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Will the deluxe package be able to deal with my minor dabble in crypto (less that 200 dollars when pulled out) or will I need the premier

minot dabble in crypto - found out that its not for me
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2 Replies
rjs
Level 15
Level 15

Will the deluxe package be able to deal with my minor dabble in crypto (less that 200 dollars when pulled out) or will I need the premier

To report the sale of cryptocurrency in TurboTax Online you will need Premier or Self-Employed. Or you can use any edition of the CD/Download TurboTax software.

 

JamesG1
Expert Alumni

Will the deluxe package be able to deal with my minor dabble in crypto (less that 200 dollars when pulled out) or will I need the premier

You will need to use TurboTax Premier version or higher to report a sale of cryptocurrency in TurboTax Online

Any version of TurboTax CD/Download higher than Basic will handle this situation.

 

In TurboTax Premier Online, follow these directions.

  • Down the left side of the screen, click Federal.
  • At the top of the screen, click Wages & income.
  • Under Your income, click the Show more button to the right of Investment income.
  • Click Start / Revisit to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other.

TurboTax Help explaining different kinds of cryptocurrency income.

 

 

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