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What is the best way to import my crypto.com data into turbotax?

avatarkeerthika rDec 26, 2021 · 3 years ago3 answers

I have been using crypto.com to manage my cryptocurrency transactions, and now I need to import my data into turbotax for tax purposes. What is the most effective and efficient method to import my crypto.com data into turbotax?

What is the best way to import my crypto.com data into turbotax?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One of the best ways to import your crypto.com data into turbotax is by using a CSV file. You can export your transaction history from crypto.com as a CSV file and then import it into turbotax. This method allows you to easily organize and categorize your transactions for tax reporting purposes.
  • avatarDec 26, 2021 · 3 years ago
    Another option is to use a third-party tool or software that specializes in importing cryptocurrency data into tax software like turbotax. These tools often have built-in features to automatically map and categorize your transactions, making the import process much smoother and faster.
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we recommend using a combination of both methods mentioned above. Export your crypto.com transaction history as a CSV file and then use a third-party tool to import it into turbotax. This ensures accuracy and efficiency in importing your cryptocurrency data for tax reporting.