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How can the Crypto CSV template determine cost basis with only one Date field?
I'm attempting to input cryptocurrency transactions in a format that TurboTax and understand, but I'm having 2 issues:
1) The template and article do not clearly state what "date" should reflect; the purchase or sale date?
2) How is it possible for TurboTax to determine cost basis if it only requires one date?
I'm using CoinTracking, which is not a supported vendor but CT does export various formats that the IRS would accept. I'm open to simply submitting an 8949 separately, somehow.
Thanks
1) The template and article do not clearly state what "date" should reflect; the purchase or sale date?
2) How is it possible for TurboTax to determine cost basis if it only requires one date?
I'm using CoinTracking, which is not a supported vendor but CT does export various formats that the IRS would accept. I'm open to simply submitting an 8949 separately, somehow.
Thanks
Topics:
‎January 24, 2023
2:31 PM