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Get your taxes done using TurboTax
In order to correctly report your taxable gain/loss from crypto transactions, several pieces of information are needed. One of the is the cost basis of the crypto sold. Basically, the price you paid for the crypto. I suggest the following steps:
1. Download the CSV from your Cash App.
2. Open the spreadsheet and do some cleanup. If under the cost basis/price paid column, you do not have any information, you need to enter it manually. You will probably need to go back to the time when you purchased/received the crypto to get it. Pay attention to the number of coins sold. For example, you bought 4 coins but sold only 1. Enter only the cost basis for 1 coin, not 4.
3. Share the cleaned-up spreadsheet with the TurboTax expert.
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‎April 15, 2025
2:13 PM