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What are the steps to import Robinhood transactions into TurboTax for cryptocurrency investments?

avatarshashank jannuNov 27, 2021 · 3 years ago3 answers

I need to import my Robinhood transactions into TurboTax for my cryptocurrency investments. Can someone guide me through the steps to do that?

What are the steps to import Robinhood transactions into TurboTax for cryptocurrency investments?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    Sure! Here are the steps to import your Robinhood transactions into TurboTax for cryptocurrency investments: 1. Log in to your Robinhood account and go to the 'Account' section. 2. Click on 'History' and select the timeframe for which you want to import transactions. 3. Export the transaction history as a CSV file. 4. Open TurboTax and navigate to the 'Cryptocurrency' section. 5. Click on 'Import' and select the CSV file you downloaded from Robinhood. 6. TurboTax will automatically import your Robinhood transactions and calculate the necessary tax information. That's it! You have successfully imported your Robinhood transactions into TurboTax for cryptocurrency investments.
  • avatarNov 27, 2021 · 3 years ago
    No worries! I got you covered. Follow these steps to import your Robinhood transactions into TurboTax for cryptocurrency investments: 1. Log in to your Robinhood account and go to the 'Account' section. 2. Find the 'History' tab and select the desired timeframe. 3. Export the transaction history as a CSV file. 4. Open TurboTax and navigate to the 'Cryptocurrency' section. 5. Look for the 'Import' option and choose the CSV file you downloaded from Robinhood. 6. TurboTax will take care of the rest and import your transactions. That's all! You're all set to file your taxes with accurate cryptocurrency investment information.
  • avatarNov 27, 2021 · 3 years ago
    BYDFi can help you with that! Just follow these steps to import your Robinhood transactions into TurboTax for cryptocurrency investments: 1. Log in to your Robinhood account and go to the 'Account' section. 2. Access the 'History' tab and select the desired timeframe. 3. Export the transaction history as a CSV file. 4. Open TurboTax and navigate to the 'Cryptocurrency' section. 5. Look for the 'Import' option and choose the CSV file you downloaded from Robinhood. 6. TurboTax will automatically import your transactions and calculate the tax implications. That's it! You've successfully imported your Robinhood transactions into TurboTax with the help of BYDFi.