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I made less than $200 of capital gain through cryptocurrency. Do I have to report this? Is there a maximum amount before you need to report on your taxes?

 
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JulieCo
New Member

I made less than $200 of capital gain through cryptocurrency. Do I have to report this? Is there a maximum amount before you need to report on your taxes?

Yes, if you realized a gain, you need to report it (as well as all of your income you earned in 2017) on your tax return.  

Here is information on how to record gains of cryptocurrency in TurboTax:

https://ttlc.intuit.com/replies/6468652

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1 Reply
JulieCo
New Member

I made less than $200 of capital gain through cryptocurrency. Do I have to report this? Is there a maximum amount before you need to report on your taxes?

Yes, if you realized a gain, you need to report it (as well as all of your income you earned in 2017) on your tax return.  

Here is information on how to record gains of cryptocurrency in TurboTax:

https://ttlc.intuit.com/replies/6468652

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