Coinbase, Exchanges

How Do I Enter Coinbase on TurboTax?

Coinbase is a digital asset exchange company founded in 2012. The company is headquartered in San Francisco.

Coinbase allows clients to buy and sell digital currencies such as Bitcoin, Ethereum, and Litecoin.

In order to enter Coinbase information into TurboTax, follow these steps:

1. Go to the “Taxes” tab and select “Cryptocurrency.”

2. Select the type of cryptocurrency you have (Bitcoin, Ethereum, or Litecoin).

3. Enter your Coinbase account information.

4. Follow the instructions on how to report your cryptocurrency gains or losses on TurboTax.

5. Save and continue.

Coinbase is one of the most popular cryptocurrency exchanges and allows users to buy and sell Bitcoin, Ethereum, and Litecoin. In order to enter Coinbase information into TurboTax, go to the “Taxes” tab and select “Cryptocurrency.” Then, select the type of cryptocurrency you have (Bitcoin, Ethereum, or Litecoin) and enter your Coinbase account information.

NOTE: WARNING: Coinbase does not provide tax advice and does not have a direct integration with TurboTax. If you are attempting to enter Coinbase information into TurboTax, please proceed with caution. You should consult a tax professional to ensure that your taxes are accurately prepared and filed. Furthermore, please be aware that Coinbase may provide incorrect information when entering into TurboTax and therefore you should take precautionary steps to verify accuracy.

Follow the instructions on how to report your cryptocurrency gains or losses on TurboTax.

Previous ArticleNext Article