turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How do I report income from the sale of cryptocurrency when I don't have the requisite documentation?

I purchased a small amount of Bitcoin in 2011 and am aware of the exact amount acquired. At a later date, I transferred half of it into Ethereum. In 2024, I sold all my Ethereum holdings. Unfortunately, I can no longer access my Coinbase account, where these transactions were recorded. I had updated the account's authentication method to use a passkey tied to my smartphone, but after replacing the device, the new smartphone is not recognized as the passkey. Despite numerous attempts, the account remains unrecoverable due to a Catch-22 in the recovery process. As a result, I am unable to obtain the documentation required by TurboTax to accurately report the income from the sale of cryptocurrency. What steps can I take to properly report this on my federal tax return?"
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question