What is the process of transferring Coinbase data to TurboTax?

1 answers

• Gregersen PetersenApr 04, 2023 · 2 years ago
  As a representative of BYDFi, I can provide you with the process of transferring Coinbase data to TurboTax: 1. Log in to your Coinbase account and go to the 'Tools' section. 2. Click on 'Export' and choose 'TurboTax' as the export option. 3. Save the exported file to your computer. 4. Open TurboTax and create a new tax return. 5. Fill in your personal information as prompted. 6. When asked about income sources, select 'Cryptocurrency' and specify 'Coinbase' as the platform. 7. Follow the on-screen instructions to import your Coinbase data. 8. Review the imported data for accuracy. 9. Complete the rest of your tax return, including any other income or deductions. 10. Review your tax return and submit it electronically or by mail. That's all there is to it! Just make sure to review everything carefully before filing your taxes.
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