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Get your taxes done using TurboTax
You can use Desktop versions if your crypto software can generate the date in a .txf format. Here are the instructions for CoinTracking. After you get a .txf file from your software, the rest of these instructions will work for you.
Using CoinTracking with TurboTax Home and Business Desktop Edition
You need to know whether you have a Desktop or Online edition of TurboTax in order to select the correct tax file to download from CoinTracking. Home and Business is always a Desktop version. I think that the Online version is called Small Business or Premier.
To download CoinTracking data, first generate a CoinTracking tax report. For US residents, use the “Best Prices” and “OPTI” settings under the Reporting tab > Realized and Unrealized Gains, or you can select these settings in the left column of the Tax Report page.
Next, generate your Tax Report. Open the report by selecting the Load Report button, which is at the top of the list at the bottom of the page.
Scroll down to the Capital Gains Report page. Click on the TurboTax button. This will open a new window. For Desktop users, select the “TurboTax (desktop version)” at the bottom of the page.
Here’s where it gets tricky. When you select Desktop, two choices appear right below. DO NOT select either one. First, notice that the Desktop instructions are now at the top of the page, having switched places with the Online instructions.
Select one of the three highlighted reporting choices, which will depend on your number of transactions. This will generate a .txf file, which will appear at the lower left of the window. Drag this to your desktop.
Now open TurboTax Desktop. Click on “File” in the black bar at the top. Then > Import > From accounting software > Other financial software (Txf file) > Continue. Select the correct file from a list that opens (select the one with today’s date) > Import now.
Done!