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Get your taxes done using TurboTax
TurboTax supports CSV files uploaded from these cryptocurrency services.
- Bitcoin.Tax
- BitTaxer
- Coinbase
- CoinTracker
- CoinLedger
- Robinhood
- TokenTax
- ZenLedger
Unfortunately, Webull is not on the list of cryptocurrency services compatible with TurboTax. There is the option to manually enter your cryptocurrency transactions. Here are the steps to follow to manually enter these transactions.
- Sign-in to TurboTax, and open or continue your return
- In the Wages and Income section under Investments and Savings (or Investment Income), select Start or Revisit next to Crypto (1099-B)
- On the next screen, you may see Did you sell any of these investments in 2021? or Time to kick off your investments!, select either Yes or Okay!
- On the We can make this faster screen, select Enter a different way, and then select Cryptocurrency on the following screen. If, instead, you’re asked to select an investment type, select Cryptocurrency
- You’ll then see the Get ready to be impressed screen. Select Continue, then select Try another way
- Select Type it in myself on the Select your crypto experience screen
- On the Let’s enter your crypto tax info screen, search for your cryptocurrency exchange
- On the Did you get a 1099-B screen, answer accordingly
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- If you didn’t get a 1099-B, skip to step 11
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- Continue answering the interview questions to help us determine the best way to enter your transactions, then select Continue
- Depending on your answers, we’ll recommend either entering your sales One by one or as Sales section totals
- If you answered yes to getting a 1099-B in step 7, we’ll help you find your sales on your form. Then select Continue
- Enter your sale information on the next screen, then select Continue
- Review your sales information. Repeat these steps for any additional transactions.
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February 6, 2022
1:53 PM