There are multiple ways to upload a CSV of your digital asset info into TurboTax, depending on your situation. Follow these steps to find out what’s best for you.
- Identify your sources.
- Know the exchanges (like Coinbase), wallets (like MetaMask), and blockchains (like Ethereum) with which you had digital asset activity (like buying, selling, holding) in 2023.
- Identify if you did any of the following in 2023.
- Bought, sold, or converted crypto.
- Sent digital assets from one source (like a wallet) to another.
- Bought, sold, or minted NFTs.
- Invested in DeFi (Decentralized Finance) instruments (like staking or lending).
- Check if TurboTax supports your sources.
- For gain/loss CSVs (1099-B), sources including Coinbase, Robinhood, TaxBit, CoinTracker, and more.
- For supported transaction CSVs, sources including Coinbase, Coinbase Pro, PayPal, CashApp, Binance.US, and more.
- If you have Coinbase and you participated in an activity besides trading crypto, we recommend using the Coinbase transaction CSV.
- Determine your next steps.
- If TurboTax doesn’t support your sources, follow these steps to create your own CSV.
- If TurboTax supports your sources, continue to step 5.
- If you traded digital assets on Robinhood, then use the 1099-B CSV file provided by Robinhood.
- Select your product and follow the steps to enter the info you've collected into TurboTax.
TurboTax Online
Note: If your TurboTax navigation looks different from what’s described here, learn more.
- Sign in to TurboTax, and open or continue your return.
- Select Search then search for cryptocurrency.
- Select the Jump to link.
- On the Did you have investment income in 2023? screen, select Yes.
- Select +Add investments if you've already added some crypto info.
- On the Relax. We got it. screen, select Continue.
- On the Let's import your tax info screen, select Enter a different way, Cryptocurrency, and then Continue.
- Select Upload it from my computer and Continue on the Select your crypto experience screen.
- On the What’s the name of the crypto service you used? screen, select your crypto service from the dropdown, your CSV type, and Continue.
- After downloading your CSV file from your crypto source, upload it on the Go ahead and upload your crypto CSV file screen.
TurboTax Desktop
Entering your crypto gain/loss via CSV is only available in TurboTax Desktop Premium and TurboTax Desktop Home & Business. TurboTax only supports the gain/loss CSV format.
- Open TurboTax and open your return.
- Select File next to Edit in the top menu.
- Select Import.
- Select Upload crypto sales.
- On the What's the name of the crypto service you used? screen, select your crypto service from the dropdown and Continue.
- Select Upload it from my computer on the Go ahead and upload your crypto gain/loss CSV file screen.
- After downloading your gain/loss CSV file from your crypto source, upload it to TurboTax.
- You’ll see a Crypto sales uploaded successfully! message.
- Once your file is successfully uploaded, you can find all your sales to review and edit in the Stocks, Mutual Funds, Bonds, Other section, under Investment Income in Wages & Income (TurboTax Premium) or Personal Income (TurboTax Home & Business).
- If you want to delete your CSV, go to File then select Remove Imported Data.
What’s the difference between a gain/loss CSV and a transaction CSV?
A gain/loss csv is a document that exchanges provide that shows your sales from the current tax year. It's best used when you only have one account and haven’t transferred assets between exchanges/wallets.
If you have transferred assets, a gain/loss CSV can’t determine cost basis, leading to an inaccurate report. Additionally, an exchange may report a withdrawal as a taxable sale when it shouldn’t.
A transaction CSV is a document that exchanges and other accounts provide that shows every transaction since the beginning of your activity on that platform. It's best used when you have multiple accounts/exchanges and have transferred assets between them.
FAQs
To do so, click + Integration in the upper navigation. Select Crypto.com App from the list of exchanges, and then copy your CSV files into the designated field. Confirm your input with Create.
How do I upload a crypto com CSV file? ›
To do so, click + Integration in the upper navigation. Select Crypto.com App from the list of exchanges, and then copy your CSV files into the designated field. Confirm your input with Create.
