Turbotax crypto reporting

turbotax crypto reporting

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How do I import my cryptocurrency transactions into TurboTax? - TurboTax Support Video
You'll need to report your crypto as income if you sold it, received it as a payment, mined it, or earned it through exchange reward programs. The IRS treats. Log in to TurboTax and go to your tax return. In the top menu, select file. Select import. Select upload crypto sales. Under what's the name of. After calculating all of your capital gains or losses on Schedule D, you need to report any cryptocurrency income from non-trade or exchange.
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More products from Intuit. Professional tax software. More products from Intuit. You treat staking income the same as you do mining income: counted as fair market value at the time you earn the income and subject to income and possibly self employment taxes.