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New Member
posted Apr 13, 2025 4:50:04 AM

Where do i go to change my crypto capital gain back to short term from long term?

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1 Replies
Expert Alumni
Apr 13, 2025 6:07:54 AM

The TurboTax software assigns the gains and losses on the basis of long-term and short-term.

 

  • Short-term gains or losses come from the sale of investments owned one year or less.
  • Long-term gains or losses come from the sale of investments held more than one year.

To change or correct a transaction, review the Purchase date and Date sold in the investment entry.