I sold bitcoin in 2016 for an aggregate loss. What investment type do I use to record my transactions?

[BitcoinTaxes]

Report your transactions in 1040 Schedule D, in form 8949 ticking as C or F "not reported to you on Form 1099-B".

In TurboTax, this is "Personal Income", "Investment Income", "Stocks, Mutual Funds, Bonds, Other" , as type "Everything Else".

[frankdiaz33]

I am new to the crypto world, please if anyone can help me. Is this site paying? {not allowed  link}

[maglib]

https://www.irs.gov/pub/irs-pdf/p544.pdf and  https://www.irs.gov/pub/irs-pdf/i8949.pdf  are the IRS rules for property and reporting.  Personal property net losses are not deductible but investment property is....  follow the IRS guidelines for property.

IRS guidance on cryptocurrency as property:

https://www.irs.gov/newsroom/irs-virtual-currency-guidance 

https://www.irs.gov/pub/irs-drop/n-14-21.pdf 

So you need to decide how you held it to decide if losses are reportable.