I bought and sold ETFs holding crypto such as FBTC (Fidelity Wise Origin Bitcoin Fund). I did not own any crypto personally. Is that crypto or ETF income?

An exchange traded fund (EFT) is treated like any other sale of an investment. Any sale or exchange is treated as a taxable sale for income tax purposes. Here are the necessary details to report your sale(s). 

1. Cost basis
2. Date of purchase
3. Date of sale
4. Sale proceeds.

A question will come up after your finish your income section of the return:

• Since your EFTs hold crypto, then you should select 'Yes' 'Did you have a financial stake in a digit asset?'

Report this sale of EFTs as an investment sale:  Where do I enter Investment Sales?

1. Open or continue your return.
2. Navigate to the investment sales section:
   • TurboTax Online/Mobile: Go to investment sales. If using this application, make sure it is open
   • TurboTax Desktop: Search for investment sales and then select the Jump to link. 
     • Or Personal Tab > Continue > I'll choose what I work on > Scroll to Investment Income > Select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other
3. Answer Yes to the question Did you sell any of these investments in 2024? (or Okay! to Time to kickoff your investments!).
   • If you land on  the Investment sales summary or Your investments and savings screen, select Add More Sales or Add investments.