3489448
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

kquinn99
New Member

How do I fix, "The BTC amount withdrawn is greater than what’s available from Coinbase (61e8) by $0.57" in 28 pages of transactions?

Seriously, this needs to be fixed?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
JamesG1
Expert Alumni

How do I fix, "The BTC amount withdrawn is greater than what’s available from Coinbase (61e8) by $0.57" in 28 pages of transactions?

Have you imported Coinbase / BTC transactions into TurboTax Premium Online?

 

I read the message as saying that the transactions imported show a withdrawal of BTC greater than the deposits of BTC.  Are there other wallets or exchanges that need to be imported?

 

You may select View transactions to see the imported transactions.  At the screen Here's what we got, take a close look, select What should I pay attention to?

 

 

Checking your imported transactions to the right states:

 

When TurboTax imports info from your crypto service, transaction details might not always be reflected accurately. We’ve outlined some of the situations where this occurs here.  Be sure to check your list of transactions and make any changes necessary for them to be reported accurately on your tax return.

 

Within TurboTax Premium Online, click on each hyperlink to for explanations for each error possibility.

 

  • Misclassified transactions
  • Unknown transaction types
  • Missing transactions
  • Margin and futures trading
  • Misclassified income
  • Missing airdrops
  • Tax-exempt payments
  • Advanced trade types
  • Missing gas fees

Click on the box to the left of a transaction and Bulk Ignore and Bulk Edit functions become available.  Transactions may be reviewed / added / edited to correct the imported transactions.  The funnel icon may be used to sort transactions.

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question