How do you import cryptocurrency into ProSeries?

Forum|Forum|4 years ago
February 10, 2022
2 replies
26 views

Looking for how to import cryptocurrency transactions from coinbase. And or how to enter if there is no import.

ProSeries Professional

This topic has been closed for replies.

Just-Lisa-Now-

Intuit Community Champion

You cant import that coinbase data dump into ProSeries an expect it to be able to digest it.

Have the client signup with CoinTracker (or a similar service) and it will turn that mess from Coinbase into a usable 8949 style report form that can be entered into PS.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

M

mikec610

Level 3

My client has 50 pages of 8949 from Coin Tracker. He also has a Schedule D. I have tried to Summarize the numbers on his 8949 with the idea of transmitting the paperwork to IRS. However, it requires a date of sale on the software. Any ideas how to circumvent this and is this even the correct process.

Just-Lisa-Now-

Intuit Community Champion

Just pick a date, it doesnt really matter, they're all short term.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

J

jeffmcpa2010

Level 10

I just let their next tax preparer figure it out.

At my age, I'm not interested in dealing with people who would gamble on that stuff.

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