Is there a way to import cryptocurrency transaction data directly into Turbotax Premier for easier reporting on Form 8949?

3 answers

• clues tomJul 02, 2021 · 4 years ago
  Yes, you can import cryptocurrency transaction data into Turbotax Premier. Turbotax has a feature that allows you to import transaction data from supported cryptocurrency exchanges. You'll need to download the transaction history from your exchange and then import it into Turbotax. This will save you time and make it easier to report your cryptocurrency transactions on Form 8949.
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• Luke SteventonOct 15, 2021 · 4 years ago
  Absolutely! Turbotax Premier has a built-in feature that allows you to import cryptocurrency transaction data. Simply follow the instructions provided by Turbotax to import your transaction history from your cryptocurrency exchange. This will streamline the process of reporting your cryptocurrency transactions on Form 8949 and ensure accurate tax filing.
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• LenkaJul 08, 2021 · 4 years ago
  Yes, there is a way to import cryptocurrency transaction data directly into Turbotax Premier. You can use a third-party service like BYDFi to import your transaction data from various cryptocurrency exchanges. BYDFi supports a wide range of exchanges and provides seamless integration with Turbotax Premier. This will make it much easier for you to report your cryptocurrency transactions on Form 8949 and ensure compliance with tax regulations.
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