I saw this question on turbotax when I was doing my personal 2024 tax return: Did you have crypto, NFTs, or other digital assets?> Yes, I either:Sold or disposed of a digital assetReceived one as payment or a rewardAwarded one to someone elseExchanged it for another digital asset, property, or cash> No It seems this question does not specify which year it is asking for. I only bought and sold some bitcoin and dogecoin in 2021 and before. And I do hold some bitcoin and dogecoin in my account currently and also in 2024. But I did not have any transaction related to crypto in 2024. Should I select "Yes" or "No" for this question?

TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Community

CPBR_TAX

Solved

What should I answer for the question "Did you have crypto, NFTs, or other digital assets?"?

Forum|Forum|1 year ago
March 21, 2025
1 reply
0 views

I saw this question on turbotax when I was doing my personal 2024 tax return:

Did you have crypto, NFTs, or other digital assets?

> Yes, I either:

Sold or disposed of a digital asset
Received one as payment or a reward
Awarded one to someone else
Exchanged it for another digital asset, property, or cash

> No

It seems this question does not specify which year it is asking for. I only bought and sold some bitcoin and dogecoin in 2021 and before. And I do hold some bitcoin and dogecoin in my account currently and also in 2024. But I did not have any transaction related to crypto in 2024. Should I select "Yes" or "No" for this question?

Best answer by CatinaT1

This is asking if you had any of the situations in 2024. So if you did not sell or dispose, receive payment or reward, or exchange in 2024, you would say no.

CatinaT1Answer

This is asking if you had any of the situations in 2024. So if you did not sell or dispose, receive payment or reward, or exchange in 2024, you would say no.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"