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Where do I file capital gains

From coinbase
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1 Reply
JamesG1
Expert Alumni

Where do I file capital gains

Report the capital gains transactions by:

  • Downloading a .csv file from Coinbase, and
  • Uploading the .csv file into TurboTax.

Here's how to get your CSV file from Coinbase. 

  • Sign in to your Coinbase account.
  • In the Taxes section, select the Documents tab.
  • Generate and download the TurboTax gain/loss report (CSV) for 2021.

You will need to use TurboTax Premier version or higher to upload a .csv crypto file into TurboTax Online

 

In TurboTax Premier Online, follow these directions. 

  • Down the left side of the screen, click Federal.
  • At the top of the screen, click Income & Expenses.
  • Under Your income and expenses, click the Show more button to the right of Investment income.
  • Click Start / Revisit to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other. 
  • At the screen, Let's import your tax info, click Enter a different way.
  • At the screen OK, let's start with one investment type, select CryptocurrencyContinue.
  • At the screen Select your crypto experience, select Upload it from my computerContinue
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