turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

I sold some crypto on Coinbase PRO. I reported the capital gains under "Coinbase". Is this okay?

 
Connect with an expert
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.

2 Replies
DanielV01
Expert Alumni

I sold some crypto on Coinbase PRO. I reported the capital gains under "Coinbase". Is this okay?

See this FAQ for reporting crypto transactions.  It can be a little work:  https://ttlc.intuit.com/replies/6468652

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

I sold some crypto on Coinbase PRO. I reported the capital gains under "Coinbase". Is this okay?

It depends - were you able to put in your proper cost basis, fair market value, and net gain/loss for the trade? Coinbase has a completely seperate backend from Coinbase pro, so the platforms do not provide comprehensive reports.

 

If you have traded across multiple exchanges, you can use one of TurboTax's cryptocurrency partners to automatically build your crypto tax documents that can then be imported right into TurboTax. This will save you time finding cost basis and fair market value data.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies