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How can I import my Coinbase transactions to TurboTax?

avatarangryglitchNov 29, 2021 · 3 years ago1 answers

I am trying to import my transaction history from Coinbase to TurboTax for tax purposes. Can anyone guide me on how to do this? I want to make sure I accurately report my cryptocurrency transactions on my tax return.

How can I import my Coinbase transactions to TurboTax?
Digital Currency
Cryptocurrency
Coinbase

1 answers

  • avatarNov 29, 2021 · 3 years ago
    Importing your Coinbase transactions to TurboTax is a breeze! Just follow these steps: 1. Log in to your Coinbase account and go to the 'Tools' section. 2. Click on 'Export' and select the tax year you want to export. 3. Download the CSV file with your transaction history. 4. Open TurboTax and navigate to the 'Wages & Income' section. 5. Choose 'Cryptocurrency' and click on 'Add more income sources'. 6. Import the CSV file you downloaded from Coinbase. 7. Review the imported transactions and make any necessary adjustments. 8. Continue with the rest of your tax return. If you have any further queries, don't hesitate to ask.

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