common-close-0
BYDFi
Trade wherever you are!

How to add 1099 on turbotax for cryptocurrency earnings?

avatarFlindt CooneyDec 17, 2021 · 3 years ago3 answers

I need help with adding my 1099 form for cryptocurrency earnings on TurboTax. Can someone guide me through the process step by step?

How to add 1099 on turbotax for cryptocurrency earnings?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure, I can help you with that! To add your 1099 form for cryptocurrency earnings on TurboTax, follow these steps: 1. Log in to your TurboTax account and open your return. 2. Navigate to the 'Federal' section and select 'Wages & Income'. 3. Scroll down and click on 'Add more income'. 4. Look for the 'Cryptocurrency' category and select it. 5. Enter the information from your 1099 form, including the amount earned and any other relevant details. 6. Continue following the prompts to complete the process. If you have any specific questions or encounter any issues, feel free to ask!
  • avatarDec 17, 2021 · 3 years ago
    Adding your 1099 form for cryptocurrency earnings on TurboTax is easy! Just follow these simple steps: 1. Login to your TurboTax account and open your tax return. 2. Go to the 'Federal Taxes' section and click on 'Wages & Income'. 3. Scroll down and click on 'Add more income'. 4. Look for the 'Cryptocurrency' category and select it. 5. Enter the information from your 1099 form, such as the amount earned and any other required details. 6. Follow the on-screen instructions to complete the process. If you need further assistance, don't hesitate to ask!
  • avatarDec 17, 2021 · 3 years ago
    Adding your 1099 form for cryptocurrency earnings on TurboTax is a straightforward process. Here's what you need to do: 1. Log in to your TurboTax account and open your tax return. 2. Navigate to the 'Federal' section and select 'Wages & Income'. 3. Scroll down and click on 'Add more income'. 4. Look for the 'Cryptocurrency' category and choose it. 5. Fill in the details from your 1099 form, including the amount earned and any other relevant information. 6. Follow the prompts to complete the process. If you have any further questions, feel free to ask!