This article is for information only and is not tax advice.
The question asks whether you bought and sold cryptocurrency, such as Bitcoin (BTC), Ether (ETH), or Solana (SOL), etc.. It asks whether you received, sold, exchanged, gifted, or otherwise disposed of a digital asset during 2026.
What do I answer if I only bought crypto?
Answer No. Buying crypto without selling it counts as not trading.
What do I answer if I did not trade crypto?
Answer No.
What do I answer if my crypto transactions are on a Form 1099-B?
Answer No. Sprintax opens a separate Crypto Report sub-step in Step 3 (Let's talk money) when you answer Yes. If you have a Form 1099-B, entering the same details again would duplicate them.
What are the key facts about the digital asset question?
The following table summarizes the answers in Sprintax.
| Situation | Your answer |
|---|---|
| You did not trade crypto | No. |
| You only bought crypto and did not sell it | No. |
| Your crypto transactions are reported on a Form 1099-B | No. Entering them again would duplicate them. |