where does turbotax ask about cryptocurrency

Last Updated on December 11, 2022 by Paganoto

How to File Cryptocurrency Taxes with TurboTax (Step-by-Step)

Within the Wages and Income section, scroll down to the Investment Income portion. Select start for 'Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)'.

Your Crypto Tax Guide – TurboTax Tax Tips & Videos

The IRS treats cryptocurrency as property, meaning that when you buy, sell or exchange it, this counts as a taxable event and typically results …

Crypto Tax Forms – TurboTax Tax Tips & Videos – Intuit

Reporting your crypto activity requires using Form 1040 Schedule D as your crypto tax form to reconcile your capital gains and losses and Form …

How do I report Bitcoin or other cryptocurrency as a capital gain?

Open or continue your return in TurboTax Online · Select Federal, and Wages & Income · Scroll down and select Show more next to Investment Income …

How To Report Crypto on TurboTax – TokenTax

Go to the Documents tab of your TokenTax dashboard. Click the “Create Report” button on the right side of the screen. You will then see a list …

How do I import my cryptocurrency transactions into TurboTax?

How to answer the 'virtual currency' question on your tax return

While buying and holding crypto doesn’t require a yes, you need to check that box if you sold, exchanged, mined digital assets or used it for …

This Crypto Question Will Be On Your Tax Return This Year

If you received crypto in exchange for services or goods, this is considered ordinary income and should be claimed on your tax return. And Mamie …

Cryptocurrency Tax Guide — How to File in 2022 – Time

If your only crypto-related activity this year was purchasing a virtual currency with U.S. dollars, you don’t have to report that to the IRS, …

How to submit your cryptocurrency report using TurboTax

1. Visit the TurboTax Website · 2. Choose your package · 3. Provide your details · 4. Navigate to the “Wages & Income” section · 5. Select Cryptocurrency in the …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.