common-close-0
BYDFi
Trade wherever you are!

What is the best way to import my digital currency earnings from last year into Turbotax desktop?

avatarThongNCDec 27, 2021 · 3 years ago3 answers

I earned some digital currency last year and I want to import it into Turbotax desktop for tax purposes. What is the best way to do this?

What is the best way to import my digital currency earnings from last year into Turbotax desktop?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The best way to import your digital currency earnings from last year into Turbotax desktop is to first download your transaction history from the exchange where you made the earnings. Most exchanges provide an option to export your transaction history in a CSV or Excel format. Once you have the file, open Turbotax desktop and go to the section for importing investment income. Look for the option to import from a file and select the file you downloaded. Turbotax will then process the file and import your digital currency earnings into your tax return.
  • avatarDec 27, 2021 · 3 years ago
    Importing your digital currency earnings into Turbotax desktop is super easy! Just follow these steps: 1. Log in to the exchange where you made the earnings. 2. Look for an option to export your transaction history. 3. Choose the CSV or Excel format. 4. Save the file to your computer. 5. Open Turbotax desktop and go to the section for importing investment income. 6. Select the option to import from a file. 7. Choose the file you saved. 8. Sit back and relax while Turbotax does the rest! If you have any issues, you can always reach out to Turbotax support for assistance.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we recommend the following steps to import your digital currency earnings from last year into Turbotax desktop: 1. Log in to the exchange where you made the earnings. 2. Find the option to export your transaction history. 3. Download the file in CSV or Excel format. 4. Open Turbotax desktop and navigate to the section for importing investment income. 5. Choose the option to import from a file. 6. Select the file you downloaded. 7. Let Turbotax handle the rest! If you encounter any difficulties, don't hesitate to contact Turbotax support for assistance. They're always ready to help you with your tax preparation needs.