Here is how to report cryptocurrency in TurboTax Online products:
Income and Expenses
Scroll to Investment Income
Click show more
Select Stocks, Mutual Funds, Bonds, Other
Did you sell any investments in 2018? click "yes"
Did you get a 1099-B or a brokerage statement for these sales? click "no"
Choose the type of investment you sold, check "everything else" and "continue"
Describe as cryptocurrency, add profits and date of sale
For more information: TurboTax on Cryptocurrency
Please note that I received a small amount of several of the bitcoin forks which occurred in 2018 and a couple of free coins (airdrops) for holding certain coins either on exchanges or in cryptocurrency wallets. Please also note that I have not sold any of the bitcoin forks or airdrops.
There are two current thoughts on forks. One is that you report as I directed above as if it were a sale. The other is that you delay reporting. The IRS has not issued an opinion on the subject. From my additional research, I think you are fine to not report anything on your tax return because there is so much sentiment against the reporting and we remain without IRS guidance. For more information, follow this link: <a rel="nofollow" target="_blank" href="https://www.cpajournal.com/2019/01/24/the-taxation-of-cryptocurrency/">https://www.cpajournal.com/2019/01/24/the-taxation-of-cryptocurrency/</a>