How can I enter a crypto Form 8949 with FreeTaxUSA?
Menu Path: Income > Common Income > Investments and Savings (1099-INT/DIV/B/DA)
If you used a crypto tax service to prepare a Form 8949, we recommend entering your crypto sales as a summary.
With the summary option, you'll enter your total long-term sales and short-term sales from your crypto 8949. The IRS requires a summary statement for any investment that wasn't reported on a Form 1099-DA or consolidated 1099. You may use your crypto Form 8949 as your summary statement. If the IRS requires a summary statement, there will be a screen to attach your crypto Form 8949 to your return so it can be sent to the IRS when you e-file.
If you don't have very many crypto transactions on your crypto 8949 and would like to enter the sales individually, we support that. Choose to enter your sales "one at a time" and enter each row of your crypto 8949 as a separate sale.
More Information on Crypto Taxes
If you used a crypto tax service to prepare a Form 8949, we recommend entering your crypto sales as a summary.
With the summary option, you'll enter your total long-term sales and short-term sales from your crypto 8949. The IRS requires a summary statement for any investment that wasn't reported on a Form 1099-DA or consolidated 1099. You may use your crypto Form 8949 as your summary statement. If the IRS requires a summary statement, there will be a screen to attach your crypto Form 8949 to your return so it can be sent to the IRS when you e-file.
If you don't have very many crypto transactions on your crypto 8949 and would like to enter the sales individually, we support that. Choose to enter your sales "one at a time" and enter each row of your crypto 8949 as a separate sale.
More Information on Crypto Taxes
