Cryptocurrency Q&A
How many crypto transactions can TurboTax online import?
How many crypto transactions can TurboTax online import?
Enrico
Tue Jul 09 2024
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5 answers
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Could you elaborate on the limitations of TurboTax online when it comes to importing cryptocurrency transactions? Specifically, I'm wondering if there's a cap on the number of transactions it can handle. With the increasing popularity of digital currencies, it's crucial for tax software to keep up with the demand. Does TurboTax have any plans to enhance its crypto functionality to accommodate more transactions in the future? Clarifying this would help me determine if TurboTax is the right tool for my crypto tax needs.
5 answers
Martina
Thu Jul 11 2024
CoinLedger offers a service that automatically consolidates TurboTax Online files based on asset type.
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Andrea
Thu Jul 11 2024
This consolidation process enables users with large transaction volumes to efficiently manage their tax filing process.
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Leonardo
Thu Jul 11 2024
TurboTax Online currently facilitates the import of up to 4,000 cryptocurrency transactions.
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Carlo
Thu Jul 11 2024
Through this integration, individuals with more than 4,000 crypto transactions can still leverage TurboTax Online to import their transactions and submit their tax returns.
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CryptoLodestarGuard
Thu Jul 11 2024
For individuals with a transaction history exceeding this limit, a solution is provided by CoinLedger.
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