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Location of Crypto sale reporting

Why do I not find "Crypto (1099-B)" in the "Investment income" section under "Wages and Income"?

 

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3 Replies
rjs
Level 15
Level 15

Location of Crypto sale reporting

Are you using TurboTax Online or the CD/Download TurboTax software?


The CD/Download TurboTax software does not have a special section for sales of cryptocurrency. You enter it the same as if it were stock.


In TurboTax Online I believe the full title of the section is "Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)."


See the following FAQ.


How do I report Bitcoin or other cryptocurrency as a capital gain?

 

Location of Crypto sale reporting

Yes, I'm using the CD, not online.    The TurboTax documentation does not make this distinction clear.   Thanks for your info.

Location of Crypto sale reporting

Do you want to import it?  There is a way.  

You can only import crypto into the Online version.  For Desktop program you can start a free online return to import it then switch and open your return in the Desktop program.  See answer here,

https://ttlc.intuit.com/community/taxes/discussion/i-have-the-turbotax-premier-but-it-s-not-supporti...

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