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1040 Schedule 1 Crypto question

The-Tax-Lady
Level 9

Any final answers on the Schedule 1 that is theoretically, auto-populating a YES or No answer to the Crypto currency question?

It is not checking any box and, unless I'm missing it, I do not see where that question can be answered on the Federal Information Worksheet.

It cannot be manually checked on the Schedule 1 and the Schedule 1 is printing with the Filing and Client copies.

Anybody e-filing with it blank, anyway?

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3 Comments 3
garman22
Level 13
Level 13

https://proconnect.intuit.com/community/proseries-discussions/discussion/re-virtual-currency-questio...

 

I asked a little while back. There was nothing definitive (if memory serves from a moderator).  

The-Tax-Lady
Level 9

OK, when you do the review, it will ask you to check the box yes or no. I know many of you do not use the "review' option, but that's where you can answer that question, as of today.

garman22
Level 13
Level 13

I use the review more at beginning of the season and on complex returns. 

That is also where I saw and why I asked my original question. 

But its good to tell others where to find @The-Tax-Lady