JamesG1
Expert Alumni

Get your taxes done using TurboTax

In TurboTax Desktop, follow these steps to import a .txt file.  

  • File / Import / From Accounting Software / Other Financial Software (TXF) file /  Continue / Choose a File to Import / Import now.
  • A 1099-B with all crypto transactions is now created.   This entry can now be edited to include the account details.  Each transaction can be edited as well.
  • View the transactions under Federal Taxes / Wages & Income / I'll choose what I work on.
  • Scroll down to Stock, mutual funds, bonds, other.  Click Start / Update to the right.
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