2659750
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Parkerspa1000
Returning Member

8949 part II

I traded crypto for the first time in 2021 and in my form 8949, part II , box (e) is checked and  I noticed some entries with a date acquired and sold under a year from each other. These were stablecoins and no gain resulted. All zero dollars. This was imported using a crypto tax website. Should I correct this or leave it as is since there was zero gain. It is odd that it was reported as long term since it was less than one year.

 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
JamesG1
Expert Alumni

8949 part II

These $0 entries may be deleted.  Retain a paper or digital copy of the 1099-B (?) with your tax records should there be a question about this form in the future.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question