I receive Form 1099-K.
I am wondering how I should report the transaction.
I have more than 300 transaction for different cryptocurrency.
Do I need to list out all the transactions? If so, it will be too many transaction.
Or I could list out the summary?
Thank you!
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There's an upload limit of 250 cryptocurrency transactions in TurboTax Online Premier. If you have more than that, you’ll need a transaction aggregator. We’ll walk you through that in the cryptocurrency section.
I m not sure what is taxable and what is not taxable.
I bought and sell bitcoin, but I keep them in the wallet and haven't convert it into cash.
Is it taxable or not taxable?
From the TurboTax help:
A cryptocurrency transaction is taxable if it was:
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