I'm going to answer my own question for those who come across this with a search. So with crypto, it appears that Turbotax cannot go to your exchange and download your transactions. It gets very complicated since you may have transactions from different exchanges, staking, air drops or whatever. Basically, you will need a third party software to do this and must follow their instructions. Once the third party software has done the calculations, they should provide you instructions on how to import it into Turbotax premiere. One way is the third party generates a CSV file which you can import to TurboTax ONLINE version only or the other is a TXF file which you import into the desktop version. I did it both ways to see if there's any difference. For me, the only difference was when I did the TXF file to desktop, I had to click on each transaction to mark if it was short or long term (even though the appropriate box was checked on the import) . On the online version, I did not have to do this. If you have a lot of transactions, this can be time consuming. Also, I noticed the decimal amounts for the trades were rounded up on the online version but they were not on the desktop version. In conclusion, both online and desktop TurboTax premiers allow you to file your taxes for cryptocurrency transactions, but you will likely need a third party software program to do your calculation and provide a CSV or TXF file for tax year 2021. If your wondering, the third party software I used was cryptotrader.tax which is listed as an authorized site on TurboTax
