Purchased turbotax software cd and I dont find the cryptocurrency option in there, I can see it in online edition. The cd version is not having the same. How do I report

[KarenJ]

Unfortunately, for some reason they did not include the cryptocurrency import feature in the cd/Desktop version.  Hopefully they will by next season.  You just report your cryptocurrency gains/losses as you would a stock sale.

Sales of crypto currencies are reported using the "Stocks, Mutual Funds, Bonds, Other" interview, telling TurboTax that no 1099-B was received.  As to the "type" of investment sold you can simply use "Everything else."

Even a "swap" of one cryptocurrency into another cryptocurrency is considered a reportable sale.  You convert the new cryptocurrency received into US Dollars at the spot price of the new coin at the time of the sale; that's the reported "proceeds" for the sale of the old coin and it's also the basis of the new coin.