topic Coinbase Import for Desktop Client in Get your taxes done using TurboTax

Coinbase Import for Desktop Client

sck352 — Sun, 16 Feb 2020 22:56:21 GMT

TurboTax says it can manage your Crypto with TurboTax Premier but I cant find where you would import the CSV file from Coinbase. All of the instructions I have found online are for the online version of TurboTax.

Re: Coinbase Import for Desktop Client

DeanM15 — Sun, 16 Feb 2020 23:37:33 GMT

Unfortunately, the TurboTax Desktop CD/Download versions of Premier do not have a special section for Cryptocurrency and do not import a CSV file from Coinbase.

Only the TurboTax Online versions have this functionality currently.

Re: Coinbase Import for Desktop Client

Steve75204 — Tue, 18 Feb 2020 23:47:50 GMT

Bottom line. Turbo tax does not support filers who own crypto. Do we know which companies that do? (HRBlock?)

Re: Coinbase Import for Desktop Client

iamsands — Wed, 04 Mar 2020 02:04:55 GMT

Wow! This stinks! I purchased the download for that specific purpose. It will cost more to purchase the programs than I'll get back. What is a cost efficient solution for this?Turbo Tax should correct this or stop advertising that Premier can download the CB forms. ridiculous

Re: Coinbase Import for Desktop Client

sendkal — Fri, 06 Mar 2020 17:01:15 GMT

Its strange why TurboTax is causing this problem for those using desktop version. Now, I'll have to use some other softwares I guess to get that info.

Re: Coinbase Import for Desktop Client

Kali 81 — Fri, 25 Mar 2022 18:43:25 GMT

I see. Thank you for your honest answer. Not happy with TT for misleading us all on this I mean how difficult can it be if it is already available for online customers? Can this added by in an Update? Is TT even aware or care?

Re: Coinbase Import for Desktop Client

sck352 — Fri, 25 Mar 2022 19:42:47 GMT

Tax bit does offer a method to pull from coin base and import into TT premier desktop. I did that this year. It's frustrating that cointracker data continues to only be supported in the online version of TT.

Re: Coinbase Import for Desktop Client

Kali 81 — Fri, 25 Mar 2022 20:39:38 GMT

Thank you! I will have to re-think buying TT.

Will the free version of taxbit allow the upload to TT?

Re: Coinbase Import for Desktop Client

HelenC12 — Mon, 28 Mar 2022 15:20:17 GMT

No, Taxbit is not supported by TurboTax for import.

You can now import your cryptocurrency transactions from more than 15 different cryptocurrency services directly into TurboTax. Crypocurrency transactions are only supported in TurboTax Online and the TurboTax mobile app at this time.

TurboTax supports imports from these cryptocurrency services.

Robinhood
Coinbase
Coinbase Pro
Gemini
Binance.US
Crypto.com
Kraken
Uphold
Celsius
Bittrex
FTX.US
CoinTracker
BitStamp
Gate.io
CEX.IO
Poloniex
Bitfinex
HitBTC

We’re working to support more exchanges in the future.