Skip to main content
February 8, 2020
Question

When filing selling bitcoin for usd, what do I file my earnings under?

  • February 8, 2020
  • 1 reply
  • 0 views
No text available

1 reply

February 8, 2020

Cryptocurrency is bought and sold as an investment, not as a currency. TurboTax has an area to enter your Crypto transactions.

 

While working and signed into TurboTax Online:

 

Click on Federal in the left-hand side black menu

Click on Income and Expenses

Scroll down until you see Investment Income, click Show More.

Next to Cryptocurrency, click on Start or Revisit.

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