What is the best way to import my crypto.com data into turbotax?
keerthika 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?
3 answers
- Dec 26, 2021 · 3 years agoOne 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.
- Dec 26, 2021 · 3 years agoAnother 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.
- Dec 26, 2021 · 3 years agoAt 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.
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