Question

How do I enter cyrptocurrency into the desktop version of turbotax 2021?

Forum|Forum|1 year ago
February 12, 2025
1 reply
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I need help entering cryptocurrency. Trying to do my 2021 taxes. I've read online that I can use TurboTax Online Premier but there is only the newest version of it. I don't know what to do. Please help.

J

JamesG1

2021 versions of TurboTax Desktop may be found here.

Do you have an IRS form 8949 Sales and Other Dispositions of Capital Assets reporting your cryptocurrency activity?

Or do you have a downloaded file of your cryptocurrency activity? Or do you have something else? Please advise.

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E

Esteban123Author

I have this:

M

mglauner

Robinhood will send you two forms for crypto documents. You want the CSV form which is an Excel spreadsheet that contains all your crypto transactions. Download that file onto your PC.

Now that you have that file, go to TurboTax and click the "Add Investments" and continue until you see a "Enter a Different Way" at the bottom right, below all the options for the list of different Brokerages.

Now select the "Cryptocurrency" option (you'll notice it mentions CSV, 1099-B, 1099-K) and hit Continue. From here you can have the option to upload the file you downloaded earlier (the Robinhood Crypto CSV).

Here's more info on Crypto and Taxes.

@Esteban123