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Get your taxes done using TurboTax
SOLVE:
You can import to your crypto trades using the column headers below...
Asset name | Purchase Date | Cost Basis | Date sold | Proceeds |
...note that the error message TT provides states the first column should be "Currency Name" but that will NOT map and the coin name will not be imported. Make sure to label it "Asset Name"
NOTE: I agree the Coinbase CSV will not directly import, that is not TT fault though. TT is asking for paired trades buy/sell. Coinbase is not providing that, rather that are just exporting your transactions. Their export does NOT show which buy goes to which sell... This is a HUGE miss by Coinbase.
All stock brokerage firms started providing the 1099 info in 2011 due to regulations stemming the Emergency Economic Stabilization Act of 2008 (aka bank bailout of 2008), honestly not sure how Coinbase is getting away with this.