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April 18, 2023
Question

Can you report crypto losses to offset your income/gains on the free version for turbotax? if not, what is the most inexpensive version that can do this?

  • April 18, 2023
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1 reply

April 18, 2023

No.  The free version of TurboTax cannot handle claiming cryptocurrency losses.  You will probably need TurboTax Premium; however, you can start with the free version, and when you begin to enter your cryptocurrency losses, TurboTax will prompt you to upgrade.  

 

@andr952158 

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