How do I import crypto transactions? ›
How To Add Transactions to an Existing Wallet or Exchange Via CSV
- Format your CSV of additional transactions. ...
- Navigate to the Wallets page.
- Select the wallet you would like to import your CSV into.
- Click the three dots, then click "Import Transactions"
- You will be directed to a CSV import page.
- Import your prepared CSV.
For example, traders and investors commonly use CSV files to record transaction histories, portfolio performances, and price-tracking data. Cryptocurrency exchanges often allow users to download their trading histories in CSV format for easier record-keeping and to fulfill tax obligations.
How do I export crypto transactions? ›
In the left navigation panel, select the currency you're interested in (e.g. Bitcoin). If you have transaction history for that currency, there will be a Download button on the right next to the search bar. Click Download and select the wallet(s) for which you want to export transaction history from the drop-down menu.
How to download crypto CSV file? ›
- Open your Crypto.com app.
- Select accounts at the bottom of the screen.
- Select the clock icon (transaction history) in the top right corner.
- Select the export icon in the top right corner.
- Select fiat wallet or crypto.com visa card.
- Select a start and end date (maximum of 3 years). ...
- Select export to CSV.
On the What's the name of the crypto service you used? screen, select your crypto service from the dropdown and Continue. Select Upload it from my computer on the Go ahead and upload your crypto gain/loss CSV file screen. After downloading your gain/loss CSV file from your crypto source, upload it to TurboTax.
How do I download a CSV file from Coinbase? ›
Browser
- Sign in to your Coinbase account.
- Select. and choose Taxes.
- Select Documents.
- Select Custom reports and choose the type of report you want to generate.
- Select Download.
How to Format Your Transaction History CSV to the CoinTracker Format
- Step 1: Export Your Transaction History. First, we'll need your transaction data from the exchange or wallet: ...
- Step 2: Prepare Your CSV for CoinTracker. ...
- Step 3: Put the Right Information in Each Column. ...
- Step 4: Upload Your CSV to CoinTracker.
Log in to Crypto Tax Calculator, and navigate to the import section. Enter the name of the exchange, and click on the option to custom upload CSV. Upload the CSV file you just saved to import your data.
Opening a CSV file is simpler than you may think. In almost any text editor or spreadsheet program, just choose File > Open and select the CSV file. For most people, it is best to use a spreadsheet program. Spreadsheet programs display the data in a way that is easier to read and work with than a text editor.
What is CSV data transfer? ›
Comma-separated values (CSV) is a text file format that uses commas to separate values, and newlines to separate records. A CSV file stores tabular data (numbers and text) in plain text, where each line of the file typically represents one data record.
How do I file a crypto transaction? ›
Complete Form 8949 to document your cryptocurrency transactions. Transfer the totals from Form 8949 to Schedule D of your tax return. Report any ordinary income from cryptocurrency on Schedule 1 of Form 1040 unless you're self-employed, in which case you should use Schedule C.
How to export transaction history from crypto.com exchange? ›
To retrieve your transaction history through the exchange, follow these steps:
- Step 1: Login to your Crypto.com account:
- Step 2: In the main menu, select “wallet”:
- Step 3 : Download your documents:
- Step 4: Export your documents:
- Step 5: Upload the files to Waltio.
Once you access the portfolio page click on Import Portfolio, to begin the import process.
- Step 1/3: Choose a portfolio to import. Upload your existing portfolio CSV file. ...
- Step 2/3: Choose the correct columns. ...
- Step 3/3: Confirm and edit tickers.
Click the cell where you want to put the data from the text file. On the Data tab, in the Get & Transform Data group, click From Text/CSV. In the Import Data dialog box, locate and double-click the text file that you want to import, and click Import.
How do I import logins into CSV? ›
Step 2: Import passwords
- On your computer, open Chrome.
- On the top right, select More Passwords and autofill Google Password Manager. Settings.
- Under "Import passwords," click Select file.
- Choose the . csv file you want to import.
- To complete your import, follow the on-screen instructions.
