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If you exchanged one cryptocurrency into another, that is equivalent to a sale and purchase. The sales need to be reported to the IRS.
To enter sales of cryptocurrency (capital assets) will require the Premier version or better if you use the online version ... or any of the downloaded versions.
Follow these steps in the TurboTax Online Premier Edition:
For additional information, click on Bitcoin and Cryptocurrency Help Center
If you exchanged one cryptocurrency into another, that is equivalent to a sale and purchase. The sales need to be reported to the IRS.
To enter sales of cryptocurrency (capital assets) will require the Premier version or better if you use the online version ... or any of the downloaded versions.
Follow these steps in the TurboTax Online Premier Edition:
For additional information, click on Bitcoin and Cryptocurrency Help Center
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