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Is it possible to import online turbotax to desktop for tracking cryptocurrency gains and losses?

avatarAleem AhmadDec 14, 2021 · 3 years ago3 answers

I am wondering if it is possible to import my online turbotax data to my desktop version for tracking my cryptocurrency gains and losses. I have been using turbotax online for my tax filing, but I find it more convenient to have the data stored locally on my computer. Can I import my cryptocurrency transactions from turbotax online to the desktop version?

Is it possible to import online turbotax to desktop for tracking cryptocurrency gains and losses?

3 answers

  • avatarDec 14, 2021 · 3 years ago
    Yes, it is possible to import your online turbotax data to the desktop version for tracking cryptocurrency gains and losses. You can export your cryptocurrency transactions from turbotax online in a compatible format, such as CSV or Excel, and then import them into the desktop version. This way, you can have your data stored locally on your computer and easily track your gains and losses.
  • avatarDec 14, 2021 · 3 years ago
    Unfortunately, importing online turbotax data to the desktop version for tracking cryptocurrency gains and losses is not supported. The online and desktop versions of turbotax have different functionalities and data structures, making it difficult to import data between the two. However, you can manually enter your cryptocurrency transactions into the desktop version to track your gains and losses.
  • avatarDec 14, 2021 · 3 years ago
    Absolutely! You can import your online turbotax data to the desktop version for tracking cryptocurrency gains and losses. Simply follow these steps: 1. Export your cryptocurrency transactions from turbotax online in a compatible format. 2. Open the desktop version of turbotax and go to the import section. 3. Select the file you exported and follow the prompts to import your transactions. Now you can easily track your gains and losses using the desktop version.