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
Returning Member
posted Mar 15, 2023 4:53:45 PM

Which version of TurboTax

What version of the software should I use if I want to report crypto trades? Not sure whether to use online or desktop or what the differences are

0 1 643
1 Replies
Expert Alumni
Mar 15, 2023 5:18:23 PM

You can use either Online or Desktop versions of TurboTax to report cryptocurrency trades.

 

TurboTax Online is now the authority in crypto taxes with the most comprehensive import coverage, including the top 15 exchanges. Whether you are investing in crypto through Coinbase, Robinhood, or other exchanges TurboTax Online can seamlessly help you import and understand crypto taxes just like other investments. 

 

Whether you have stock, bonds, ETFs, cryptocurrency, rental property income or other investments, TurboTax Premier (desktop) has you covered. 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. Increase your tax knowledge and understanding while doing your taxes. 

 

See this tips article for more information on both products.

 

Please see the TurboTax Cryptocurrency Info Center for more detailed information on this topic.