Hey so I imported everything properly into turbotax but I am wonder how I would go about reporting the “expenses” which would be the gas fees, approval fees and failed tx fees into my tax report.
Hi @Schan
Koinly provides you with an expenses report, which lists any expenses related to your crypto transactions. While we offer a guide on using TurboTax, we do not provide specific tax advice.
If you are unsure how to input these expenses in TurboTax or whether they qualify as deductions, we recommend consulting a tax professional. They can ensure your reporting aligns with IRS regulations and is correctly filed based on your individual tax situation.
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