeing this as an option on when I click the amend button.

remickkawawaki — Sat, 17 Aug 2019 13:53:22 GMT

Re: Received a Letter 6174-A and need to amend my 2018 taxes to reflect crypto gains and losses. I am not seeing this as an option on when I click the amend button.

DoninGA — Sat, 17 Aug 2019 14:25:16 GMT

Why did you receive this IRS letter? See this IRS website - https://www.irs.gov/newsroom/irs-has-begun-sending-letters-to-virtual-currency-owners-advising-them-to-pay-back-taxes-file-amended-returns-part-of-agencys-larger-efforts

See this website for further information - https://www.toptaxdefenders.com/blog/letter-6174a-and-cryptocurrency

If you did NOT report your gains and losses on the 2018 tax return then you Must amend the 2018 return to report those gains and losses.

See this TurboTax support FAQ for how to report - https://ttlc.intuit.com/community/cryptocurrency/help/how-do-i-report-bitcoin-or-other-cryptocurrency-as-a-capital-gain/00/27338

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Re: Received a Letter 6174-A and need to amend my 2018 taxes to reflect crypto gains and losses. I am not seeing this as an option on when I click the amend button.

DoninGA — Sat, 17 Aug 2019 14:32:24 GMT

To amend a 2018 tax return using the online editions, see this TurboTax support FAQ - https://ttlc.intuit.com/community/amending/help/how-do-i-amend-my-turbotax-online-return/00/27577

To report capital gains or losses you will need to upgrade and pay for the Premier online edition or higher. Click on Upgrade on the left side of the online program screen when accessing the 2018 online tax return.