What are the steps to import cryptocurrency transactions into 1099-B TurboTax?

3 answers

• SRIRAM GOKULDec 13, 2022 · 3 years ago
  Sure! Here's a step-by-step guide on how to import cryptocurrency transactions into 1099-B TurboTax: 1. Log in to your TurboTax account and navigate to the section for investment income. 2. Look for the option to import your 1099-B form and select it. 3. Choose the option to import from a financial institution or brokerage. 4. Search for your cryptocurrency exchange or wallet provider in the list of supported institutions. 5. Enter your login credentials for the exchange or wallet provider. 6. Select the tax year for which you want to import the transactions. 7. Review the imported transactions and make any necessary adjustments. 8. Continue with the rest of your tax return as usual. I hope this helps! If you have any further questions, feel free to ask.
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• iHegemonicApr 13, 2024 · a year ago
  Importing cryptocurrency transactions into 1099-B TurboTax is a breeze! Just follow these steps: 1. Open TurboTax and go to the section for investment income. 2. Look for the option to import your 1099-B form and click on it. 3. Choose the option to import from a financial institution or brokerage. 4. Find your cryptocurrency exchange or wallet provider in the list and select it. 5. Enter your login details for the exchange or wallet. 6. Select the tax year you want to import the transactions for. 7. Review the imported transactions and make any necessary adjustments. 8. Proceed with the rest of your tax return. That's it! If you have any more questions, feel free to ask.
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• attuMar 14, 2021 · 4 years ago
  Importing cryptocurrency transactions into 1099-B TurboTax is a straightforward process. Here's how you can do it: 1. Log in to your TurboTax account and go to the investment income section. 2. Look for the option to import your 1099-B form and click on it. 3. Choose the option to import from a financial institution or brokerage. 4. Find your cryptocurrency exchange or wallet provider in the list and select it. 5. Enter your login credentials for the exchange or wallet. 6. Select the tax year you want to import the transactions for. 7. Review the imported transactions and make any necessary adjustments. 8. Continue with the rest of your tax return. I hope this helps! If you have any more questions, feel free to ask.
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