☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Returning Member
posted Mar 10, 2022 9:20:17 AM

About virtual currency, Do I need to answer "Yes" for this box

Question: At any time during 2021, did you receive, sell, exchange, or otherwise dispose of any financial interest in any virtual currency?

 

My situation: I only buy and sell Doge, Bitcoin in Robinhood, and Robinhood send me 1099 crypto.

Do I need answer this question in Yes?

0 2 612
1 Best answer
Expert Alumni
Mar 10, 2022 9:35:25 AM

Yes, you will answer yes.  If you bought and sold Doge and Bitcoin that is selling and receiving virtual currency. 

2 Replies
Expert Alumni
Mar 10, 2022 9:35:25 AM

Yes, you will answer yes.  If you bought and sold Doge and Bitcoin that is selling and receiving virtual currency. 

Returning Member
Mar 10, 2022 10:58:04 AM

Thank you!