How to Enter Cryptocurrency Information in TurboTax
TurboTax Intelligent Tax Optimization (ITO)
TurboTax ITO is a cryptocurrency aggregator that can help you track your crypto transactions and calculate your crypto taxes. If you have used ITO, you can import your crypto transactions into TurboTax.
To enter cryptocurrency information in TurboTax:
- Navigate to TurboTax Online and select the Premier or Self-Employment package.
- Create an account below the sign-in option or simply sign in if you already have an account.
- Follow the on-screen instructions to import your crypto transactions from ITO.
- Review your crypto transactions and make any necessary adjustments.
- Continue filing your taxes as usual.
Cryptocurrency taxes can be complex, but TurboTax can help you make sure you are reporting your crypto transactions correctly. By following these steps, you can easily enter your cryptocurrency information in TurboTax and file your taxes with confidence.
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