topic 445 transactions of crypto imported, but during federal review, it is asking me 445 times if I got a 1099-B. in Get your taxes done using TurboTax

445 transactions of crypto imported, but during federal review, it is asking me 445 times if I got a 1099-B.

Tearinitup537 — Mon, 09 Mar 2026 04:35:16 GMT

I imported this years crypto items using Koinly and Cointracker.io (both do the same problem), during the income part of the turbo tax online interview. This correctly added 445 items and the total tax liability I was expecting. Now that I am to the end of the process, the "federal review" todo list has found 445 items for me to review, and each one asks me the same 3 questions... Did I get a 1099-B from Koinly (no), Where did I get the crypto (I bought it), Do you have any other expense (None that apply). Each of these takes 10 seconds or so to load, and I can't seem to find a way to answer them all. Please help, it would take many hours to click through these 1 at a time.

Re: 445 transactions of crypto imported, but during federal review, it is asking me 445 times if ...

HelenC12 — Tue, 01 Mar 2022 15:16:31 GMT

The problem is that the IRS expects each transaction looked at in case any of the transactions were losses due to personal use, such as lunch at Starbucks or payments towards bills, etc.

Losses on use of personal property should not be included on your return.
However. all the gains are included along with any transactions that were investment related.

One option is to do this outside of TurboTax and only enter the total lines for short term and long term transactions that do qualify to be reported. Please see the TurboTax FAQ: How do I enter a large number of stock transactions in TurboTax Online?

Source: AmyC

Re: 445 transactions of crypto imported, but during federal review, it is asking me 445 times if ...

Tearinitup537 — Tue, 01 Mar 2022 16:47:59 GMT

Thank you for your reply, I def understand that I can summarize my gains and loses. This is the first year of significant crypto transaction volume for me, and it seems for many. The built in feature that is specifically built to pull in raw gains/loses and build your 8949 on the fly seems to have missed the mark a little. If I am pulling in several hundred transactions using their built in importer but them am forced to spend about 60 seconds of time on every line item during an exit interview, the tool missed the mark.

That seems like such a basic concept that I guess I am here hoping that I just missed the "checkbox" during the import from koinly that said, "did you get a 1099-B from koinly" once, rather than "did you get a 1099 from koinly" 445 times. Probably just time to ditch TT honestly.