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Level 2
posted May 4, 2021 7:32:42 AM

How to enter crypto with and without a 1099?

I received a 1099 from Robinhood for my crypto, but I do not have a 1099 for Coinbase or Coinbase Pro.  I used Bitcoin.Tax to pull together my Coinbase trades.  Can I simply enter it all into Bitcoin.Tax and in one upload, or do I need to enter the 1099 for Robinhood separately?  I believe the Crypto from Bitcoin.Tax goes in as a form 8949, not sure if this is different for those entered with a 1099 (1099-B)?  

 

Trying to avoid getting flagged or audited for improperly entering this stuff.  It's my first time trying to get this right.

 

Thanks,
Jason

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1 Replies
Expert Alumni
May 4, 2021 8:33:50 AM

Yes. You can enter everything into Bitcoin.tax and import into TurboTax. Follow the instructions from the Bitcoin.Tax website: Import directly into TurboTax Online using Bitcoin.Tax.