JamesG1
Expert Alumni

Get your taxes done using TurboTax

TurboTax Premier Desktop will import a .TXF file but not a TXT.

 

  • Select Federal Taxes across the top of the screen.
  • Select Wages & Income across the top of the screen.
  • Select I'll choose what I work on.
  • Scroll down to Investment Income.
  • Click to the right of Stocks, Mutual Funds, Bonds, Other.
  • At the screen Let’s finish pulling in your investment income, select Add investments.
  • At the screen Let Us Enter Your Bank and Brokerage Tax Documents, select Import now.
  • At the screen Choose a Program to Import From, select .TXF file.  Select Continue.
  • At the screen Choose a File to Import, select Browse Files.  Select file.
  • Select Import Now.

See this TurboTax Help.

 

You also may be able to generate a .CSV file which may be imported into both TurboTax Premier Desktop.

 

  • Select Federal Taxes across the top of the screen.
  • Select Wages & Income across the top of the screen.
  • Select I'll choose what I work on.
  • Scroll down to Investment Income.
  • Click to the right of Stocks, Mutual Funds, Bonds, Other.
  • At the screen Let’s finish pulling in your investment income, select Add investments.
  • At the screen Let Us Enter Your Bank and Brokerage Tax Documents, select Skip Import.
  • At the screen OK, let’s start with one investment type, select Cryptocurrency and select Continue.
  • At the screen What's the name of the crypto service you used?, enter the information.  Continue.

See this TurboTax Help.

 

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