CoinLedger exports a PDF file that is specifically formatted for TurboTax Online. Follow this guide to import your crypto trades into TurboTax Online using that file.
NOTE: First, be sure to download your TurboTax Digital Assets (PDF) from the Tax Reports page. You can do this by clicking on the Tax Reports page > Tax Report Downloads section > IRS Forms > and pressing Generate next to TurboTax Digital Assets (PDF).
Jump Ahead Table of Contents:
Step by Step Import Walkthrough
Step 1
Navigate to TurboTax Online and select the Premier or Self-Employment package
Both of these packages support the tax reporting of cryptocurrencies.
Step 2
Answer the initial prompts and questions.
Upon first sign-in, TurboTax Online will ask you to complete some initial prompts and fill out your basic personal information. You are not able to jump forward within the app until this basic info is complete.
Step 3
Select for cryptocurrency wherever prompted. For example, you might see a screen like these below:
On any of these screens, be sure to indicate if you sold or traded cryptocurrency.
Step 4
Navigate to the Cryptocurrency section within TurboTax Online by clicking Federal > Wages & Income > Investments and Savings.
Step 5
If you are prompted with the question "Did you have investment income in 2025?" select Yes.
Step 6
Now TurboTax will ask some more questions about your crypto trading activity.
If prompted, select Yes for the question "Did you have crypto income or losses in 2025?"
Select Yes if the crypto you sold was transferred between exchanges or wallets.
Select Yes if you bought or sold an NFT.
Select Yes if you received a reward in the form of crypto, such as mining, staking, airdrops or other income events.
Select Yes if you participated in DeFi or a DAO.
Step 7
Click Continue on the next screen once you have answered all of TurboTax's questions about your crypto trading activity. Then, select Enter a different way on the screen shown below.
You must select Enter a different way on this step. Selecting Connect will cause your import to fail. This is because the "Connect" option often leads to import path errors, which can prevent the successful upload of your CoinLedger TurboTax Digital Assets PDF.
Step 8
On the next screen, press Upload then Continue. This will allow you to upload the TurboTax Digital Assets (PDF) from CoinLedger. Learn how to download that file HERE.
Step 9
Upload the TurboTax Digital Assets (PDF) you downloaded from CoinLedger. Review your capital gains and if all looks correct, click Continue. You can now proceed with filing the rest of your taxes. Note that after importing, some transactions may be flagged as "Needing review." This is a common issue caused by TurboTax's automated import system, and you can manually review and confirm these transactions.
NOTE: Some clients with a high volume of transactions that total over 50 pages may receive a Zip folder containing multiple PDFs. Be sure to upload each of these into TurboTax. Additionally, certain fields, such as crypto amounts, may not display correctly due to limitations in TurboTax's import process. If this occurs, manually adjust the affected fields to ensure accurate reporting.
Alternative TurboTax Import Method (manual)
TurboTax does not support automatic syncing for certain accounts and scenarios. However, you can still file with TurboTax by manually entering your sales and attaching a PDF statement to back up your manual input.
Use this method if:
You’re unable to use the method above because TurboTax is rejecting or misreading your files, or
TurboTax asks you to enter totals manually, for some other reason
Where to navigate in CoinLedger
Step 1: Navigate to the Tax Reports page and select IRS Forms.
Step 2: Select Generate to download the IRS Schedule D Form. You will use this Form to copy and paste the Proceeds, Basis, and Gains/Losses figures into the appropriate fields on TurboTax later on.
Step-by-step instructions
In TurboTax, go to Federal → Wages & Income
Scroll to Investments and Savings and click Start/Revisit next to:
Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B, 1099-DA)
Select Add investments
Choose Enter a different way
Select Type it in myself
Click Digital assets, then Continue
Enter a name for the digital asset service (e.g., CoinLedger)
On the screen “Did you get a 1099-DA?”, select Yes, then click Continue
Select Yes for “Do you have more than three sales on your 1099-DA?”
Select Yes for “Did you buy every investment listed on your 1099-DA?”
Choose Sales section totals, then click Continue
Select the appropriate checkbox for your case.
You can find this in your Schedule D Form
For Total proceeds (row 1b, column d), enter the amount from your Schedule D Form
For Total cost or other basis (row 1b, column e), enter the corresponding amount from your Schedule D Form
Click Continue
If additional sales totals must be reported, users should select “Add another sales total” and repeat the previously outlined steps as needed. For instance, a taxpayer may be required to report proceeds and basis as specified in Rows 3, 8b, and 10; however, this requirement is not universal and depends on the specific structure of the individual’s transaction.
After entering all totals, review your Sales section totals, then click Continue.
Now, it's time to download the TurboTax Online PDF from CoinLedger, then click Continue. Learn how to download that file HERE.
This file will be included as a supporting document with your tax return. Ensure the "export to Single PDF" option is ticked off, as the TurboTax importer can't handle multiple files at this specific step.
Within this page, upload the PDF file you got from CoinLedger in the step above. Do NOT upload your Form 8949.
Once you have successfully uploaded this file, select Continue. And, you are DONE!
Amending for Previous Years
Important Note #2: TurboTax Online has disabled the ability to upload CSV files when amending a return for previous years. If you need to amend, please follow the TurboTax Desktop Guide.