How to report sales fee from crypto sale

[nbgoku]

Hi I am manually entering my crypto sales (not using/did not receive 1099 form)

In the sales section I have two input boxes

For "Proceeds" (the sale) I entered in the sales amount (but did not include the crypto exchange sales fee from the sale)

For "Cost" I entered the cost of the initial purchase of the crypto plus the crypto exchange purchase fee

Now my question is, where do I put the crypto exchange sales fee since we do not put that in the "Proceeds" input box

Thanks!

[rjs · Accepted solution]

After you enter the proceeds and cost basis, click Continue. The next screen asks if you paid sales expenses, and gives you a box to enter the expenses.

The sales expenses will be reported on Form 8949 as an adjustment to the gain or loss, with adjustment code E.

[nbgoku]

Thank you!  So in the box for "Sales expenses not reported" shown below is where the crypto exchange sales fees goes then?

As an example, if I sold bitcoin for $20,000 (not including the sales fee) and Coinbase took a sales fee of $500 from that bitcoin sale, then in the box for "Sales expenses not reported" shown below I would put $500?

[rjs]

@nbgoku  Yes, that's correct. That's where you enter the sales fee.