How to get Binance.us crypto API tax to upload properly?

This is an issue that we are aware of and working to resolve. Please check back in a few days for any updates. 

I also for the past few weeks have been unable to get turbotax to accept my tax API key from Binance.US. I have tried deleting and creating new API keys several times and none of them go. I am wondering if there is a limit to the number of trades/transactions that turbotax can accept and upload... I have over 70,000. I don't feel I should have to pay $1000 to places like cointracker or koinly to calculate profit numbers for me to put into turbotax. I have also downloaded my .CSV file directly from binance.us to import to turbotax that way but none of the column titles match up so turbotax won't accept the .CSV file. So frustrating. Help please. Thanks.

TurboTax Online is equipped to handle around 10,000 individual transactions (give or take) per brokerage account before the performance starts to deteriorate.  You may want to explore a summary statement instead of individual transactions.

See this TurboTax Help for more information.

My understanding is that the sample .csv crypto file should be sorted in this order.

Sample CSV crypto.csv 

Purchase Date,Date Sold,Proceeds,Cost Basis,Currency Name

2/20/2020,3/15/2021,$485.00 ,$500.00 ,LTC

2/15/2020,4/10/2021,$85.00 ,$80.00 ,BC

Any updates on this? 

I just tried using the tax API for Binance.US on turbotax and does not seem to work. Just states unable to import with no reason. 

We have more than 10000 transactions so this was the reason we weren't able to import. TurboTax for some reason can only do 10000 or less which doesn't work for us :(

Any updates on Binance? I can’t get information to upload. 

@Anonymous Gives some great information on this here. 

If you need additional assistance, please comment and let us know. 

I'm having the same issue. TurboTax won't accept the Binance.US API key--I get an error every time I try. I also can't upload the CSV transaction file from Binance.US. TurboTax tells me to rename fields in the CSV, but the Binance CSV file does not have corresponding columns. Buy/Sell is a single column in the Binance file, whereas TurboTax requires separate columns for the Buy and Sell dates. 

If you are still unable to upload the information into Turbo Tax, please follow the instructions here to contact us by phone. @bwb33

Well, it's April 6 now and after setting up the API twice today,  TurboTax still refuses to import from Binance.US

Go and connect your Binance US account to contracker.io and then connect turbo tax with cointracker.io to pull Binance details.

That's great for some maybe, but I'm not paying $899.00 to Cointracker to do so. This is not a feasible option for me.

Has anything changed? Are you able to accept more than 10000 transactions yet?

I still cannot get the API key or .csv to work. I contacted the hotline as suggested and explained the situation to the rep. She wasn't aware at first, but found out it was a known issue from a supervisor. No suggested workarounds that haven't already been tried such as logging out, clearing cookies, different device, or continue waiting unfortunately. Maybe they'll get around to that Jira ticket eventually.

Here is a solution that worked for me (and probably free for most users). I used TaxBit to link Binance.US transactions (import with API and secret key)-- shockingly, in contrast to Intuit's platform, this was seamless. TaxBit then can be used to generate tax documents and/or a .csv that is preformatted for TurboTax import. Download the .csv for TurboTax and then import it-- voila!

You would think a company as big as intuit would have figured this **bleep** out by now. Its almost as if they don't give a **bleep** about their customers. This is the last year I am using turbotax.

I managed to get this to work using .csv file.

This is how the file needs to be formatted for it to work.

Column name        Criteria

Asset Name                BTC/ETH etc

Received Date           mm/dd/yyyy

Cost Basis (USD)       can have only 2 decimal places, not more

Date Sold                    same format as received date

Proceeds                 can have only 2 decimal places, not more

Amount                   quantity of Asset. Can have only 2 decimal places.

I finally got it to work when I tried uploading the file with my iPhone safari browser. Not sure why that worked but it didn’t on my computer.

What columns were these in the original csv file?

this worked for me, thanks for the work around

This worked! Use TaxBit. It creates a new file and even shows you all of your gains and losses on the dashboard. You can also "fail" the upload three times on TurboTax and then input the transactions manually. This is the only way that I have found it to work but it's super easy.

Any movement on this?

Is this issue fixed or is there someone who can troubleshoot this?

no this is not fixed. Literally am trying right now and it's still not working. Will be using a different tax platform next year.  One thing you can do though, is import your Api's to cointracker.io. And then use cointracker with turbotax.