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TagsWhat is the best way to import my Coinbase CSV data into TurboTax Desktop for my cryptocurrency transactions?
Arafat FewalNov 24, 2021 · 3 years ago1 answersI recently started trading cryptocurrencies on Coinbase and I want to import my transaction data into TurboTax Desktop for tax purposes. What is the most effective method to import my Coinbase CSV data into TurboTax Desktop?
1 answers
- As an alternative, you can also consider using third-party software or online services that specialize in cryptocurrency tax reporting. These tools often have built-in integrations with popular exchanges like Coinbase, making it easier to import and reconcile your transaction data. Some examples include CoinTracker, CryptoTrader.Tax, and TaxBit. These services typically offer additional features like tax optimization and portfolio tracking, which can be beneficial for active cryptocurrency traders. However, keep in mind that these services may come with a cost, so be sure to evaluate the pricing and features before making a decision.Nov 24, 2021 · 3 years ago
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