Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Mar 1, 2021 12:25:08 PM

Is it possible to connect your coinable or coin tracker account to turbotax to transfer the transaction reports?

0 2 809
2 Replies
Expert Alumni
Mar 1, 2021 12:52:31 PM

I'm not showing coinable or coin tracker as a TurboTax Import Partner so, no, you're not able to transfer your transactions into TurboTax. 

  • If you have Coinbase, they recommend using CoinTracker to calculate your cryptocurrency gains and losses and to access your CSV file.

Reporting cryptocurrency is similar to reporting a stock sale. You'll need to report your cryptocurrency if you sold, exchanged, spent or converted it. When it comes to hard forks and airdrops, you only have taxable income if it results new cryptocurrency.

Level 3
Mar 1, 2021 1:06:51 PM

CryptoTrader.Tax has been very helpful for me. They have some great YouTube content which walk through how to import your data and upload gains/losses into TurboTax.