Having to confirm purchase of each crypto transaction after CSV import

[SirDave]

 I thought Robinhood would import seamlessly with TurboTax, since that is the tax software they suggest. Instead, I find myself downloading the CSV file of the cryptocurrency to import, which worked well until I got to the federal review and turbotax gave me a to-do list. I have to select each transaction and confirm that I purchased it. 

Not very user friendly for robinhood users. Please have the turbotax devs fix this. 

[AmyC]

The problem is that the IRS expects each transaction looked at in case of any of the transactions were loss due to personal use, such as lunch at Starbucks or payments towards bills, etc. Loss on use of personal property should not be included on your return. The gains are included along with any transactions that were investment related.

If you want to do this outside of the program and then enter only two lines,

• the total short term and the
• total long term transactions that do qualify, that is an option.

If you do the summary, you can just mail a copy of your  Robinhood forms to the IRS. The program will give you instructions.