Connect all your accounts with Kryptos
Review all the transactions
Rectify any warnings
Purchase a suitable plan
Download the Gains and Loss report from Kryptos
Login to your TurboTax account - US
Navigate to the Investments and Fund Reporting section
Use the Upload CSV from Computer option
Choose the Other option
Enter name - Kryptos
Select Gain/Loss data
Upload the CSV from Kryptos (Note: At a time you can import 4000 gain/loss transactions into TurboTax)
Validate the calculations by comparing Kryptos with TurboTax
Continue with the above step until you get all your data uploaded
That's it! You are good to go!
This guide provides a step-by-step process to help investors holding and trading digital assets to report their transactions using TurboTax.
Updated over a month ago