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How to load Coinbase CSV into TurboTax Premier?

I keep getting a page from that link that I don't have permissions to view this link?

How to load Coinbase CSV into TurboTax Premier?

Sounds like "class action" to me

How to load Coinbase CSV into TurboTax Premier?

I'm not paying a "third party" for the service already advertised by turbotax and coinbase.  If I end up having to I'm signing up for the class action already brewing

How to load Coinbase CSV into TurboTax Premier?

Don't use TurboTax Live if you have a Coinbase account. My tax expert finally got back to me 8 days after I submitted my 1099 he was waiting for. TurboTax and Coinbase make it LOOK like it's simple to upload but it WILL NOT WORK. My tax expert called me at 10:30 last night to tell me that the TurboTax software would not let him import my document and he couldn't enter it manually because it looked like "gobbly **bleep**". Incredibly frustrating because I'm not a tax pro and I don't know how to enter the information from my coinbase .csv document. I know Coinbase allows you to download and import but TurboTax WILL NOT be able to do anything. I was told to go to a tax pro near me. Turbotax is great other than that.

How to load Coinbase CSV into TurboTax Premier?

TurboTax - Cut the BS and fix your product. People shouldn't have to pay for another 3rd party app to capture cryptocurrency transactions. For all the lobbying money you guys spend to prevent our government from automating the tax filing process, you can at least pay a college intern for week's worth of development to resolve this issue.

MRDots
New Member

How to load Coinbase CSV into TurboTax Premier?

All these answers from users and TT are for the Online version.  I have the desktop Premier, which does not have the cryptocurrency under Investment Income.  Can anyone help me with the desktop version?

How to load Coinbase CSV into TurboTax Premier?

@MRDots 

 

If TurboTax won't accept your CSV file, proceed as follows.

Adjust your csv files so the columns are in the same order as on Form 8949.

Put a header with your name tax year and SS Number.

 

Use the summary option and then you can mail in the printout of the CSV files.
See the TurboTax instructions that will pop up.

You would use Category C and/or F since you don't have a 1099-B.

 

Note: only SELL transactions are reported on Schedule D.

intuse2001
Returning Member

How to load Coinbase CSV into TurboTax Premier?

1. Use this website  www.eastxf.com  to convert csv to txf file. Make sure re-format Coinbase or Cointracker csv file to the style instructed by the website. Otherwise it will not convert.

2. Once you have txf file, you just go to your turbotax software, under File/Import/ Other institution software and select the txf file you converted and done!

 

TomK100
Expert Alumni

How to load Coinbase CSV into TurboTax Premier?

Please follow this TurboTax FAQ for steps on how to "How do I upload a CSV file of my crypto transactions?"

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