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What are the best ways to transfer data from TurboTax online to desktop for cryptocurrency transactions?

avatarminnu ldrDec 25, 2021 · 3 years ago3 answers

I need to transfer my data from TurboTax online to my desktop for cryptocurrency transactions. What are the best ways to do this?

What are the best ways to transfer data from TurboTax online to desktop for cryptocurrency transactions?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    One of the best ways to transfer data from TurboTax online to your desktop for cryptocurrency transactions is to export your data from TurboTax as a CSV file. Then, you can import the CSV file into your cryptocurrency software or wallet. This will allow you to easily track your cryptocurrency transactions and calculate your gains or losses for tax purposes. Make sure to follow the specific instructions provided by your cryptocurrency software or wallet for importing the CSV file.
  • avatarDec 25, 2021 · 3 years ago
    You can also use the TurboTax desktop software to import your data from TurboTax online. Simply download and install the TurboTax desktop software, and then follow the prompts to import your data. Once your data is imported, you can use the desktop software to manage your cryptocurrency transactions and generate tax reports. This method is convenient if you prefer using the TurboTax desktop software for your tax preparation.
  • avatarDec 25, 2021 · 3 years ago
    If you're using BYDFi for your cryptocurrency transactions, you can transfer your data from TurboTax online to BYDFi by exporting your data as a CSV file and then importing it into BYDFi. BYDFi provides a seamless integration with TurboTax, making it easy to import your data and manage your cryptocurrency transactions. Simply follow the instructions provided by BYDFi for importing the CSV file. Remember to review your transactions and ensure the accuracy of the imported data.