The desktop TurboTax and the Online TurboTax handle crypto (taxation) the EXACT same way. The ONLY difference is your ability to import and attach transactions. You can import 1099-Bs in either platform. TurboTax Online allows you to upload CSV (comma separated values) files from your digital currency wallets, exchanges, and/or blockchains as well as import 1099-Bs. If you see help articles that reference 'uploading csv files' - those help articles will only apply to the Online version of TurboTax (Premier or Above). If you upload the transactions via a CSV file, you still have to go through and review them, so it doesn't necessarily lead to time savings or accuracy. Most crypto is entered manually for this reason, or if there are a substantial amount of capital gain transactions, you can enter them in a summarized format.
The importing features only work for capital gains transactions - when you sell, exchange or use crypto. This income does not go to ''other income''. Airdrops and staking awards can go to ''other income'', but NOT capital gains transactions. Those must be entered in the Investment Sales section. Ordinary income is taxed differently than capital gain income. Your tax return may not be accurate if you enter capital gains as ordinary income.
How is Crypto taxed?
Crypto Info Center - for all things crypto
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