DeanM15
Expert Alumni

Get your taxes done using TurboTax

The Desktop CD version of TurboTax does not have a Cryptocurrency section. The TurboTax Online version of Premier does have a Cryptocurrency section. 

 

Zenledger is one of the supported partners for the Cryptocurrency section of the Online product. If you are working in the CD download version and you have a Zenledger aggregation, you can manually add a line of long term and a line of short term in the Stocks, Mutual Funds, Bonds, Other portion of the Investment section.

 

If you need to upload your Zenledger CSV file you can start a Premier online return. Upload last years .tax file to the Online program for any carryovers and to save typing. This will happen in the first couple of screens when opening the TurboTax Online return. Upload the ZenLedger CSV file to the Online product in the Investment section labeled Cryptocurrency. Then save your 2019 Online version to your desktop (see below). This will put the transactions on your Form 8949 and Schedule D, but there will be nothing in the Step by Step mode to indicate this. You will have to go to forms mode to see the transactions. Also if you have been doing any work on your return in the CD Download product, all of that will be lost and you will need to re-enter. You can not do this on a mobile device.

 

To save the .tax file in TurboTax Online to your computer:

 

  • While signed in and working in TurboTax
  • Click on Tax Tools in the left-hand menu
  • Then click on Tools
  • In the pop-up window, click Save your 2019 tax return to your computer.
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