Crypto currency

jv32 · ‎April 6, 2022

I am asking for my husband that has won, lost and invested in crypto currency. How would I go ahead to find the details of reporting for tax purposes?

MaryK4 · ‎April 6, 2022

In general, if he used a legitimate company, they will be able to provide tax-friendly files that you can use to report to the IRS. There are often multiple transactions that have to be reported, so follow the steps below to import the information directly from the broker.

Here is the technical guide: How to File Cryptocurrency Taxes with TurboTax (Step-by-Step).

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MaryK4 · ‎April 6, 2022

In general, if he used a legitimate company, they will be able to provide tax-friendly files that you can use to report to the IRS. There are often multiple transactions that have to be reported, so follow the steps below to import the information directly from the broker.

Here is the technical guide: How to File Cryptocurrency Taxes with TurboTax (Step-by-Step).

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