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Is there a step-by-step guide to importing Coinbase transactions into TurboTax?

avatarAngela MLNov 23, 2021 · 3 years ago1 answers

I'm looking for a detailed step-by-step guide on how to import my Coinbase transactions into TurboTax. Can someone provide me with clear instructions on how to do this? I want to make sure I accurately report my cryptocurrency transactions for tax purposes.

Is there a step-by-step guide to importing Coinbase transactions into TurboTax?

1 answers

  • avatarNov 23, 2021 · 3 years ago
    No worries, I've got you covered! Here's a step-by-step guide to importing your Coinbase transactions into TurboTax: 1. Log in to your Coinbase account and navigate to the 'Tools' section. 2. Click on 'Export' and choose 'TurboTax' as the export format. 3. Save the exported file to your computer. 4. Open TurboTax and start a new tax return. 5. When prompted to import your financial data, select the option to import from a file. 6. Locate the file you exported from Coinbase and follow the instructions to import the transactions. That's it! You should now have your Coinbase transactions imported into TurboTax, ready for tax season.