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do i have to use cointracker or can i use another crypto software to calculate my crypto transactions?

 
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JamesG1
Expert Alumni

do i have to use cointracker or can i use another crypto software to calculate my crypto transactions?

Not necessarily.

 

You are able to import your crypto transactions from your exchange into TurboTax.  See TurboTax Help here.

 

If Cointracker or another crypto software will generate a CSV file, the CSV file may be imported directly into TurboTax.  See TurboTax Help here.

 

In the TurboTax Investor Center, you are able to import digital asset exchanges and wallets, including NFTs, to automatically calculate capital gains and losses.

 

The TurboTax Investor Center then generates a CSV file which is imported into TurboTax.

 

This TurboTax Help provides background.

 

You may create a TurboTax Investor Center account here.

 

Click on TurboTax Investor Center.

 

 

Then click Get started.

 

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