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This is a notice we received from Robinhood:
This is a Robinshood issue. This if from Robinhood.com:
Importing Trade History to TurboTax
We’re still fine tuning our integration with TurboTax to give you the best experience possible. When that’s done, we’ll be sure to post detailed, step-by-step instructions on how to import your tax documents from Robinhood. Stay tuned for updates!
The link is below if you want to refer back to it to watch for updates.
And 2019 and 2020. Its the same every year and they'll never fix it.
Dont waste your time. Its total garbage. You'll end up being forced in an infinite death spiral of manual keying dates in that will never resolve in TT because the Robinhood upload is not structured correctly. Worst of all TT is sooo F-ing slow with too many click throughs you'll have to take a day off of work just to sit there and wait for their horrific UI to cycle because they make you page through all your transactions to edit them rather than putting them all on one infinite scrolling page. Its truly one of the worst user experiences imaginable and aligns very well with the newly minted reputation of Robinhood, who has defamed their very own meaning of their name.
Yes! The import cannot take over 2100+ entries, so a did a work-around, although it did take about 10 minutes to prepare. The PDF file has a much shorter length.
I converted the Robinhood Crypto 1099-B.pdf to an Excel sheet.
Left the header of Robinhood.
Removed all the unrelated text simply by highlighting the rows, right-click, and selecting delete.
Used the TurboTax CSV convention for the categories.
Saved the copy as a *.csv file.
Here is how to start:
Provider: Robinhood Crypto LLC | ||||
Disclaimer: | ||||
ASSET NAME | RECEIVED DATE | COST BASIS(USD) | DATE SOLD | PROCEEDS |
BTC | 10/7/2019 | 10480.53 | 6/2/2020 | 13455.88 |
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