It is best to upload the .csv file to your desktop first. Then, save a new copy to change the columns if necessary to match TurboTax before importing.
The columns should be:
- Service name (examples: Coinbase)
- Asset name (examples: Bitcoin, Ethereum)
- Date of purchase
- Cost basis
- Date of sale
- Sale proceeds
Once you have edited the .CSV file to match this format, return to TurboTax.
Inside TurboTax Online from the search box, enter cryptocurrency. Select the Jump to link in the search results and follow the prompts.
- At Let's get your cryptocurrency info, select any of the tiles and Continue.
- You must select one of the tiles in order to get to the upload screen. Otherwise, enter each transaction individually.
- At Let's add your cryptocurrency transactions, drag and drop your CSV file.
For more information, see: How do I report Bitcoin or other cryptocurrency as a capital gain?
However, if you are mining cryptocurrency, then report this as self-employed income.
