topic coinbase - csv form in Get your taxes done using TurboTax

coinbase - csv form

gculbertson — Mon, 09 Mar 2026 08:40:14 GMT

I enter in my coinbase csv form and when I go to check my federal it logs the sold crypto as errors - asks me to get a 1099-B from coinbase. I just grabbed the report it had on the site. Coinbase-2021-CB-TURBOTAX-GAINLOSS.csv

Re: coinbase - csv form

HelenC12 — Wed, 09 Mar 2022 17:37:44 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: coinbase - csv form

gculbertson — Wed, 09 Mar 2022 17:50:14 GMT

ok so it might just be easier to do this manually and look at the FAQs you attached?

Re: coinbase - csv form

HelenC12 — Wed, 09 Mar 2022 18:09:39 GMT

Yes, that way you don't have to edit all of the transactions. You'll have to delete the imported information because you won't be able to E-file with errors. To edit or delete what you imported, see How do I update or delete something I imported into TurboTax? Then follow my instructions to enter your transactions using "summary".