Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
B
belovedxiaomin20
February 22, 2025
Question

My crypto invest is under $ 600.00. I did not receive any 1099 form regarding this. My question is whether I still need to report this for the tax return?

  • February 22, 2025
  • 1 reply
  • 0 views
No text available

    1 reply

    M
    MAK70
    February 22, 2025

    Yes, you must report if you had cryptocurrency or other digital assets you received (as a reward, award or payment for property or services); or sold, exchanged, or otherwise disposed of a digital asset (or a financial interest in a digital asset).  See Digital assets | Internal Revenue Service.

    TurboTax Sign In Widget
    TurboTax flag icon

    Unlock tailored help options in your account

    Create an account
    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Terms & ConditionsAccessibility statement
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2022 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
    of Intuit Inc. Terms and conditions, features, support, pricing, and service options
    subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by
    C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    Accessibility

    TRUSTe nResult Certified e-File C-Level Security Certification