Your taxes. Your way.
TurboTax helped more than 1 million crypto investors file taxes last year
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Frequently asked questions
Sign in to your exchange account. It’ll automatically import thousands of transactions and any tax forms you might have to calculate your gains and losses.
You’ll need to report your crypto as income if you received it as a payment, mined it, or earned it through exchange reward programs. The IRS treats crypto sales, exchanges and conversions as property and their earnings are considered capital gains.
The cost basis is how much money you spent to get an asset and is used to calculate your taxes. It includes the purchase price, transaction fees, brokerage commissions, and any other relevant costs.
It depends on whether your cryptocurrency was considered earned income or treated as a property sale. Either way, you enter your crypto transactions in the same place in TurboTax. We'll ask you questions to figure out how to report your earnings or loss.