What is the best way to transfer cryptocurrency holdings from Robinhood to TurboTax?

1 answers

• Manjusha CJul 04, 2022 · 4 years ago
  At BYDFi, we recommend the following steps to transfer your cryptocurrency holdings from Robinhood to TurboTax: 1. Log in to your Robinhood account and navigate to the 'Account' section. 2. Click on 'History' and select 'Crypto' from the drop-down menu. 3. Click on 'Export' and choose the desired date range for your transaction history. 4. Save the exported file to your computer. 5. Open TurboTax and navigate to the 'Federal' section. 6. Click on 'Wages & Income' and select 'Cryptocurrency'. 7. Follow the prompts to import your transaction history file. Following these steps will ensure that your cryptocurrency transactions are accurately transferred from Robinhood to TurboTax for tax reporting purposes.
  715

  358