[{"data":1,"prerenderedAt":7},["ShallowReactive",2],{"faq-standard-8535":3},{"rec_id":4,"title":5,"text":6},"8535","Where do I enter cryptocurrency held for investment?","Menu Path: \u003Ci>Income > Common Income > Investments and Savings (1099-INT/DIV/B/DA)\u003C/i>\n\u003Cbr>\u003Cbr>\nEnter your cryptocurrency investment information on the \u003Ci>Your Investment and Savings Accounts\u003C/i> screen. Entering crypto investment sales will generate \u003Ci>Schedule D\u003C/i> on your tax return.\n\u003Cbr>\u003Cbr>\nIf the wallet or exchange you used provided a \u003Ci>Form 1099-DA\u003C/i> or consolidated 1099, enter the information from the \u003Ci>1099-DA\u003C/i> or consolidated 1099 into the software.\n\u003Cbr>\u003Cbr>\nIf you weren't provided a \u003Ci>Form 1099-DA\u003C/i> or consolidated 1099, you can either:\n\u003Cul>\n\u003Cli>Use your crypto transaction history from your wallet or exchange to enter your sales.\u003C/li>\nOR\n\u003Cli>Use a crypto tax service to generate a \u003Ci>Form 8949\u003C/i> of your crypto transactions. You can then enter the sales from your \u003Ci>Form 8949\u003C/i> into our software.\u003C/li>\n\u003C/ul>\nNote: If you choose to report a summary of your transactions, you can send the \u003Ci>Form 8949\u003C/i> your crypto tax service created as your summary statement.\n\u003Cbr>\u003Cbr>\n\u003Cb>More information on cryptocurrency held for investment:\u003C/b>\u003Cbr>\n\u003Ca href=\"/freefile2025/answers?faq=9730\">What if I exchanged one crypto currency for another?\u003C/a> \u003Cbr>\n\u003Ca href=\"/freefile2025/answers?faq=9732\">What if I used cryptocurrency to buy a product or service?\u003C/a>\n\u003Cbr>\u003Cbr>\n\u003Cb>More information on other cryptocurrency transactions:\u003C/b>\u003Cbr>\n\u003Ca href=\"/freefile2025/answers?faq=9733\">Do I need to enter cryptocurrency rewards or earnings even if I didn't receive a Form 1099-MISC?\u003C/a>\u003Cbr>\n\u003Ca href=\"/freefile2025/answers?faq=7732\">Where do I enter each type of Cryptocurrency income?\u003C/a>",1777391571015]