Crypto Futures Trading

beevee111 — Sat, 26 Apr 2025 00:07:02 GMT

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!

Re: Crypto Futures Trading

mandeepk — Wed, 30 Apr 2025 18:35:07 GMT

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

topic Crypto Futures Trading in Importing your data

Crypto Futures Trading

Re: Crypto Futures Trading