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Level 2
posted Feb 19, 2022 7:50:40 PM

How to import robinhood crypto 1099 to premier desktop version

How to import robinhood crypto 1099 to premier desktop version? Also how I can use desktop version to report crypo sales on other exchange? I do not see the option for importing those 

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1 Best answer
Expert Alumni
Feb 20, 2022 5:34:21 AM

You can use the cryptocurrency import and other features with the TurboTax Online Premier and Self-employed versions, only.  

 

One option is to start a free tax return in TurboTax Premier Online. You don't pay for the return until you file it, so you won't have to pay the Online fee.  Enter (import) your cryptocurrency information in the Crypto section, and then save the .tax file (not PDF).  You can then open the tax file in TurboTax desktop, add the rest of your tax data and file.

The other option would be to file using the Online software and get a refund for the desktop program.

 

Note: If you don't see an option to import for other crypto sales, you'll need to enter the sales manually. Please see the following TurboTax FAQ and scroll down to How do I enter my crypto transactions manually?

1 Replies
Expert Alumni
Feb 20, 2022 5:34:21 AM

You can use the cryptocurrency import and other features with the TurboTax Online Premier and Self-employed versions, only.  

 

One option is to start a free tax return in TurboTax Premier Online. You don't pay for the return until you file it, so you won't have to pay the Online fee.  Enter (import) your cryptocurrency information in the Crypto section, and then save the .tax file (not PDF).  You can then open the tax file in TurboTax desktop, add the rest of your tax data and file.

The other option would be to file using the Online software and get a refund for the desktop program.

 

Note: If you don't see an option to import for other crypto sales, you'll need to enter the sales manually. Please see the following TurboTax FAQ and scroll down to How do I enter my crypto transactions manually?