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beevee111
New Member

Crypto Futures Trading

Hi,

how do I fill my Crypto Futures Trading in Turbotax?

I already have all the Koinly reports, I just don't know where to input the Futures trading properly.

The spot trading was entered as Capital Gains,
the futures trading maybe in Other Income?
But, the thing is, I have a loss in my future trading, and it does not let me enter a negative value.
So what now?

Thanks a lot!

1 Reply
mandeepk
New Member

Crypto Futures Trading

This is going to depend on the classification of the income.

 

Here are some links to addition resources that might be of help to you: 

A Guide to Cryptocurrency and NFT Tax Rules

Your Crypto Tax Guide

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