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Import your CoinLedger data into TaxAct

Lucas Wyland avatar
Written by Lucas Wyland
Updated today

As of 2026, TaxAct no longer allows users to import a Gain/Loss CSV for crypto transactions. This change was made by TaxAct. The steps below explain how to import your CoinLedger tax reports into their platform for tax year 2025 and later. If you’re unhappy with this change, we recommend contacting TaxAct Support directly. CoinLedger’s TaxAct file can still be used to report crypto transactions for tax year 2024 and prior.

Step 1

From the Tax Reports page of your CoinLedger account, navigate to the IRS Forms tab. Then, download your Consolidated IRS Form 8949. You will receive multiple 8949’s if you used multiple exchanges this year. Hold onto these forms, and come back to them later.

Step 2

Navigate to Tax Act. From the Income Dashboard, scroll down to the Help icon. Then, type Crypto in the search bar, and press Enter. Select Cryptocurrency from the search results.

Step 3

On the next page, select 8949 PDF Attachment, and hit Continue.

Step 4

On this page, it will ask you to enter a Provider for your Form 8949. This should be the name of the exchange or platform where your transactions occurred. Check the file name of the Form 8949 you downloaded from CoinLedger. For example, I downloaded a Form 8949 for Coinbase and Jupiter. The name of my first Provider here would be Coinbase (and I would enter my Jupiter transactions next).

First you’ll need to enter the Term and Type of asset you sold. The Term and Type should correspond to the box that is checked on your Form 8949. For example, my Form 8949 has Box H checked. On TaxAct, under Term and Type I would select H - Digital Asset: Short Term, as shown below.

Next, you should prepare to enter the Cost Basis and Proceeds from each Form 8949 you downloaded from CoinLedger into TaxAct. Take the totals from each Form 8949 and enter them into the corresponding box on TaxAct.

Once you are finished, click Continue.

💡 TIP: You will need to enter your Short Term Gains and Long Term Gains separately on this step. If you had both Short and Long Term Gains this year, be sure to enter both by hitting +Add New Reporting Category and repeating the process above (but ensure that you are choosing the correct box under Term and Type).

Repeat this process for each Form 8949 you downloaded from CoinLedger. To enter another Form 8949 from a different provider (or exchange), click Continue and then select Yes when asked “Do you want to add sales for another provider?”

******NOTE**** If you had any crypto income for the year, be sure to continue onto the next section below and follow those steps.

If you didn't have any crypto income this year, you can continue with filing the rest of your tax return.

Importing Your Crypto Income into TaxAct

Once you have entered your transactions from Form 8949 into TaxAct, you'll need to enter any income you earned from crypto next. You'll be asked if you received a Form 1099-MISC with any of the following income reported on Box 3:

If you did, select Yes and upload your Form 1099-MISC. If you did not, select No and continue on.

On the next page, TaxAct only allows you to enter one or two fields in this section, so you can combine all of your total crypto income totals into one total income number and report it here if you earned multiple types of income this year.

For a combined total, label it either as "Crypto Income". If you've only earned one type of crypto income this year, just name it according to that type. For example, label it as "Mining Income" if you received only mining income, etc.

Continue on to the next screen, and finish filing your taxes by answering all of the other necessary questions!

Remember to answer Yes if TaxAct asks if you have purchased or sold virtual currency this year.

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