How to categorize bitcoin sales to long term covered/un-covered/not reported

Hi TurboTax Community,

I generated a txf file using Coin tracker from my Coin base account. When I imported the txf file to my turbo tax desktop version. The type of sale field is not auto-filled. I see that the sale type is long term in the capital gains csv generated by Coin tracker. Which among the following is the appropriate to choose in turbo tax "sale category" drop down menu?

a) Long term covered

b) Long term noncovered

c) Long term not reported

Thank you

149

Level 15

May 8, 2021 12:16:10 AM

if you did not get a 1099-B the category is "C"

Level 15

May 8, 2021 1:56:16 AM

you would use C or F depending on the holding period of the asset you sold.

F is more than one year.

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How to categorize bitcoin sales to long term covered/un-covered/not reported