# How to report Expenses (gas fees, approvals, failed tx) on Turbotax?

**URL:** <https://discuss.koinly.io/t/how-to-report-expenses-gas-fees-approvals-failed-tx-on-turbotax/24772>\
**Category:** Tax Questions\
**Created:** [March 6, 2025, 7:22pm UTC](https://discuss.koinly.io/t/how-to-report-expenses-gas-fees-approvals-failed-tx-on-turbotax/24772 "2025-03-06T19:22:13Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![Schan](https://yyz2.discourse-cdn.com/flex052/user_avatar/discuss.koinly.io/schan/32/5933_2.png) [@Schan](https://discuss.koinly.io/u/Schan)\
**Post date:** [March 6, 2025, 7:22pm UTC](https://discuss.koinly.io/t/how-to-report-expenses-gas-fees-approvals-failed-tx-on-turbotax/24772/1 "2025-03-06T19:22:13Z")

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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.

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**Author:** ![Aria\_Koinly](https://yyz2.discourse-cdn.com/flex052/user_avatar/discuss.koinly.io/aria_koinly/32/9150_2.png) [@Aria\_Koinly](https://discuss.koinly.io/u/Aria_Koinly)\
**Post date:** [March 6, 2025, 7:27pm UTC](https://discuss.koinly.io/t/how-to-report-expenses-gas-fees-approvals-failed-tx-on-turbotax/24772/2 "2025-03-06T19:27:38Z")

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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](https://support.koinly.io/en/articles/10586971-filing-using-turbotax#h_d9616c44c2), 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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**Author:** ![system](https://canada1.discourse-cdn.com/flex052/uploads/koinly_app/original/1X/7ac58e5593a7122893d066794a7254dcdb5ddb31.png) [@system](https://discuss.koinly.io/u/system)\
**Post date:** [May 5, 2025, 7:27pm UTC](https://discuss.koinly.io/t/how-to-report-expenses-gas-fees-approvals-failed-tx-on-turbotax/24772/3 "2025-05-05T19:27:55Z")

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