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Level 2
posted Mar 6, 2023 8:15:52 AM

Error loading crypto transactions from BinanceUS. How to resolve it? (The USDT amount withdrawn is greater than what’s available from Binance.US)

The error is mentioned in the questions (The USDT amount withdrawn is greater than what’s available from Binance.US). Doesn't tell which transactions has issues or any information on how to resolve it.

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1 Best answer
Level 2
Mar 28, 2023 1:24:50 PM

I am finally able to resolve it. I didn't check the instructions correctly(or they might have changed). I needed to make a consolidated csv for all years of transactions to make it work. But the error was so vague, it is impossible to figure out why it was not working. Thanks for your help! 

7 Replies
Intuit Alumni
Mar 6, 2023 10:46:19 AM

Please see the information in this TurboTax Help Article for assistance with cryptocurrency transactions.

Level 2
Mar 16, 2023 9:44:42 AM

I have loaded the complete crypto CSV(for year 2022) that BinanceUS has provided according to instructions on Turbotax mentioned for BinanceUS. I get this error; and this issue with this error is it doesn't specify which transactions it has issue with and I can't add anymore transactions that what BinanceUS gave me. So, I am stuck in a limbo to how to proceed forward. I also noticed that number of transactions(on Turbotax) once I uploaded the CSV are more than the ones on present on CSV. I don't know if that has something to do with the issue.

Expert Alumni
Mar 16, 2023 12:33:11 PM

As a possible workaround to the uploading issue, have you tried uploading smaller csv files rather than one large csv file? For example, maintain as is your Binance csv file which includes all of your cryptocurrency transactions.  Then copy and paste into another csv file some of those transactions from your Binance csv file and try to upload that smaller file.  If this works, continue the process. 

 

If this does not work, continue to post the issues that you are seeing.  There is no need to re-post the screen shot of the error message you included in your post.  If you see the same or similar error, you can just let us know the same error message remains.  

 

@anirudh4uhere 

Level 2
Mar 16, 2023 12:35:50 PM

It is a really small file(4KB/253 transactions). Once loaded it is showing 290 transactions somehow! 

Expert Alumni
Mar 16, 2023 12:55:16 PM

Can you try uploading a csv file containing fewer transactions, maybe 25 transactions, or 50 transactions.  With fewer transactions we may be able to better isolate the transactions that are producing the error.  

 

@anirudh4uhere 

Level 2
Mar 28, 2023 1:24:50 PM

I am finally able to resolve it. I didn't check the instructions correctly(or they might have changed). I needed to make a consolidated csv for all years of transactions to make it work. But the error was so vague, it is impossible to figure out why it was not working. Thanks for your help! 

New Member
Apr 16, 2023 9:34:04 PM

What does "consolidated csv for all years of transactions " mean and how do you make one? Like for every year going back to the beginning of my crypto history? I'm using Koinly and it doesn't give an option to create all of the past years' total transactions but ore so I also used it last year with TT and it didn't need anything like this done.