JamesG1
Expert Alumni

Get your taxes done using TurboTax

Here are two possibilities.

 

If you are provided a tax reporting statement, you may be able to enter a summary for each sales category such as box A Short term covered or box D Long term covered.

 

Or

 

You may be able to convert your .csv file to a .txt file and upload it into TurboTax Desktop Premier version.  Follow these steps: 

  • Create a .csv file with all transactions using the format shown at Easytxf.
  • Used Easytxf to convert the .csv file into .txf file.
  • Import .txf file into Turbotax Desktop:    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.

@svacharya

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