Questions
TagsHow can I import my Coinbase transactions to TurboTax?
Beck BisgaardDec 29, 2021 · 3 years ago1 answersI 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.
1 answers
- 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.Dec 29, 2021 · 3 years ago
Related questions
- 85
What are the best digital currencies to invest in right now?
- 67
What is the future of blockchain technology?
- 63
What are the tax implications of using cryptocurrency?
Load 5 more related questions
Related Tags
Hot Questions
- 85
What are the best digital currencies to invest in right now?
- 67
What is the future of blockchain technology?
- 63
What are the tax implications of using cryptocurrency?
- 57
How does cryptocurrency affect my tax return?
- 34
Are there any special tax rules for crypto investors?
- 24
What are the advantages of using cryptocurrency for online transactions?
- 23
How can I protect my digital assets from hackers?
- 15
What are the best practices for reporting cryptocurrency on my taxes?