Uploading a Coinbase csv file

Forum|Forum|3 years ago
February 1, 2023
8 replies
57 views

I am trying to upload a Coinbase csv file with my crypto transactions into TurboTax Premier on a Windows computer. The instructions say Search "cryptocurrency" in TT, then select "jump to cryptocurrency". When I search "cryptocurrency" in the Search box, the jump to option is not shown.

Suggestions?

Thanks,

Bob P

JamesG1

Level 15

Upload the .csv file in TurboTax Premier Online by following these steps:

Go to Federal / Wages & Income / Your income / Investments and Savings.
Click Start / Revisit to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other.
Click Add investments.
At the screen Get ready to be impressed, click Continue.
At the screen Let’s import your tax info, click Enter a different way.
At the screen OK, let’s start with one investment type, select Cryptocurrency. Click Continue.
At the screen Select your crypto experience, select Upload. Click Continue.
At the screen What’s the name of the crypto service, select the name of the service.
Click Continue.
At the screen Go ahead and upload your crypto CSV file, upload the file.

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RDPritchard2Author

Level 2

Thanks so much for your answer. Unfortunately, the options you note are not shown on my TT. I am using the desktop version of TT Premier for 2022. It looks like your instructions are for the online version. For example, there is no Stocks, Cryptocurrency, Mutual Funds, Bonds, Other options.

Suggestions?

Thanks,

Bob

RDPritchard2Author

Level 2

Hi James:

That worked great. All my Coinbase transactions were imported!

However, I am still seeing a problem. After going thru the TT prompts, I get a screen showing the results for my Coinbase account showing the Gross Proceeds as -29K, which is correct, and the Gain/Loss as -72K which is not correct. Seems like both should be the -29K loss.

Thoughts?

Thanks again,

Bob

Also, FYI, before importing, I deleted the columns in the Coinbase csv file except the six columns that the Easytxf instructions said should be the only ones there.