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posted Mar 12, 2023 10:57:26 PM

What if Binance cryptocurrency tax form is not precisely imported in csv file? it's too long to manually type.

It seems that the imported results are not matched with the original csv form line by line. Too may lines to fix manually.

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1 Replies
Level 10
Mar 12, 2023 11:05:56 PM

@hyungineer7 

Filers can easily import up to 10,000 stock transactions from hundreds of Financial Institutions and up to 20,000 crypto transactions from the top crypto wallets and exchanges.

But, often there are still more and then you can enter summary transactions by sale types. 

https://ttlc.intuit.com/community/retirement/discussion/you-can-enter-totals-on-your-8949-then-mail-a-copy-of-yo/01/778047#M73863

 

You can enter totals on your 8949, then mail a copy of your statements within 3 days of filing.

To enter a stock sale in Turbo Tax: 

  1. Go to Income

  2. Select I'll choose what I work on. 

  3. Go down to Investment Income

  4. Click Start or Update by Stocks, Mutual Funds, Bonds, Other

  5. Select the broker and choose I'll type it in myself.

  6. On the Tell us about...screen, select I'll enter a summary for each sales category.

You won't have to put the dates of each sale.

Address them to (with Form 8453 as a cover sheet): 

Internal Revenue Service 

Attn:  Shipping and Receiving 0254 

Receipt and Control Branch 

Austin, TX 73344-0254  

If you're paper filing a 1040, find your state here.