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March 2, 2025
Question

What should I choose for the type of transaction for some cryptocurrency that I sold? In the drop down menu, sold is not an option.

  • March 2, 2025
  • 1 reply
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I imported my files from the website, but, it wants me to edit some transactions.

    1 reply

    March 9, 2025

    It sounds like you imported your Form 1099-B.  If the transactions were reported on a Form 1099-B, that form would tell you which category to select for your transactions.  If you don't have a copy you can download the form from your broker's website.  You could have multiple categories on the same Form 1099-B.  If the transactions were not reported on a Form 1099-B, the transaction type would either be "Short-term transactions not reported to you on Form 1099-B" if you held the position one year or less. or "Long-term transactions not reported to you on Form 1099-B" if you held the position more than one year.

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