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Level 2
posted Feb 8, 2022 2:08:12 PM

Hi there, anyone else having issues to connect to Crypto Exchanges e.g. Binance US, Coinbase Pro etc. using API?

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23 Replies
Intuit Alumni
Feb 9, 2022 9:36:15 AM

Can you please provide specific details about the issue you are experiencing with importing?

For more information on importing Cryptocurrency, please see the below TurboTax help article. 

How do I import my cryptocurrency transactions into TurboTax?

Level 2
Feb 11, 2022 7:51:18 AM

When I select Binance US to connect and import transactions via API, TurboTAX says "Please wait" for ~5-7 minutes then giving me the message that it couldn't import the data. I have tried multiple times, even on different browsers. The only exchange that I was able to connect was KuCoin so far. 

Expert Alumni
Feb 13, 2022 7:54:33 PM

Binance is a supported exchange.  Please check out the following article to be sure you're importing correctly.

 

TurboTax Cryptocurrency Info Center

 

It is a good idea to first clear your cache and cookies - which means removing all of the temporary programs that can gum up your web browser. 


Here is a link on how to clear your cache and cookies.

 

If that doesn't work, try using a different web browser.

Level 2
Feb 14, 2022 11:45:11 AM

yes, I am importing it correctly and I even used different browsers and cleared the cache multiple times. Please escalate this issue to the next level as this seems to be an issue on the back end. You may need to escalate it to the developers. 

Expert Alumni
Feb 14, 2022 1:47:19 PM

@mseker66  This issue appears centered on you.  Other cryptocurrency users are able to import from Binance at this point.

 

You are probably better off having someone walk through the return with you to look at your entries so I recommend getting live expert help.

 

Here is a link to finding a TurboTax expert.

 

However, that requires upgrading your product which may be an expense you don't want.  In that case you can call an expert and ask questions over the phone.

 

Here is a link to the TurboTax Phone Number.

New Member
Feb 17, 2022 8:06:48 PM

We are not seeing Binance as an option in the list of financial institutions - has it been removed from the list?

Level 2
Feb 18, 2022 8:40:31 AM

Click on "Enter a different way" then select the Cryptocurrency tile, and finally Import it from the exchange. Good luck and please let me know if it's work for you. 

Returning Member
Mar 30, 2022 1:19:03 PM

I cant connect my Binance account either. It does the exact same thing to me. I create the keys, enter them in Turbotax and it says Please Wait for about 5 minutes, then it just says it cant connect. This is really irritating. 

New Member
Mar 30, 2022 1:37:26 PM

I too am having this IRRITATING problem that appears to be "centered around" this person.

New Member
Mar 30, 2022 1:38:57 PM

I'm about ready to go to HRB. I'm looking for instructions on how to download forms from Binance to manually input but I too have tried multiple browsers, multiple days, multiple times. I was able to get coinbase added but definitely not Binance.US despite following the directions. This is infuriatingly annoying.

Returning Member
Mar 30, 2022 6:08:21 PM

I figured it out. Go to Cointracker.io and link your Binance account to that. Then choose Cointracker from the drop down menu in TurboTax. It worked great. 

New Member
Mar 30, 2022 6:22:45 PM

This is so dumb and annoying!!!!!!!!!! anyone get resolution? WTF

Returning Member
Mar 30, 2022 6:24:57 PM

I got it to work. Use Cointracker.io. Connect your Binance account to that and then link your Cointracker account in TurboTax. It's in the drop down menu. It's ridiculous that we have to do that but it works and took me less than 30 minutes. TurboTax assistance on this is useless.

New Member
Mar 30, 2022 6:39:34 PM

It connected the wallet but not any of the buy or sell orders on Binance.us...?

New Member
Mar 31, 2022 5:09:17 PM

I am using Online version of TurboTax, Where can I find the dropdown menu to choose cointracker option ?

thanks.

Returning Member
Apr 1, 2022 10:12:38 AM

When I was doing the income phase, I clicked the Crypto button and the next screen had a drop-down menu that had Cointracker in it. It's a different section than the drop-down where you add your back or investment firm. It has to be the Crypto section. Sorry I cant be more step-by-step. I'd have to have it in front of me. 

New Member
Apr 4, 2022 4:26:04 PM

No, this is a global issue still affecting multiple customers over almost 2 months later.  Care to actually speak to the issue rather than deflect?

 

Can't connect right now

Binance.US Crypto Gain/Loss import is temporarily unavailable. However, you have three options: Try import again: Wait until April 6, when Binance.US Crypto Gain/Loss import is expected to be available again Enter the information manually: Select the option “I’ll type it in myself” and enter the data manually, using your Gain/Loss statement from Binance.US Import another way: Import your Binance.US Crypto Gain/Loss statement through Cointracker, if you have a Cointracker account, or create a free account here: https://www.cointracker.io/turbotax

Level 2
Apr 10, 2022 3:06:02 PM

Cointracker.io wants $899 to get my tax report. NOT gonna happen.

Returning Member
Apr 11, 2022 10:28:52 AM

You must have a lot of transactions. Ive never paid near that much.

Level 2
Apr 11, 2022 11:50:28 AM

Yes, about 70,000.

Returning Member
Apr 14, 2022 7:56:22 PM

This is a global issue and we're this close to the deadline and it still hasn't been fixed! Turbotax, if you need a software programmer to fix this problem, I'm right here. It can't be that complicated to read a CSV file.

Returning Member
Apr 15, 2022 7:36:50 PM

this is such a bad response to single out a user when there's clearly many  more of us having this issue.

New Member
May 25, 2022 2:12:39 PM

Hi, were you ever able to get this resolved?  I'm running into the same with Binance.us.  

 

I also have a portfolio on Coinbase, that went through fine.

 

Thanks! Toby.