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April 13, 2025
Question

Where do i go to change my crypto capital gain back to short term from long term?

  • April 13, 2025
  • 1 reply
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    1 reply

    April 13, 2025

    The TurboTax software assigns the gains and losses on the basis of long-term and short-term.

     

    • Short-term gains or losses come from the sale of investments owned one year or less.
    • Long-term gains or losses come from the sale of investments held more than one year.

    To change or correct a transaction, review the Purchase date and Date sold in the investment entry.

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