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Sierra9
New Member

Turbotax Premier Desktop - Can't enter fractional amounts or multiple years for crypto sales

Hi, I'm using Turbotax 2024 desktop (Canadian version), and when completing the crypto section for a few tokens I've sold, I am forced to round the number of "shares" for each token to the nearest whole number. My transactions were all fractional amounts though. It seems odd that fractional numbers are not allowed when most crypto transactions are fractional (usually with many decimals, too). Is there any way to avoid having to round the number, or any advice as to how I should approach this? For now I just rounded the number of shares and included the actual fractional amount of the transaction in the description along with the type of coin or token. For example, SHARES: "1", DESCRIPTION: "0.001 Bitcoin (BTC)".

 

It's also really unintuitive since every line allows only one "year acquired". If someone buys multiple times over the years and then sell it all at once, what are they supposed to do? The only solution I can see is choosing one year to enter (the oldest one of the bunch?), since it doesn't make sense to break up a single sale into phantom transactions just to try to make the "years acquired" match up.

 

Any help on this two points would be appreciated, thank you.

 

Thank you.