![]() ![]() If you have Taxable income from staking/mining/interest/etc., that will need to be manually entered in TurboTax. Taxable Income needs to be entered manually. Doing so will result in incorrect tax reporting. That's it, you've added your capital gains data to TurboTax! Please note: if you have connected your exchanges to CoinTracker, there is no need to also connect them to TurboTax. Upon a successful import you’ll see a screen like the one below. ![]() Please note that this does require a sufficient tax plan in CoinTracker to import successfully. In general, it will be under the Federal > Investment Income section.įollow the prompts until you are asked to connect an exchange:Īuthorize TurboTax to import your capital gains data from CoinTracker. Depending on where you are in the TurboTax flow, there may be multiple ways to do this. Navigate to the cryptocurrency section of TurboTax. Once all transactions needing review have been addressed, click “File with TurboTax” to see your tax year overview in CoinTracker.Ĥ) Upload cryptocurrency taxes to TurboTax This help doc is a useful resource for guidance on this. Transactions can be edited manually or recategorized using the arrow on the right. CoinTracker will flag any transactions that need extra review with a reason why. csv upload feature instead.īefore sending tax data back to TurboTax, it’s best to double-check that everything is as accurate as possible. If your exchange or wallet isn’t appearing on the dropdown, this means CoinTracker doesn’t have an integration yet.Depending on the exchange or wallet selected, transactions can be imported through an API or imported by a CSV file. When you select your wallet or exchange from the menu, the right side will display instructions on how to connect that particular wallet or exchange with CoinTracker. Even a small transaction from a few years ago can have an impact on your current taxes. You can always change this in your settings later.Ģ) Connect wallets and exchanges to import your complete transaction historyĬoinTracker will automatically calculate your capital gains based on the transactions uploaded, so it’s important to upload your complete transaction history. You can sign in with your Google account, your Coinbase account, or with an email and password combination. 1) Create CoinTracker account and confirm settingsĬreate your account at and select your country. This guide below will outline how to file taxes using CoinTracker and TurboTax in four steps. For more details, please check out the step-by-step guide under the video. If you already have a CoinTracker account, please see this guide. Please note: This is a walkthrough for new CoinTracker users. ![]()
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