Apollo76
New Member

Investors & landlords

I think the issue here is from people who bought TurboTax Premier desktop version and then found it doesn't handle this. Frankly, it's more than surprising. 

 

It's possible to use the EasyTFX that people mentioned. There are  few issues:

- the website easytfx.com does not come up as a secure site 

- it converts a csv into special tfx format, but there isn't any application (on Mac) that can open it 

- you can import it into TurboTax Premier Desktop, but TurboTax doesn't tell you what it did with, what forms it creates, how it reports anything 

- TurboTax Premier Desktop takes this file, but doesn't check the 1040 box asking if you have crypto transactions  

 

CoinTracker provides documents, but those can't be uploaded to the TurboTax Premier Desktop, either. This is a very weak solution and I'm surprised TurboTax hasn't fixed it. The prompts don't even seem to ask about crypto. At a minimum I think there should be a dialogue box asking about crypto then indicating what the issue is and offering an update to the online or Live versions. I've been using this software for 25 years and this is the first real disappointment. But it's a big one...