Does TurboTax Premier Desktop support Cryptocurrency transactions?

[Ashby]

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

[ravindra-jain]

My question is regarding the capability of Desktop Version to handle crypto transactions. I know that the Online Premier version handle it.

[Daniel-M-]

It looks like that the Cryptocurrency section is still not available in Turbotax Premier (2019) desktop version

[AllDespacito]

Looking for this as well. Was able to input it into the 2018 version but there's no section for it yet for Tax Year 2019 Deluxe...

[JamesG1]

I do not see a section by that name in Desktop Deluxe.  However, those entries can be reported on Desktop Deluxe.  Follow these steps.

• Click Federal taxes.
• Click on Wages & Income.
• Click on I’ll choose what I work on.
• Under Your Income Summary, see Investment Income.
• Click on Stocks, Mutual Funds, Bonds, Other
• Did you sell any investments?, Click Yes.
• Did you get a 1099B?, answer No.
• Choose the type of investment, click on Everything else.
• Enter description, proceeds, dates, cost, etc.

See here and here.

[SkylarkV]

Soooo, warning to active crypto-traders: TurboTax 2019 Premier download version is a HUGE waste of time and money! 

(Why did TurboTax do this???)

[sundbergca]

Agreed.  I was tricked into upgrading to Premier for the purpose of reporting cryptocurrency, but it's only in the app, not the downloaded desktop version.