Crypto entry issue

[Chaloos]

I need to import or manually enter my crypto sale. But, when I go to Investment Income under Wages and Income, my TurboTax does not show Crypto (1099-B). What should I do?

[RaifH]

Cryptocurrency transactions can be imported into TurboTax Online but must be manually entered into TurboTax Desktop. To report them in TurboTax Online:

1. With your return open, go to Federal > Income & Expenses
2. Open the Investment Income section and start or revisit Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)
3. Continue by selecting Yes and then clicking on Cryptocurrency
4. You can try any of the import options or to manually enter them.

To report in TurboTax Desktop:

1. In the Personal > Personal Income section, scroll down to Investment Income and click Start/Update  next to Stocks, Mutual Funds, Bonds, Other.
2. Click Add More Sales.
3. Answer Did you get a 1099-B or a brokerage statement for these sales? 

TurboTax has a cryptocurrency hub that you may find helpful for the reporting and import of your transactions.

[Chaloos]

Thank you RaifH. I have the desktop version of TurboTax and after posting my question, I found out that the desktop version doesn't have cryptocurrency. Anyway, I really appreciate your response. Your response was very thorough and to the point.

Chaloos